#United States #Ohio #SB360 Capital #American Signature #Value City Furniture

Going Out of Business Sales Begin for Furniture Chain

A significant transformation is underway in the retail landscape as SB360 Capital Partners, Hilco Global, and Gordon Brothers have officially received the green light from the bankruptcy court to commence Going Out of Business (GOB) sales at all remaining stores of American Signature Inc., which includes the respected Value City Furniture and American Signature Furniture brands. This announcement comes after ASI filed for voluntary Chapter 11 bankruptcy in November 2025, marking a pivotal moment for the company that has been a staple in furnishings for nearly eight decades.

Understanding the Context

Based in Ohio, American Signature Inc. has long been recognized as a trusted source of furniture across the eastern U.S. The company has built a legacy of providing quality, stylish, and affordable options for families throughout the region. As part of their bankruptcy proceedings, ASI has been compelled to close 89 stores, moving to liquidate assets and clear inventory through significant discounts.

The Sale Details

Starting immediately, shoppers can explore both Value City Furniture's 79 locations spanning 13 states and American Signature's 10 stores in Delaware and Florida. Discounts are impressive, with markdowns ranging from 25% to a staggering 50% off the original prices on a vast selection of furniture items. Customers will find reduced prices on essential home furnishing categories including living room, dining room, and bedroom sets, as well as decor, mattresses, rugs, and lighting options.

Notably, the previously announced closing stores in Tennessee and North Carolina have also been in the midst of their own sales, with deeper discounts expected as they finalize their operations.

The Importance of Acting Quickly

This event underlines the urgency for consumers to shop early. Aaron Miller, President of SB360, captured the essence of the situation perfectly by stating, "A sale of this magnitude will bring never-before-seen values to a broad selection of top-quality furniture already offered at truly affordable prices." As stock is limited, the selection will likely diminish swiftly, encouraging shoppers to take advantage of this unique opportunity.

A Call to Action

For anyone eager to capitalize on these unbeatable deals, visiting the ASI's store locator online can help you find your nearest GOB sale location. This compelling liquidation event aims to provide stylish furniture for every corner of the home at prices that will likely not return once this inventory is sold off.

Company Insights

About SB360 Capital Partners

SB360 Capital Partners (sb360.com) is a leading firm in North America specializing in advisory, asset realization, and restructuring services within the retail and consumer sectors. With a broad portfolio that includes business advisory, asset disposition strategies, and investment initiatives, SB360 plays a vital role in supporting businesses navigating impactful changes.

About Hilco Global

Established as a subsidiary of ORIX Corporation USA, Hilco Global is a diversified financial services entity dedicated to maximizing client value across various sectors including retail and industrial spaces. Their approach utilizes strategic advisory combined with financial resources to foster enduring enterprise value, assisting both healthy and distressed companies.

About Gordon Brothers

Since its inception in 1903, Gordon Brothers (www.gordonbrothers.com) has adopted a solutions-driven methodology across its service offerings. Known for optimizing asset value in retail, commercial, and industrial contexts, Gordon Brothers consistently delivers expert insights necessary for navigating market fluctuations.

In summary, the Going Out of Business sales at Value City Furniture and American Signature Furniture not only symbolize a major shift in the retail space but also present a rare chance for consumers to secure quality furnishings at unheard-of prices. Act now to seize these fleeting opportunities before they are gone.