What Happened to Home Decorators Collection?
Home Decorators Collection was a popular home décor retailer that closed all of its stores in 2018. The company had been struggling for several years, and the closures were the result of a number of factors, including the rise of online shopping, the decline of the home improvement market, and the company's own financial problems.
The company was founded in 1979 and was originally known as Home Decorators Warehouse. It was one of the first home décor retailers to offer a wide variety of home décor products at affordable prices. The company was successful for many years, but it began to struggle in the early 2000s as the home improvement market declined. The company also faced competition from online retailers such as Amazon.com.
In 2006, Home Decorators Warehouse was acquired by Lowe's Companies, Inc. Lowe's attempted to revive the company, but it was unsuccessful. In 2018, Lowe's announced that it would be closing all of the Home Decorators Collection stores. The closures affected approximately 7,000 employees.
The closure of Home Decorators Collection was a significant event in the home décor industry. The company was one of the largest home décor retailers in the United States, and its closure left a void in the market. The closure also had a negative impact on the employees of the company and the communities where the stores were located.
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