Art Van Furniture
In March, Art Van Furniture filed for Chapter 11 bankruptcy and said it intended to shutter all of its Michigan, Indiana, Illinois, Ohio, and Missouri company-owned stores, along with eight Maryland and Virginia Wolf Furniture stores. The company claimed in its bankruptcy filing that it operates 169 stores and expects to sell 44 of those locations. They will close the remaining stores.
Bose
In North America, Europe, Japan, and Australia, Bose plans to close its entire retail store footprint. The company announced the decision earlier today and pointed to the fact that the reasoning is that its headphones, speakers, and other products “are increasingly purchased through e-commerce”. As a result, hundreds of workers will be laid off.