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Leath To Close Remaining 18 Stores

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Atlanta-based Leath Furniture, LLC, a leading home furnishings retailer with showrooms in Michigan, Iowa, Illinois, Indiana and Wisconsin, announced that after over 100 years in the retail furniture business it has decided to close its remaining eighteen stores and will begin conducting a going out of business sale at all of its locations. The company's regretful decision comes as a result of unfavorable financial conditions including the decline in the furniture industry. Chief Financial Officer Barbara Snow states "the difficulties in the furniture industry have caught up with Leath Furniture, forcing us to close our stores. We want to thank all of our loyal customers for their support and patronage and our employees for their years of dedicated service." As part of the going out of business sale, the company's furniture and accessories will be discounted from their original retail prices, offering consumers tremendous savings in all of the company'ís stores on leading brand names, including Lane, Broyhill, Berkline, Kincaid, Klaussner, Tempurpedic, Sealy, Simmons and more. Snow said "During our going out of business sale, we look forward to welcoming our customers one last time to purchase furniture at discounted prices." All of the Leath Furniture properties are being marketed. In addition, Planned Furniture Promotions, Inc. has been selected to manage the going out of business sales at all 18 locations. Roy Hester, Vice President of Sales of Planned Furniture Promotions, Inc. stated, "This is an outstanding opportunity for consumers to realize tremendous savings on a remarkable selection of some of the best brand names in furniture and accessories. " Based in Enfield, Connecticut, Planned Furniture Promotions, Inc. provides high-yield strategic furniture high-impact, liquidation and store closing services. Over the years, Planned Furniture Promotions, Inc. has disposed of many well known retail furniture stores including Huffman Koos, Rhodes and Levitz.

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