Blames Tariffs & Slowing Spending; Company to File Bankruptcy
Shocking news emerged at the end of last week as we learned that Southern California multi-location retailer Howard’s Appliance suddenly closed all stores. Local media is struggling to get details on the situation, but here is what we know so far: Howard’s Appliances, a large and formerly successful independent TV, Appliance, and Mattress retailer in Southern California, just days after Black Friday, suddenly announced to employees it would be closing in two days. No reason was provided, and all employees were laid off as of December 6.
There was no formal announcement circulated to customers, and some have taken to social media to complain that they had deposits on various appliances and were waiting for delivery…delivery that is apparently not coming.
