Rising Bankruptcy Trends in Furniture
The U.S. furniture sector is facing escalating bankruptcies, impacting supply chains and retail operations. BKWire’s daily filings and creditor data help you stay proactive.
How BKwire Protects Your Furniture Supply Chain
Suppliers
Spot vulnerable raw material partners early via daily bankruptcy alerts and creditor exposure data, preventing losses from disrupted wood and fabric flows.
Manufacturers
Track filings across the supply chain to secure component sourcing, enabling swift pivots to alternative vendors and minimizing production halts.
Retailers
Ensure inventory continuity with real-time insights into upstream bankruptcies, protecting just-in-time stocking and sales commitments.
Bankruptcy in the industry turns assets into dead weight
Factories that collapse leave frames stacked in warehouses, imported sofas abandoned at ports, and retailers with unsellable stock. This distorts pricing, cuts off reliable lines, and strands capital across the supply chain.
BKwire helps you makes sense of sudden insolvencies
Insolvencies create confusion fast: distributors chase missing payments, retailers cancel launches, and suppliers scramble to cover credit gaps. BKwire offers daily insights, giving you a clear view of risks.
BKwire helps you makes sense of sudden insolvencies
Insolvencies create confusion fast: distributors chase missing payments, retailers cancel launches, and suppliers scramble to cover credit gaps. BKwire offers daily insights, giving you a clear view of risks.
BKwire Furniture Bankruptcy Filings 2023-2025
2023
Number of Filings
Post-pandemic supply chain strains; retail and manufacturing hardest hit.
2024
Number of Filings
40% above 2019-2022 average; e-commerce and discount retailers prominent.
2025 (YTD)
Number of Filings
Retail closures and manufacturer sales doubled; large-scale liquidations dominate.
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Recent Furniture Bankruptcies
Big Lots (September 2024, into 2025)
Bankrupt
Filed Ch.11 in Delaware with $556M debt, closing 300+ stores after sales slump; court okayed sale of 200–400 sites to Variety Wholesalers for 219 reopenings by May, with $6.5M exec deal & Oct. 9 hearing on restructuring.
Walker Edison Furniture Company (August 2025)
Bankrupt
Utah-based RTA furniture maker filed second Ch.11 in Delaware amid liquidity woes; pursuing asset sales while operating, with Oct. 7 creditor meeting disrupting online retail & logistics at this $1B+ revenue firm.
W.J.S. Furniture (July 2025)
Bankrupt
Texas manufacturer tied to gift & home decor chains filed voluntary Ch.11 in Texas with IG Design Group; ongoing reports through Aug, risking production halts & vendor disruptions in custom furniture distribution.
Recent Medical Bankruptcies
NES Health
Bankrupt
Filed for Chapter 7, leading to liquidation after failing to pay emergency physicians, leaving hospitals understaffed and doctors without malpractice coverage.
Why the Furniture Industry Needs BKwire Bankruptcy Monitoring
Risk foresight
Uncover vulnerabilities in sub-elements like woodworking chains before impact
Prospect scan
Locate distressed assets or allies for potential deals
Combined insights
Connect with Watchlist alerts for zone-wide monitoring
Leverage Bankruptcy Insights to Protect Your Business
Receive alerts on bankruptcies across factories, importers, and retailers.