On a recent weekend getaway to Cincinnati, an interior designer and friend of mine said that Sofa Express was going out of business. Shocked because I knew of people who had recently furnished most of their homes with competitively priced Sofa Express furniture, I decided to pursue this rumor only to find out it was true. I tried visiting the website which said it was “under construction” – always a bad sign for a business.
I ran across a post from the Business Courier of Cincinnati. The article begins, “An Ohio furniture retailer with a nearly 50-year history is eliminating its corporate staff and beginning the process to close stores. According to documents filed with the Ohio Department of Job & Family Services, Sofa Express Inc. plans to close all eight of its Central Ohio stores and its headquarters and warehouse. Another six stores in northeast Ohio are scheduled to close, putting 436 workers out of a job altogether. That tally includes 253 workers at the Groveport, Ohio, headquarters.”
Yuck. As if Ohio’s economy wasn’t looking bad enough. The company’s reason for closing is their financial situation. Usually I can’t help but run into news like the closing of furniture retailers in my own backyard, but the company is quietly dragging out the closure. It will take several months for 40 stores to be closed.