Furniture Retailers Struggling ; Sofa Express and More's Collapse Follows Pattern in Business Hit Hard by the Housing Slump, Imports.

Summary


The collapse of Sofa Express and More, which is closing its stores and throwing hundreds of employees out of work, follows the failure of other furniture retailers in a business hit hard by the housing slump, furnishing industry observers said Wednesday.

Sofa Express, based in Groveport near Columbus, gave store employees a 60-day notice on Monday that they would lose their jobs. According to information the company has given the Ohio Department of Job and Family Services, it will eliminate 420 jobs in the state, including 250 at its Groveport headquarters.

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Furniture Retailers Struggling ; Sofa Express and More's Collapse Follows Pattern in Business Hit Hard by the Housing Slump, Imports.

But the job loss may actually be higher because some store staffs may be small enough that...

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