Good's Furniture & Flooring to close three stores
Will keep one floor covering unit open
Clint Engel -- Furniture Today, January 15, 2009
NEW HOLLAND, Pa. — The three-store Good's Furniture & Flooring, which was reborn three years ago with the reopening of the former Good's Furniture flagship here, is closing - another victim of the weak economy.
The stores in New Holland, Harrisburg and Dover, Pa., will close after going-out-of-business sales that start Jan. 29 and are expected to run until April.
Richard Good, 73, opened the business in 2005, along with his wife Annetta Good and partners Frank Barrett and Joe Cassidy. Good, son of the founder of the original Lancaster, Pa.-based Good's Furniture (which was sold to Breuners Home Furnishings Corp. in 1996 and later closed), said he will retire from day-to-day activities in furniture business.
The company cited the economic downturn for the decision to close.
"The company wants to maintain their good reputation and integrity and will fulfill all of its obligations and commitments to their customers, employees, suppliers and bankers," the retailer said in a statement.
Good's is not filing for bankruptcy protection.
The company said the closing does not affect Good's floor covering division, which will continue to operate in Lancaster, Pa. That location is currently open to the building trade and will be renamed Richard's, its original name.
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Good's Furniture shutting down operations
Jan 18, 2009
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