Company leaders at the beleaguered Southern California chain alerted staff of the decision earlier this week, reversing its original assurance that the closure was temporary.
The legal complaints have continued to pile up for the Southern California–based luxury kitchen, bath and appliance chain, which is now facing accusations of fraud in addition to tens of millions of dollars in lawsuits.
A week after abruptly pausing operations, the Southern California–based luxury kitchen, bath and appliance chain is facing legal action for past-due rent, breached credit agreements and missing orders.
In an announcement circulated to employees yesterday, the Southern California luxury kitchen and bath appliance chain cited “current business conditions” for the closure of its showrooms and distribution centers.
With a fashion-forward perspective and a curatorial approach, the newly launched Fred Segal Home hopes to carve out its own path in L.A.’s crowded showroom scene.
The retailer announced on Friday that it would cut 1,650 jobs, including members of its corporate team, in an effort to course-correct after a pandemic-era hiring spree, according to CEO Niraj Shah.
British-born retail pioneer Terence Conran’s flagship lifestyle brand, Habitat, has announced the closure of its last stores in France, and with it the final vestiges of Conran’s storied career.
Home furnishings brands navigated a challenging landscape of sky-high inflation and stunted sales—some with more success than others. Before turning the calendar page, Warren Shoulberg takes stock.