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The Money Overview

Haynes Furniture and The Dump are closing all 12 stores after 128 years

Haynes Furniture and The Dump, a family-owned company based in Virginia Beach, announced on October 8 that all 12 of its stores will close for good, ending a furniture business that the family describes as 128 years old. Going-out-of-business sales began at 10 a.m. that Thursday, with the liquidation firm SB360 Capital Partners helping to run them. No final closing day has been set, and the company has not said how many workers will lose their jobs. It has also not said what happens to furniture that customers have already ordered or paid for.

That last gap is the one that reaches households. A deposit on a special-order sofa, a dining set that has not yet been delivered, a gift card or a warranty on a mattress all depend on a company that is now selling off its inventory, and Haynes and The Dump have not announced a policy on any of them. TheStreet reported that the company had not filed for bankruptcy as of its Friday report. The family declined an on-camera interview for now.

No closing date has been announced for any of the 12 stores, so customers with open orders have no published date to plan around.

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Twelve stores in five states

Haynes operates four showrooms, all in Virginia: Newport News, two in Richmond and Virginia Beach, where the flagship store and company headquarters sit on Virginia Beach Boulevard. The Dump Luxe Furniture runs eight outlets, in Richmond and Norfolk, Virginia; Tempe, Arizona; Atlanta; Deerfield and Lombard, Illinois; and Houston and Irving, Texas, according to the company’s news release. The release also mentions a distribution center in Williamsburg. Together the 12 locations span Virginia, Arizona, Georgia, Illinois and Texas.

Six of the eight Dump outlets, the ones in Arizona, Georgia, Illinois and Texas, had already been slated to close in September, TheStreet reported. The October 8 announcement therefore extended the closings to the six Virginia stores. The Dump Luxe Furniture Outlet opened in March 2005 and sold brand-name furniture, mattresses and rugs at 40% to 80% off established prices, Virginia Business reported, an off-price model that E.J. Strelitz and David Brand brought to furniture.

A retirement, and a sale with no end date

The family’s stated reason is a retirement. WTKR in Virginia Beach reported that Strelitz, the executive chairman, is retiring after a lifetime in the furniture business to spend more time with his children and grandchildren. In the company’s release he called the ending “bittersweet” and “filled with gratitude for four generations of customers and employees.” The business began on Grace Street in Richmond and Main Street in Norfolk, and TheStreet reported that Strelitz’s grandparents, Ellis and Minnie, bought a Norfolk store in 1930.

SB360 Capital Partners, an asset disposition and advisory firm, is assisting with the sales. Its president, Aaron Miller, called the sale “a rare chance to furnish a home with brands Virginians have trusted for generations.” The release promises substantial savings with further markdowns throughout the liquidation, and WTKR reported that the stores stay open until the inventory sells, with selection depending on what is left. The family encouraged customers to shop early for the best choice.

Employees are the other open question. The release says the company is committed to standing by its associates, including through retirements and new opportunities, but gives no headcount and no severance terms. Christopher Williams, who worked five years at the Hull Street Road Haynes in Richmond before moving to the company’s Williamsburg warehouse, told WWBT that walking through the store again was “definitely like a nostalgic feeling” and called Haynes “the number one go-to for furniture bedding.”

Orders, deposits and warranties with no stated policy

The announcements describe discounts and store lists but say nothing about delivery dates for items already purchased, refunds for deposits, the status of gift cards or whether warranties will be honored after the last store closes. A store that keeps selling during a liquidation is also the store that owes delivery on earlier sales, and customers in that position are left to ask at the counter. The company has not said whether its stores will close together or one by one.

Disputing a card charge for furniture that never arrives

For purchases made on a credit card, the Federal Trade Commission’s consumer guidance treats goods that “weren’t delivered as agreed” as a billing error that can be disputed. The dispute has to be in writing and reach the card issuer’s billing-inquiry address, not the payment address, within 60 days after the first bill showing the error was sent. The issuer must acknowledge the letter within 30 days and resolve the dispute within 90 days.

While a dispute is open, the FTC says the issuer cannot report the disputed amount as delinquent or restrict the account, and the cardholder can withhold payment on that portion while paying the rest. A separate rule lets a cardholder bring a seller problem to the issuer for purchases over $5 made in the home state or within 100 miles of the billing address, after first trying to resolve it with the seller. Those protections are written for credit cards; the FTC page does not address gift cards or cash deposits.

Complaints about a Virginia business can also be filed online with the Virginia Attorney General’s consumer protection office, which runs a hotline at 804-786-2042 from 8:30 a.m. to 5 p.m. on weekdays. With no closing date announced and no word on open orders, the 60-day window is the only fixed deadline in this story, and the FTC says it runs from the first bill that shows the error, not from the day a store locks its doors.

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This article was prepared with AI assistance from cited public sources and reviewed before publication.