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Asolica > Blog > Finance > 75-year-old furnishings chain liquidates and closes, no chapter
Finance

75-year-old furnishings chain liquidates and closes, no chapter

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Last updated: April 7, 2026 4:19 am
Admin
2 months ago
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75-year-old furnishings chain liquidates and closes, no chapter
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The success of the furnishings retail business depends on a wholesome actual property market, which has not carried out properly in current months.

Contents
  • Present residence gross sales fall
  • Waltman Furnishings closes final retailer
  • Largest furnishings retailer in Butler County
  • Proprietor seeks sale of actual property
  • Retailer affords prime manufacturers
  • Retailer house owners retire

“The housing market is just stuck in neutral,” Emarketer principal analyst Zak Stambor advised Retail Dive. “By and large, just few people are moving, and the lack of housing turnover means there’s a smaller-than-normal market for goods.”

Present residence gross sales fall

Present residence gross sales in January 2026 fell by 8.4%, in comparison with December 2025, to the bottom degree since August 2024 and declined 4.4% in comparison with January 2025, in keeping with knowledge from the Nationwide Affiliation of Realtors, cited by the Nationwide Affiliation of Dwelling Builders.

When shoppers purchase homes, they typically additionally buy new furnishings for the rooms of their new residence. If shoppers are usually not shopping for furnishings, it might probably result in residence furnishing retailer misery and, in some instances, closures.

75-year-old furnishings chain liquidates and closes, no chapter
Waltman Furnishings closes its retail operation after 75 years in enterprise.

Shutterstock

Waltman Furnishings closes final retailer

After a long time of gross sales success, iconic Pennsylvania residence furnishings chain Waltman Furnishings will shut its remaining location and warehouse after finishing a liquidation sale that begins on April 9. The proprietor plans to retire after closing.

The Kittanning, Pa.-based furnishings retailer has employed Planner Furnishings Promotions to conduct the going-out-of-business course of on behalf of Waltman Furnishings, in keeping with Furnishings Right now.

Largest furnishings retailer in Butler County

The 75-year-old retailer initially opened its first retailer in 1951 in Chicora, Pa., the place it grew to become the most important furnishings retailer in Butler County, Pa., the Butler Eagle reported.

Founder Vernon Waltman handed the corporate over to his son Frank Waltman in 1982. Walman would broaden the enterprise in 2016, opening a second location in Kittanning.

The corporate later closed the Chicora retailer and consolidated operations within the newer location in 2023, in keeping with a press launch from Planner Furnishings Promotions, BedTimes reported.

Proprietor seeks sale of actual property

Waltman plans to promote the 100,000 square-foot showroom and warehouse facility in Kittanning after liquidating all stock, then retire.

“Frank and his family have built an exceptional legacy,” Tom Liddell, senior vp of Planner Furnishings Promotions stated in a press release. “Their dedication to customer service earned the trust of generations of customers and we’re proud to support them through this final chapter.”

Retailer affords prime manufacturers

Prospects should buy discounted furnishings, mattresses, and equipment from prime manufacturers at Waltman, together with Beautyrest, Greatest Dwelling Furnishings, Brooklyn Bedding, Flexsteel, HomeStretch, Leather-based Italia, Mayo Furnishings, Mega Movement, Serta, Southern Movement, Spring Air, and Vaughan-Bassett.

The furnishings business has misplaced a number of different unbiased furnishings chains and shops to retirement in current months.

A number of of the furnishings companies that closed had multi-generational house owners who operated for many years. That was the case with Greenbaum Dwelling Furnishings, a family-owned operation since 1959.

Retailer house owners retire

Greenbaum Dwelling Furnishings, which at one time operated 4 shops and a warehouse in Washington, introduced on its Fb web page that it’s going to shut its final remaining retailer in Bellevue, Wash., after conducting a ultimate retirement sale starting March 19.

Furnishings retailer chain Kasala Fashionable Dwelling Furnishings closed down its three shops additionally within the Pacific Northwest, because the house owners retired from the business to concentrate on different enterprise and private pursuits, in keeping with its web site.

The Seattle-based furnishings chain Kasala Fashionable Dwelling Furnishings rolled out “The Great $5 Million Store Closing Sale” with a non-public sale that started Feb. 4 and expanded to most of the people on Feb. 6, searching for “to sell our entire and complete stock to the bare walls as quickly as possible,” in keeping with a message on its web site.

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