Here is a breakdown of the major closures and what they mean for you.
The Collapse of a Giant: Value City & American Signature
The biggest shock to the system came from American Signature Inc. (ASI), the parent company of both Value City Furniture and American Signature Furniture. After filing for Chapter 11 bankruptcy in late 2025, the company originally hoped to restructure. However, by January 2026, those plans unraveled when no buyer emerged to save the brand.
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- The Scope: All 89 locations nationwide are liquidating. This includes the remaining 9 Value City stores in Maryland, spanning from Baltimore and Glen…