A “store closing” event took place in September among the 25 locations in 14 states. A prominent asset realization firm, SB360 Capital Partners, has acquired Heritage Home Group and the remaining inventory of Thomasville & Co. In 1986, Drexel Heritage became a branch of Masco Corporation, which became one of the country's biggest furniture manufacturers by the late 1980s.Īs of September 2018, Broyhill Furniture has closed its doors. In 1977 Drexel Heritage was sold to investment bank Dominick International Corporation and retail sales increased drastically. Weve found stuff we liked at Macys and Havertys, but it seemed to be furniture that wouldnt last for years and years. Our search for a bedroom suite has been a massive fail. From IKEA to Havertys, Ethan Allen to Restoration Hardware, to even Target and Pier 1. It also has purchased the intellectual property of Broyhill, but has sold those assets to an unnamed U.S.-based retailer.įurthermore, is Heritage Home Group still in business? Heritage Home Group LLC, formed to purchase most assets of the defunct Furniture Brands International, was a High Point, North Carolina-based home furnishings company.Īlso know, what happened to Drexel Heritage? 6 reviews of Drexel Heritage 'I have been EVERYWHERE in Atlanta looking for furniture. NEW YORK – Authentic Brands Group announced Tuesday that it has completed the purchase of the Thomasville, Henredon and Drexel Brands from Heritage Home Group LLC. drexel was and is probably along the lines of henredon or thomasville in terms of manufacturing - but not up to the quality of baker, stickley or other 'heirloom quality' furniture makers (i.e., its fair to say that its a step above ethan allen and a huge leap beyond most of the stuff youll find in department stores, etc. In major news for the American home furnishings industry, Furniture Today has reported that Heritage Home Group, parent company to such iconic brands as Henredon, Hickory Chair, Maitland-Smith, and Pearson, has filed for Chapter 11 bankruptcy.Īlso, is Drexel Furniture still in business? Heritage Home Group Files for Bankruptcy.