Reported 1 day ago
American Signature Furniture, a well-known 77-year-old furniture retailer, is closing all four of its stores in the Nashville area as part of a strategic realignment in response to recent economic challenges affecting the industry. Factors such as inflation, labor costs, and the lingering impacts of the Covid pandemic have led to a decline in new orders and shipments, resulting in store closures and layoffs across several retailers. The company aims to focus on strengthening operations in its top-performing regions.
Source: YAHOO