Freed’s Furniture today announced it will go out of business with the retirement of owner Howard Freed.
The fourth-generation home furnishings retailer has served the Dallas-Fort Worth metroplex for 80 years. Beginning Nov. 8, Freed’s will liquidate its entire inventory from its warehouse and two store locations in Dallas and Plano, TX.
Sales and liquidation specialist Planned Furniture Promotions will handle the sale.
“It’s been our honor and pleasure to serve our customers for four generations, and we’re very proud that Freed’s has been a part of so many homes and families,” said owners Debbie and Howard Freed.
A former Top 100 U.S. furniture retailer, Freed’s Furniture was founded in 1938 by Howard’s grandfather, Dave Freed, a Russian immigrant and cabinet builder by trade. The company was first known as National Furniture Supply because that was the name on the building Dave Freed leased on Deep Ellum in 1938, and he could not afford to replace it. Dave, and his wife, Eva, had four children, Bernard, Pearl, Joe and Sol, who (along with Pearl’s husband, Aaron Klausner) all joined their parents in the furniture business and eventually changed the name to Freed Furniture Company, Inc.
Most of the grandchildren worked in the family business through the years, but it was Joe and Eileen’s son, Howard, along with his wife, Debbie, who took over and re-invented the company in 1991 with the slogan “You Can Afford Your Dreams,” which has represented the vision of the family business for nearly 30 years.
Debbie and Howard’s son, Clay Freed, joined the company in 2005 and represents the fourth generation of the family business. With the store’s closing, Clay will follow his passion and pursue a career in real estate.