Your local Value City Furniture could be closing soon as the furniture retailer continues its Chapter 11 bankruptcy proceedings. The closures are part of efforts by Value City’s parent company, American Signature Inc., to reduce costs as it seeks a buyer for the company.
In total, 33 stores are closing nationwide , with Michigan being one of the hardest hit states. Closeout sales are already underway with the stores expected to close permanently in the coming weeks.
The stores closing in Michigan are as follows:
Ann Arbor -- 425 East Eisenhower Parkway
Clinton Township -- 33801 Southbound Gratiot Avenue
Dearborn -- 5701 Mercury Drive
Lansing -- 8748 West Saginaw Highway
New Baltimore -- 50400 Gratiot Avenue
Novi -- 27775 Novi Road
Portage -- 550 Ring Road
The company re

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