Mitchell Gold + Bob Williams
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| Furniture store | |
| Industry | Retail |
| Fate | Liquidation |
| Founded | 1989, Taylorsville, North Carolina |
| Founder | Mitchell Gold Bob Williams |
| Defunct | August 26, 2023 |
| Headquarters | Taylorsville, North Carolina, U.S. |
Number of locations | 0 (2023) |
| Products | Furniture |
| Owner | Independent (1989-1998, 2002-2014) Rowe Furniture (1998-2002) The Stephens Group, LLC. (2014-2023) |
| Website | [// ] |
Mitchell Gold + Bob Williams (formerly known as Mitchell Gold) was an American company based in Taylorsville, North Carolina that specialized in developing and manufacturing furniture. At the time of its closing in 2023, the company had 3 plants and 24 signature locations in the United States, with the first one opening in 2007. In August 2023, Mitchell Gold + Bob Williams announced that it would be permanently shuttering its operations after nearly 35 years. [1]
History
Founders Mitchell Gold and Bob Williams first founded the company back in 1989 as a small upholstery company in Taylorsville, North Carolina.
In the early 1990's, the founders purchased an existing factory in Taylorsville, and had one of the very first factories in the state of North Carolina with air conditioning.
In 2007, Mitchell Gold + Bob Williams opened their first furniture showroom store in Washington, D.C. at 14th Street NW, near Logan Circle. The company quickly expanded to around 25 showrooms during the remainder of its lifetime before shutting down abruptly in August 2023.[1]
In late 2014, Mitchell Gold + Bob Williams was sold to The Stephens Group, which was a family-run equality firm which mostly owned tech and industrial brands and holdings. The company retains equity in furniture and electronics store chain Conn's.[2]
On August 26, 2023, Mitchell Gold + Bob Williams announced that it would be permanently ceasing all operations effective immediately, and would be permanently shuttering its 3 plants and factories, its 24 furniture showrooms and outlet stores, and its corporate headquarters in Taylorsville. The company stated it was unable to obtain additional financing to continue operating. All employees were terminated effective almost immediately after the closure was announced. On August 31, 2023, The Stephens Group put Mitchell Gold + Bob Williams into Chapter 11 bankruptcy in the United States District Court for the District of Delaware after the closure announcement.[3][4]
References
- ↑ 1.0 1.1 "Legendary furniture brand Mitchell Gold + Bob Williams closes its doors". The Washington Post. August 28, 2023. Retrieved August 31, 2023.
- ↑ "Mitchell Gold + Bob Williams acquired by The Stephens Group". The Stephens Group. January 9, 2015. Retrieved August 31, 2023.
- ↑ "Furniture store Mitchell Gold + Bob Williams is shutting down". CNN. August 29, 2023. Retrieved August 31, 2023.
- ↑ "Stephens Group Puts Owner of Furniture Maker Into Bankruptcy". Bloomberg Law. August 31, 2023. Retrieved August 31, 2023.
External links
This article "Mitchell Gold + Bob Williams" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.