78-year-old furniture chain closing all stores [Yahoo! Finance]
Bath & Body Works, Inc. (BBWI)
Company Research
Source: Yahoo! Finance
during the Covid days and somewhat because of the current worries about the economy. "As 2025 drew to a close, consumers were still wary about making higher ticket spends. A McKinsey & Co. report from November showed 47% planned to spend less of their discretionary income on furniture in the fourth quarter vs. just 18% who planned to spend more," Furniture Today reported. Overall, consumers are just being cautious when it comes to spending. Consumer sentiment data has also pointed to a more cautious and even dissatisfied consumer. The University of Michigan Sentiment Index for December was 52.9, down from 74.0 just a year earlier. That has created a challenging environment for furniture chains. Many Americans aren't making discretionary purchases which has led to a number of major chains closing, and multiple Chapter 11 bankruptcy filings. Now, Weir's Furniture, a Texas Institution for 78 years, has decided to close all its stores. Weir's Furniture closing down Visitor's
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BBWI
Earnings
- 3/4/26 - Beat
BBWI
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/16/26 - Form 4
- 3/16/26 - Form 4
- BBWI's page on the SEC website