Value City Furniture bankruptcy and liquidation (2025-2026)
Value City Furniture, another large American furniture chain, filed for bankruptcy in late 2025 and then closed all of its stores, according to Furniture Today reporting cited by The Virginian-Pilot.
Stores liquidated and shut, removing a national competitor from the market.
Other chains kept expanding through the same period; Bob's Discount Furniture, which has Hampton Roads locations, continued opening stores despite tariffs and soft consumer confidence.
It is the obvious comparison for any furniture chain closing in this period, but Haynes' stated cause is different: the chairman's retirement, not a bankruptcy filing.
