ANOTHER RETAIL SHOCKER | Goldsteins Furniture to close

YOUNGSTOWN — Goldsteins Furniture will close its doors after 112 years of business, the company announced today.

Close out sales will begin in Boardman, Hermitage and Niles locations in June and all three stores will be closed by September.

The stores will be reopened as the Pennsylvania-based company Levin Furniture around Labor Day.

In a press release, Steve Goldstone, the president and CEO of Goldsteins Furniture, expressed appreciation for its customers and employees, but said the company had to make a tough decision.

“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,” he said.

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