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The Honolulu Advertiser
Posted on: Thursday, July 12, 2001

HomeLife Furniture closes all 130 stores

By Andrew Gomes
Advertiser Staff Writer

It happened suddenly yesterday: HomeLife Furniture Corp., the eighth-largest U.S. furniture retailer, slammed the doors shut on its 130 stores across the country.

The HomeLife store in Pearl City is one of 130 to close across the nation.

Cory Lum • The Honolulu Advertiesr

Among the stores closed were two in Hawai'i: one at the Sears Roebuck and Co. distribution center in Pearl City and the other inside Sears at Ala Moana Center.

"Isn't this the strangest thing?" asked John Biazo, a HomeLife customer at Ala Moana yesterday.

Biazo said he furnished his downtown Honolulu apartment six weeks ago with HomeLife purchases and had returned to show employees pictures of his remodeled apartment. But the employees were gone.

The Ala Moana store, which occupies about one-third of the upper level of Sears, was dark and cordoned off. Signs in a nearby hallway read, "We regret that financial circumstances have resulted in the temporary closure of HomeLife."

 •  HomeLife Furniture says customers with merchandise on order should call 1-877-570-2336 for information on the status of their purchase.
The privately held company, formerly owned by Sears and based in Hoffman Estates, Ill., said the closure was temporary as it negotiates with lenders to obtain more financing. The company said it had temporarily laid off its approximately 2,000 employees. It was unclear yesterday how many worked in Hawai'i. No date was set for reopening.

Mainland analysts said the shutdown was no surprise. Nationwide, the furniture industry has been hurting from slumping consumer confidence. HomeLife also had fallen behind on payments to vendors and suppliers and struggled with transportation and other costs.

Signs at Ala Moana yesterday urged customers seeking details on purchases to call (877) 570-2336.