Wolf Furniture
TypePrivate
IndustryFurniture retail
FoundedAltoona, Pennsylvania
1902 (1902)
Defunct2020 (2020)
Key people
Charles Wolf (Founder)
ProductsFurniture
Websitewww.wolffurniture.com (offline)

Wolf Furniture was a furniture retailer operating eighteen showrooms throughout Pennsylvania, Maryland, and Virginia under the Wolf Furniture and Gardiner Wolf Furniture store names.

History

The company, originally City Furniture Company, was founded in 1902 by Charles Wolf and John Fox in downtown Altoona, Pennsylvania. In 1915, Wolf bought out Fox's interests, constructed a new five story building in Altoona, Pennsylvania,[1][2] and renamed the business Wolf Furniture Company. At that time, it was the largest furniture store between Pittsburgh and Harrisburg, Pennsylvania.

After Wolf's death in 1918, sons George and Herbert opened ten locations in and around Altoona. By 1992, the chain had grown to eighteen stores in Pennsylvania, Maryland and West Virginia. That year, the company decided to sell off fourteen of its stores to Heilig-Meyers Furniture.[3] The Wolf chain, however, would eventually expand again including returning to locations held prior to the Heilig-Meyers sale. In 2000, Doug Wolf became the 8th president of Wolf Furniture Company. By 2003, the company volume exceeded $70,000,000, qualifying Wolf Furniture for a spot in the Top 100 among U.S. home furnishing retailers.[4] The company expanded to include twelve locations in three states. The newest showroom was opened in Leesburg, Virginia in 2012.[5] In 2013, long time Wolf executive Gene Stoltz was promoted to President of Wolf Furniture Company.[6]

In 2014, Paula Deen visited the Hagerstown showroom for a meet and greet with over 1,500 fans in promotion of her Universal Furniture collection, Paula Deen Home Furniture.[7][8] In 2015, Wolf Furniture purchased the 73-year-old Maryland-based Gardiners Furniture chain and rebranded the stores Gardiner Wolf. This acquisition brought the number of Wolf-owned stores to eighteen.[9] In 2017, Wolf Furniture was acquired by Art Van Furniture. Under the agreement, the Wolf company maintained its name and all current management and staff.[10]

In 2020, Art Van Furniture filed for Chapter 11 bankruptcy with plans to liquidate all company-owned stores.[11] Two of the former Wolf stores in central Pennsylvania were acquired by Levin Furniture in 2020 and re-opened under the Levin name in 2021.

References

  1. ↑ Pulling, Anne Frances (2001). Altoona. Arcadia Publishing. p. 52. ISBN 9780738505169.
  2. ↑ Riley, Wallace A. (1986). A History of the Wolf Furniture Company: From 1902 to 1970.
  3. ↑ "Heilig-Meyers Company History". Funding Universe.
  4. ↑ "Business Briefs". Herald Mail. July 10, 2005.
  5. ↑ Engel, Clint (September 24, 2012). "Wolf Furniture grand opening in Virginia features more step-up lines". Furniture Today.
  6. ↑ Russell, Thomas (January 18, 2013). "Wolf Furniture promotes Gene Stoltz to president". Furniture Today.
  7. ↑ Basu, Kaustuv (May 3, 2014). "Paula Deen's fans turn out in force for publicity event at Hagerstown Premium Outlets". Herald Mail.
  8. ↑ Deen, Paula (May 3, 2014). "Tweet by @Paula_Deen". Twitter.
  9. ↑ Engel, Clint (March 23, 2015). "Wolf Furniture to acquire five-store Gardiners". Furniture Today.
  10. ↑ Engel, Clint (November 27, 2017). "Art Van buys Levin and Wolf". Furniture Today.
  11. ↑ Engel, Clint (March 5, 2020). "Art Van liquidating all stores". Furniture Today.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.