Columbus, Ohio, November 24, 2025
American Signature, Inc., parent company of Value City Furniture, has filed for Chapter 11 bankruptcy. This strategic move includes a court-supervised sale process while ensuring many stores remain operational. The company will close select locations, particularly in Nashville and metro Atlanta, but continues to fulfill online orders and honor customer warranties. Stakeholders are encouraged to support the company during this transition, which highlights the ongoing challenges in the retail market.
American Signature Files for Chapter 11 Bankruptcy: What You Need to Know
A significant player in the home furnishings industry initiates a court-supervised sale process while maintaining ongoing operations.
Columbus, Ohio – American Signature, Inc., the parent company of Value City Furniture and American Signature Furniture, has filed for Chapter 11 bankruptcy protection as of late last year. This strategic move aims to initiate a court-supervised sale process designed to maximize value for its stakeholders, demonstrating the complexities faced by retail businesses in an evolving market landscape.
Despite the bankruptcy filing, many stores and the American Signature website remain fully operational, continuing to offer customers a selection of services, including holiday discounts. This has allowed the company to maintain customer engagement while navigating its restructuring efforts.
Store Closures and Sales
As part of its restructuring, American Signature is closing select store locations in markets where it plans to exit, notably all locations in Nashville and the metro Atlanta area. Store closing sales are currently underway at these locations, providing customers with significant markdowns on furniture and home decor items. This approach helps clear inventory while maintaining cash flow during a challenging transition period.
Order Fulfillment Commitment
Customers are encouraged to continue placing orders both online and at participating store locations. The company is committed to fulfilling orders for products currently in stock through December 22, 2025. This assurance helps build customer trust, providing clarity amid the changes and uncertainty that accompany a bankruptcy process.
Warranties and Financing Options
For current customers, American Signature has committed to honoring existing warranties through a third party, ensuring that consumer rights are upheld despite the ongoing structural changes. Financing programs remain available, demonstrating the company’s prioritization of supporting its customers even during these tumultuous times.
Final Sales Policy
As the restructuring progresses, customers should be aware that after December 7, 2025, all sales are expected to be final, and returns or exchanges will not be accepted. This policy shift underscores the need for customers to make informed purchases and plan accordingly during the transition phase.
A Glimpse into American Signature’s History
Founded in 1948, American Signature has grown to become a significant player in the home furnishings sector, operating over 120 stores across 18 states. The company offers a wide array of products, including living room, dining room, and bedroom collections, along with décor, lighting, mattresses, and rugs. Its deep-rooted history and commitment to customer service have contributed to its resilience in the face of market challenges.
Conclusion
The recent Chapter 11 filing by American Signature, Inc. reflects the broader challenges in the retail sector, particularly within the home furnishings market. The company’s commitment to fulfilling orders, honoring warranties, and providing financing options illustrates a dedication to customer service, even during restructuring. Stakeholders are encouraged to stay informed and consider supporting local businesses as they navigate these evolving circumstances in the Charlotte area and beyond.
Frequently Asked Questions (FAQ)
1. Are all Value City Furniture and American Signature Furniture stores closing?
2. Will my existing warranty be honored?
3. Can I still place orders online or at participating store locations?
4. Are financing programs still available?
5. When will all sales be final, and returns or exchanges not accepted?
| Feature | Description |
|---|---|
| Bankruptcy Filing | American Signature, Inc. files for Chapter 11 bankruptcy protection and initiates a court-supervised sale process. |
| Store Closures | Certain store locations, including those in Nashville and metro Atlanta, are closing, with store closing sales underway. |
| Order Fulfillment | Customers can place orders online and at participating store locations, with fulfillment for in-stock products through December 22, 2025. |
| Warranty and Financing | Existing warranties are honored, and financing programs remain available. |
| Final Sales Policy | After December 7, 2025, all sales are final, and returns or exchanges will not be accepted. |
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