59. Ruby-Gordon Home

How Many Stores Closing: 2

Current Value of the Business: N/A liquidated

A staple in Rochester for over 90 years, Ruby Gordon Home is closing permanently following a bankruptcy liquidation sale. Owner Aaron Ruby cited severe cash flow problems due to a nationwide dip in furniture sales after seeking Chapter 11 protection.

Despite attempts to reinvent its business model amidst economic challenges, Ruby Gordon Home couldn’t overcome its financial struggles. Issues with fulfilling customer orders and processing refunds have emerged, with Aaron Ruby voicing regret and a commitment to assist customers through the liquidation.