After 112 years in business, a Youngstown-area furniture company will be closing.
Goldsteins Furniture will be reopened as Levin Furniture, according to a news release from the company.
Goldsteins Furniture was started in 1906 by Myer Goldstein.
“It was time to make the tough decision,” said the founder’s great-great-grandson, Steve Goldstone, the president and CEO of Goldsteins Furniture. “We needed to expand, but we were landlocked by competitors in Cleveland, Erie and Pittsburgh. We also knew other furniture retailers were coming into the Youngstown market. After weighing all the options, we determined we couldn’t weather the storm and have decided to cease operations.”
Close-out sales will begin in the Boardman, Hermitage and Niles locations in June. All three stores will close by July, and they will reopen as Levin Furniture around Labor Day.
“My sincere appreciation goes out to our many associates, especially employees whose families have been with us for three and four generations. Words can’t express the gratitude I have for them and the thousands of families who welcomed us into their homes through the years” said Goldstone.