A joint venture of SB360 Capital Partners, Hilco Global and Gordon Brothers has received bankruptcy court approval to operate going out of business (GOB) sales in all 89 remaining American Signature stores. American Signature filed petitions for a voluntary Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware in November of 2025.
The GOB started in Value City Furniture’s 79 stores across 13 states, and American Signature’s 10 stores located in Delaware and Florida. Shoppers will find discounts of up to 50% off original prices on a wide selection of home furnishings, including living room, dining room and bedroom collections, as well as decor, lighting, mattresses and rugs.
The company’s five previously announced closing stores in Tennessee and North Carolina have been offering storewide discounts during a store closing sale. Those five locations, four ASFs in Nashville and one VCF in Charlotte, will continue with deeper discounts as they wrap up sales over the next few weeks.
“A sale of this magnitude will bring never-before-seen values to a broad selection of top-quality furniture already offered at truly affordable prices,” Aaron Miller, president of SB360, on behalf of the joint venture, said. “We encourage everyone to shop early during this limited-time event while selection is at its best. The compelling liquidation discounts on stylish furniture for every room of the home will make this a short sale in these stores.”
