A POPULAR furniture store is closing in Washington, offering customers 70% off all its fine rugs this Independence Day.
A Basset Furniture franchisee is closing its store in Redmond, Washington, 25 miles east of Seattle, after more than two decades in business.
It announced 70% off “ALL” its fine rugs on July 4, 2024, which the store claims will be its last.
Additionally, the store states that shoppers only have Sunday, July 7, 2024, to make the most of this opportunity.
“We are closing this store forever! Until July 7th, you can negotiate your best deal,” the store said on its Facebook page.
‘END OF AN ERA’
Although it did not disclose the reason for the closure, the store has been trying to liquidate its assets since the announcement last April.
Read more about store closures
The store has a 20,000 square meter showroom, offering a wide selection of furniture and mattresses that will be on sale at up to 65%,” he said. in a statement.
Franchisee Todd Copitzky opened the store in 2000.
This closing marks its 24 years of business in Redmond.
“Our sale marks the end of an era, but it also presents an opportunity for our customers to purchase timeless pieces at unprecedented prices,” he previously said.
Other brands in the store include Stressless, Tempur-Pedic, Stearns & Foster, Leather Italia, USA Leather, Heckman and Howard Miller.
Management encouraged advance purchase of the best selection.
“As we close the chapter on 24 incredible years, I am filled with gratitude for the support of our loyal customers and the hard work of our dedicated team,” said Copitzky.
It’s unclear how the store closure will affect the brand’s overall performance in the US.
NO NEW STORES FOR 2024
In its latest available quarterly report, Bassett Furniture Industries, Inc. reported an operating loss of $2.4 million “in the challenging sales environment.”
“There are currently no new corporate-owned stores planned for 2024, although we are conducting due diligence in several markets,” he said.
Bassett Redmond’s full closing statement
After 24 years, Bassett Móveis will close its doors. The clearance sale opens to the public on April 17th and offers a unique opportunity to purchase quality home furniture at huge savings.
Todd Copitzky established his private Bassett Furniture franchise in Redmond in 2000.
For nearly a quarter century, Copitzky and his dedicated team have served the community by providing excellent customer service and contributing generously to local charities such as House of Hope and Northwest Harvest.
The Bassett Furniture inventory liquidation will take place at 2233 Bel-Red Rd.
The 20,000 square foot showroom offers a wide selection of furniture and mattresses that will be on sale with home accessories discounted up to 65%.
Famous brands include Bassett, Stressless, Tempur-Pedic, Stearns & Foster, Leather Italia, USA Leather, Heckman and Howard Miller.
“As we close the chapter on 24 incredible years, I am filled with gratitude for the support of our loyal customers and the hard work of our dedicated team,” said Copitzky.
“Our sale marks the end of an era, but it also presents an opportunity for our customers to purchase timeless pieces at unprecedented prices.”
Management encourages purchasing in advance for the best selection.
Credit: basset
Bassett Furniture Industries was founded in 1902.
With over a century of experience, it claims to have become a leading manufacturer and marketer of home furnishings.
The US Sun also wrote about the closure of other stores that generated big sales to clear inventory.
Thousands of retail stores have announced closures this year, sparking fears of a “retail apocalypse.”
A retail apocalypse is often used to describe a wave of brick-and-mortar store closures, especially in the age of e-commerce.
Additionally, Rite Aid confirms that 30 more stores are slated to close for good.
This story originally appeared on The-sun.com read the full story
