Monday, March 17, 2014

CARL”S FURNITURE TO CLOSE AFTER 73 YEARS




It seems like almost every day there is another company announcing that they are closing their doors. Many of them had been in business for decades, and it feels like we grew up with them. Seeing their commercials, passing and shopping at their stores, etc. This one is personal for me. Carl’s Furniture was a former client, and I put the surgical center in their headquarters location in Coconut Creek in 2006. I got to know the 2 principals of the firm and am still in touch with one of them now. Fortunately they were not hurt by the failure of the business personally, but the same cannot be said for the former employees. They used to have lost of stores, which all closed over the past few years, and were down to just 3. A combination of poor management and the recession served as a one two punch that knocked them out. The furniture business in general has been decimated, has consolidated and is now finally starting to recover. It is a tough business and getting more competitive all the time. You will continue to see Carl’s Patio stores open, as they split from the parent company in 2008. It is sad to see a local fixture go away but I guess it was just their time. Goodbye Carl’s, you will be missed. Since everything has to be sold in the remaining 3 stores you might be able to get one more deal there. Prices are marked down to 70% off so you might want to check it out if you need any furniture. As always thanks for reading and have a great day.

Carls Furniture closing all three stores




Orin Rosenfeld
President
Rosenfeld Realty Advisors
9858 Glades Rd. Suite 209
Boca Raton, FL 33434

Phone: 561-756-1665

No comments:

Post a Comment