Dive Brief

American Signature Inc. plans to close 33 stores in Chapter 11 and expects to enter into a stalking horse purchase agreement with current equity holders.

A Value City Furniture exterior storefront and parking lot

A Value City Furniture store in Westland, Michigan, on March 16, 2012. Parent company American Signature Inc. saw net sales drop nearly $150 million from 2024 to 2025.

Value City furniture store, 37001 Warren Road, Westland, Michigan.” by Dwight Burdette is licensed under CC BY 3.0