Lexington, Kentucky, January 13, 2026
Value City Furniture and American Signature Furniture are set to close all their locations nationwide due to financial struggles tied to a recent bankruptcy filing. With liquidation sales beginning soon, customers can expect substantial discounts of up to 50% on home furnishings. Pending orders may face fulfillment issues, and refunds will not be offered. This closure marks the end of a notable business era in retail, reflecting the ongoing challenges in the industry.
All Value City Furniture Locations to Close Following Liquidation
Lexington, Kentucky – In a significant development for the retail landscape, all Value City Furniture and American Signature Furniture locations across the nation will be closing. This announcement was made recently, signaling the impending end for these brands as they initiate going-out-of-business sales.
Details of the Closure
American Signature Inc., the parent company of both Value City Furniture and American Signature Furniture, revealed plans to close all 89 of its stores. This closure includes 79 Value City Furniture locations spread across 13 states, as well as 10 American Signature Furniture stores located in two states. As part of the liquidation process, customers can expect discounts reaching as high as 50% off original prices on a variety of home furnishings, including living room, dining room, and bedroom collections, along with decor, lighting, mattresses, and rugs. However, the exact timeline for the final days of operation remains uncertain.
Background Context
The closure is rooted in financial challenges, as American Signature Inc. filed for Chapter 11 bankruptcy in November 2025. These financial troubles have ultimately paved the way for this extensive liquidation effort.
Impact on Customers
For customers with pending orders, the company has advised reaching out directly for updates regarding those orders. While they are attempting to fulfill orders for items currently in stock, it’s important to note that the company has ceased offering refunds and is no longer accepting gift cards.
Company’s Financial Situation
American Signature Inc.’s bankruptcy filing disclosed an estimated asset range of $101 million to $500 million, with estimated liabilities ranging from $501 million to $1 billion, alongside a creditor count between 1,000 and 5,000. These figures underscore the substantial scale of the company’s financial difficulties.
Conclusion
The closure of all Value City Furniture and American Signature Furniture locations signals the end of a long-standing business in the retail sector. As these stores move through their liquidation sales, customers are encouraged to take advantage of the notable discounts available and to remain in communication with the company about their existing orders. This event serves as a reminder of the challenges faced by retail businesses in today’s economic climate, highlighting the need for resilience and innovation within our ever-evolving marketplace.
Frequently Asked Questions (FAQ)
What is the reason for the closure of all Value City Furniture and American Signature Furniture locations?
The parent company, American Signature Inc., filed for bankruptcy in November 2025, leading to the decision to close all 89 of its stores.
When did the liquidation sales begin?
The liquidation sales began on Friday, following the announcement of the store closures.
Are there any discounts available during the liquidation sales?
Yes, shoppers can find discounts of up to 50% off original prices on home furnishings, including living room, dining room, and bedroom collections, as well as decor, lighting, mattresses, and rugs.
What should customers with pending orders do?
Customers with pending orders are advised to contact the company directly for information regarding their orders. The company has stated that it is doing its best to fulfill customer orders for products that are currently in stock. However, it is not offering refunds, and the stores are no longer accepting gift cards.
What were the financial details of American Signature Inc.’s bankruptcy filing?
American Signature Inc. filed Chapter 11 bankruptcy petitions in November 2025, reporting estimated assets of $101 million to $500 million against estimated liabilities of $501 million to $1 billion, with 1,000 to 5,000 creditors.
Key Features of the Store Closures
| Feature | Details |
|---|---|
| Number of Stores Closing | All 89 locations of Value City Furniture and American Signature Furniture nationwide |
| Start of Liquidation Sales | Friday, following the announcement of store closures |
| Discounts Offered | Up to 50% off original prices on home furnishings, including living room, dining room, and bedroom collections, as well as decor, lighting, mattresses, and rugs |
| Customer Order Status | Customers with pending orders are advised to contact the company directly for information; the company is not offering refunds, and stores are no longer accepting gift cards |
| Financial Situation | American Signature Inc. filed Chapter 11 bankruptcy petitions in November 2025, reporting estimated assets of $101 million to $500 million against estimated liabilities of $501 million to $1 billion, with 1,000 to 5,000 creditors |
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