Haynes Furniture Going Out Of Business After 130 Years in Virginia

Haynes Furniture going out of business after nearly 130 years in Virginia, with liquidation sales starting at 10 a.m. Thursday and discounts up to 80%.

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Haynes Furniture Going Out Of Business After 130 Years in Virginia

Haynes Furniture going out of business ends a nearly 130-year run in Virginia, with Haynes Furniture and The Dump Luxe Furniture Outlet set to close permanently. Liquidation sales began at 10 a.m. Thursday across all Haynes and The Dump locations, putting brand-name furniture, mattresses and rugs on sale for customers now, not later.

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E. J. Strelitz, the family-owned chain's executive chairman, called it “This is a bittersweet ending, filled with gratitude for four generations of customers and employees” and added, “Thank you to everyone who helped us along the way.”

10 a.m. Thursday sale starts

10 a.m. Thursday marked the start of the liquidation managed by SB360 Capital Partners, giving shoppers a final pass through Haynes and The Dump as the stores move toward permanent closure. Prices are expected to run 40% to 80% off retail, and deeper markdowns are expected as the liquidation progresses.

40% to 80% off is the range that frames the sale floor, with brand-name furniture, mattresses and rugs included in the markdowns. For shoppers, that means the first wave of discounts is already live, while the best price cuts are expected later in the process as inventory is worked down.

Richmond and Henrico stores

In Central Virginia, the closing locations include Haynes Furniture stores on Hull Street Road in Richmond and West Broad Street in Henrico, plus The Dump on Brook Road. Haynes Furniture first opened on Grace Street in Richmond and Main Street in Norfolk, a route that now ends with the family business shifting from retail operator to liquidation sale.

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Aaron Miller, president of SB360 Capital Partners, said the liquidation gives Virginia shoppers a final chance to shop both brands at once. He said, “Generations of Virginians have trusted Haynes for quality and value, and The Dump Luxe Furniture Outlets made luxury brands accessible at outlet prices.”

The last sale together

One last time, “This sale brings the best of both together one last time,” Miller said. That line captures the split in the story: the chain is still trading, but only long enough to clear out what remains before the permanent shutdown.

Customers shopping Richmond and Henrico locations now face a closing window defined by liquidation, not a regular sale cycle, and the prices should keep shifting as stock thins. Why Haynes Furniture is closing after nearly 130 years remains the unanswered part of the story; what is clear is that the family business that served four generations is now in its final stretch.

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Chartered financial analyst writing on equity markets, cryptocurrency, and Federal Reserve policy. MBA from Wharton School of Business.