30-year-old furniture retailer liquidating under Chapter 7

In a tense system wherever radical interest astir rising costs and perchance losing their jobs, galore radical chopped backmost connected discretionary spending. If you're disquieted astir your finances and paying your mundane bills, you astir apt don't regenerate your surviving country acceptable oregon redesign your kitchen.

“Furniture, of course, is galore times a discretionary and deferrable expense, truthful weakness successful the wide system oregon declines successful user confidence, similar we’ve seen the past fewer months, tin interaction consumers’ willingness to spend,” Mark Laferriere, an assurance spouse astatine Smith Leonard, told Homes.com.

He did, however, person immoderate optimism that things could crook around.

“Furniture purchases are besides tied to the wide lodging market, which has been sluggish, but could beryllium primed for a resurgence with higher inventory and the ongoing reductions successful involvement rates,” helium added.

For Country Willow, a elephantine New York-area furnishings store and plan center, that turnaround won't hap soon enough. The furnishings marque has filed for Chapter 7 bankruptcy and volition beryllium liquidated.

When consumers sojourn the Country Willow website, they're greeted with a connection that says the "Showroom is temporarily closed." In addition, though the company's societal media sites marque nary notation of its Chapter 7 filing, it did formally record for Chapter 7 bankruptcy connected Feb. 2, according to documents filed connected Pacer Monitor.

A listing connected Inforuptcy besides shared the filing details listing it arsenic a "no asset" Chapter 7 bankruptcy.

"Sources acquainted with the concern said Planned Furniture Promotions has been communicating with the retailer and is expected to play a relation successful handling the company’s dissolution," Furniture Today reported.

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Until 2024, the institution operated nether the Country Willow sanction earlier rebranding arsenic Willow Furniture & Design, "a sanction that reflects our broader scope of styles, and our committedness to timeless plan and forward-thinking interiors," the institution shared connected its website.

The company's ineligible sanction connected its Chapter bankruptcy filing remains Country Willow.

• Company:Country Willow Ltd., a New York-area location furnishings retailer besides doing concern arsenic Willow Furniture & Design, known for furniture, location décor, and interior plan services.

• Location: Bedford Hills, New York (primary showroom).

• Filed:February 2, 2026 (Voluntary Chapter 7 bankruptcy petition).

• Court: United States Bankruptcy Court, Southern District of New York (Case No. 7:26-bk-22112).

• Estimated assets: $1 cardinal to $10 million

• Estimated liabilities: $10 cardinal to $50 million

• Number of creditors listed: 50 to 99

• Liquidation: As a Chapter 7 case, the institution volition beryllium liquidated, meaning remaining assets are sold by a trustee to wage creditors.

• Liquidation Partner:Planned Furniture Promotions, a retail liquidation and promotional events firm, whitethorn beryllium progressive successful handling closures and income events related to the case.
  Sources: Pacer Monitor, Inforuptcy, Furniture Today