Chicago based Great American Group, one of the nation's premier asset management firms, will initiate store closing sales for Atlanta-based Home furnishing provider Rhodes Inc under the names John M. Smyth's Homemakers and Rhodes Furniture. A total of 14 stores (John M. Smyth's Homemakers, 6 stores; Rhodes Furniture, 8 stores) will be closed in Louisville, Kentucky; St. Louis, Missouri; and surrounding Chicago, Illinois locations.
Separately, the remaining Rhodes locations will be purchased by Great American Group and Rhodes Acquisition, LLC (a company formed by Rooms To Go, Inc - the leading furniture retailer in the United States).
"Great American Group and joint-venture partners (Zimmer-Hester and Professional Sales & Consulting) are pleased to be selected to manage this process. They look forward to providing customers with great values on high-quality furniture for every room in their home," stated Jeff Yellen, President of Great American Group, Furniture Division.
Customers will be able to take advantage of great discounts off home furnishings for the entire home, including: entertainment centers, home office systems, bedroom furniture, living and dining room sets, sectional furniture, and much more. Sales will begin immediately at some locations and in the coming weeks at the remaining locations. For a complete list of store closings, please visit Great American Group website.
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