Garden Grove, Calif. - Linder's Furniture, the Southern California home-furnishings and CE chain, will begin going-out-of-business sales today at its 11 stores.
The 31-year-old business, which integrated CE with furniture in its showroom vignettes, entered into a General Assignment for the Benefit of Creditors under California law on Nov. 2 as an alternative to bankruptcy, but has since decided to shut its doors.
"Despite our best efforts, these turbulent times have left us with no choice but to wind down our operations," said president Eric Foucrier. "We believe this decision is in the best interest of our customers, employees and creditors."
Gordon Brothers Group is conducting the fire sale, which will run until the chain's $20 million inventory is sold.
"Sadly, this marks the end of our 31-year history," chairman and founder Phil Linder said.