134-Year-Old American Furniture Chain Files For Bankruptcy, Closes All 553 Stores

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134-Year-Old American Furniture Chain Files For Bankruptcy, Closes All 553 Stores (www.activistpost.com)

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[–] • 1 pt

That is exactly what it was. From what I remember it was mid-tier furniture and if you paid cash it was generally a good deal. But they were a classic predatory financier and if you bought on their credit you were hit with 30% interest rates or what the local laws allowed to be the max interest rate they could get away with.

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