A popular furniture store chain with six locations in our area has announced that they’ll be going out of business.

Mealey’s Furniture, which has been open for more than 50 years, will reportedly close all of their stores in Pennsylvania and New Jersey.

The chain announced that liquidation sales had begun at all eight of their retail locations. In our area, Mealey’s operates stores in Bensalem, Oxford Valley, Moorestown, Warminster, and Philadelphia. They also operate a bargain warehouse Morrisville, which is open one weekend a month.

The company was founded in 1970 by Jerry Mealey. Mealey's had been held by a private equity firm in recent years before being acquired by the Maryland-based furniture retailer, Regency, in the fall of 2016, according to a report from FurnitureToday.com. 

We have reached out to both Mealey’s Furniture and Regency for additional comment, but the company has begun an aggressive marketing campaign for their going out of business sales. In the commercials, the company says that all of their locations will be “closing forever.”

It was not immediately clear when the stores will be closing or what went into the business decision. If we hear back from the company's spokesperson, we will update our story.

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