Texas-primarily based furnishings retailer Louis Shanks is closing its doors soon after practically 80 years in company. The business announced Tuesday that it will close its two remaining retailers in San Antonio and Austin, following a liquidation sale. Sales ought to commence on Thursday, according to the statement.

Louis Shanks Furnishings was founded by Louis Shanks in Austin and has been in the family members for 4 generations. Shanks initially opened a retailer with companion John Stanford in downtown Austin in the 1940s. Immediately after 5 years, their partnership was dissolved, and Shanks then partnered with Henry Meyers to kind the Shanks-Meiers furnishings retailer. In 1954, Shanks purchased out Meyers and opened Louis Shanks Furnishings on Lamar Boulevard in Austin.

More than the years, the company expanded, adding a second retailer in Austin in 1974, followed by a San Antonio place in 1983. It later expanded to Houston and Sugarland. The business was also recognized by Furnishings These days as 1 of the leading one hundred furnishings retailers in the US, ranking 77th in 1996 and 69th in 1998.

The two remaining places for Louis Shanks Furnishings are the Austin flagship retailer at 2930 W. Anderson Lane and a sister retailer in San Antonio at Interstate ten and Huebner. Collectively, these retailers supply a total of 200,000 square meters of merchandise, which will be sold throughout the liquidation sale. When the sale is full and all merchandise and inventory is liquidated, the retailers will be permanently closed, the statement mentioned.

By Editor

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