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The rise and fall of a $500M company: A look at Klaussner's shutdown

The rise and fall of a $500M company: A look at Klaussner's shutdown
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The rise and fall of a $500M company: A look at Klaussner's shutdown

The news that 60-year-old Klaussner Home Furnishings is out of business shook the industry this week, leaving retailers scrambling for new resources and wondering how .

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Marine Concepts Names Chief Executive

Industry veteran Terry McNew had a long tenure at MasterCraft, where he led the company through its initial public offering.

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Klaussner Home Furnishings Announces David Cybulski as CEO - Furniture World Magazine

Furniture Industry News: Cybulski has served as CFO since 2019 and brings more than 35 years’ experience in leadership roles with consumer-facing manufacturing companies.

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Klaussner Home Furnishings exits outdoor furniture market

Print ASHEBORO, N.C. - Klaussner Home Furnishings, the eighth largest home furniture maker on the FDMC 300, announced it will discontinue its outdoor furniture products. “With the demand COVID-19 has created, we have made the decision to exit the outdoor category and turn our attention to our core business,” said company CEO Terry McNew. “The demand for our domestic upholstery, case goods, and specialty bedding products continues to increase at unprecedented levels. Redeploying our assets from outdoor furniture to our core categories will help us support our valued retail partners.” Klaussner at one point had more than 20 outdoor collections. Klaussner is one of the largest furniture makers in the country. With 1,200 employees, the company operates showrooms in High Point, Las Vegas, and Chicago. Klaussner is number 30 on the FDMC 300.

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