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McMahan's, a longtime west coast furniture retailer, is closing all its stores. The retailer, which operates 17 La-Z-Boy Furniture Gallery and McMahan's stores in California and Oregon, cited the "current business environment" as a factor but did not elaborate in its press release.

McMahan's, which had been family-run since 1919, was one of the nation's oldest furniture retailers. It had $45 million in 2007 sales, according to Furniture Today.

McMahan's follows by nine months Levitz Furniture, which went bankrupt in 2007 after 97 years in business.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on August 26, 2008 12:14 PM.

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