furniture and home: August 2009 Archives

Old and local stores, late August edition

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The economic downturn is hitting local stores especially hard. Saddest among those affected are the decades-old establishments suddenly facing bankruptcy or liquidation. Recent news affects numerous local stores with long histories:

  • Syracuse, New York, home furnishings retailer Goldberg's is closing after nearly a century in business. Goldberg's, which once operated seven stores across upstate New York, first opened in 1910. Descendants of the founder include the owners of the Raymour & Flanagan furniture chain.
  • In good ol' Gothenburg, Nebraska, 43-year-old Hometown Variety is closing this autumn after clearing out inventory. Longtime owner Merle Honerman cites rising costs and declining sales as the usual culprits, and says he was unable to find a buyer for the business.
  • Kent Hardware in Kent, Ohio, is ending a 125-year-run next month. A sister store will remain open in a neighboring town, but Kent is now left without a hardware store.
  • And in Vinton, Iowa, Mahood's Shoe Store is closing after 63 years of operation. Bob Mahood plans on continuing shoe repairs after the clearance sale is complete.


Old Time Pottery bankrupt

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Bargain home decorating retailer Old Time Pottery Inc. filed for bankruptcy as part of a restructuring. The chain, which operates 37 stores across 12 states in the southeast, is expecting business as usual with no layoffs.


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.

About this Archive

This page is a archive of entries in the furniture and home category from August 2009.

furniture and home: July 2009 is the previous archive.

furniture and home: October 2009 is the next archive.

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