Is Great American Home Store Going Out of Business?

Is Great American Home Store Going Out of Business?
Is Great American Home Store Going Out of Business

Lately, the iconic furniture hub, Great American Home Store, has been under many rumors. The furniture company is closing many locations and has also announced “Going out of business sale.” So, this has made people wonder, “Is Great American Home Store Going Out of Business?”

However, the company is going through many changes; it does not suggest that they are leaving the business permanently. So, the truth is yet to be revealed. 

Are you also curious about the Great American Home Store? If yes, you are exactly where you should be. In this latest guide, we will help you find out whether this legendary furniture company is shutting down or not. So, don’t miss this informative article and read it till the very end!

About Great American Home Store

The Great American Home Store is the name of style and comfort in the world of furniture. This iconic furniture brand has been serving the industry for years. The journey of the Great American Home Store started in 2004. It is a locally owned and operated furniture manufacturing and selling company. 

They began their journey with the mission of delivering quality furniture. What makes them stand out? It’s actually their commitment to providing both style and comfort. So, with the Great American Home Store’s furniture, you have no need to compromise on style while opting for quality or quality and comfort while opting for style. 

This company manufactures and sells a range of home line furniture. So, from sofas to beds, you can find everything under their trustworthy roof. The company has 51 to 200 employees, and its headquarters is located in Memphis, TN. 

The Great American Home Store specializes in the following products: 

  • Furniture

  • Home Decor

  • Mattresses

  • Bedding

  • Lift and Motion Chairs

The Great American Home Store has been recognized for its outstanding achievements in the home furnishings industry. It has been selected as one of Home Furnishings Business's prestigious Power 50 Retailers list for 2016. 

This accolade further solidifies the store's position as a leading retailer in the country. Notably, the store has also secured the 10th position on the Top Independent Furniture Retailers list.

Is Great American Home Store Going Out of Business?

The answer to “Is Great American Home Store going out of business?” is not really simple. There is no official news of the Great American Home Store leaving the furniture industry. However, the company is getting acquired by another big company. Moreover, the Great American Home Store is also closing its current stores and has also announced going of business sales. 

So, this suggests that Great American Home Store is going out of business as it is going to be acquired and closing its stores. So, from these suggestions, we can say that the company is at the edge of closure and may soon go out of business. However, we must wait for official closure news to confirm that GAHS is actually shutting down. 

Great American Home Store Acquisition by Rooms To Go

The news related to the Great American Home Store going out of business came after the announcement of its acquisition. The popular furniture brand is acquired by another giant, Rooms To Go. Room To Go has been serving the furniture industry for many years. This company is known for selling quality furniture at low and discounted prices. 

Recently, Rooms To Go acquired the Great American Home Store. This acquisition was announced in August 2023. So, now all the GAHS will be operated under Rooms To Go. 

As we know, the retail industry is highly competitive, and businesses usually face many challenges. So, Great American Home Store also faced some challenges, such as changes in customer preferences and market competition. As a result of these challenges, the company is ceasing its production and closing down. 

Closure of Stores and Going Out of Business Sale

Is Great American Home Store Going Out of Business

The Great American Home Store is also closing down its current locations. This is because it has been acquired by Rooms To Go. So, now you can only see Rooms To Go in the Great American Home Store. Moreover, the popular brand has also announced going out of business sale. They are selling all their furniture items at reduced costs to clean their shelves. This is important as these shelves have to be filled up with Rooms To Go products. 

Is Great American Home Store Going Out of Business - Final Words

In conclusion, the rumors regarding Great American Home Store going out of business may hold some truth. The company, which has been in business since 2004, is now going to be acquired by another company named, Rooms To Go. Moreover, GAHS is also closing its current locations as they will be replaced by Rooms To Go. Rooms To Go will take incharge of the Great American Home Store, its operations, sales, and stores. 

Furthermore, the Great American Home Store has also announced going out of business sales. This all indicates that this big furniture brand is going to leave the industry. They are about to cease their production and sales, so they have announced the sale. So, as they are closing down, you may need to look for other furniture brands. 

FAQs

  1. When Was the Great American Home Store Founded?

The Great American Home Store was founded in 2004 with the innovative idea of selling a complete home line of furniture under one roof. 

  1. Is Great American Home Store a Privately Owned Company?

Yes, the Great American Home Store is a privately owned company with around 200 employees. 

  1. Who is Buying the Great American Home Store?

A well-known brand named Rooms To Go is acquiring the Great American Home Store. So, the Great American Home Store is closing its current stores as it is going under transition to Room To Go.