Major furniture company shuts down and liquidates; no bankruptcy

The furniture industry has faced economic challenges within the main half of of 2025, with several manufacturers shutting down operations, blaming monetary trouble led to by essential headwinds.

Among the commercial disorders companies have handled are the long-established-or-backyard suspects, equivalent to rising labor and product charges driven by inflation, rising curiosity charges on debt, and reduced customer foot web pronounce visitors over concerns relating to the economy.