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High-end Lexington retailer closing after more than a decade on Nicholasville Road

Can retail be rescued? Why so many U.S. stores are closing

Stores that have been staples of the American shopping tradition for decades are closing in large numbers. Take a closer look at the reasons why it’s so hard for retailers to stay open.
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Stores that have been staples of the American shopping tradition for decades are closing in large numbers. Take a closer look at the reasons why it’s so hard for retailers to stay open.

A Lexington furniture retailer is going out of business. Signature Furniture announced that the high-end store will close.

Owners Richard and Margaret Burke said in a news release that the are retiring after 30 years “to spend quality time together sailing and enjoying the outdoors.”

The Burkes opened Signature Furniture at 2191 Nicholasville Road 11 years ago.

The showroom featured luxury furniture brands including American Drew, Bassett, Centure, Durham, Flexsteel, Craftmaster, Howard Miller, Lexington, Miles Talbot, Rowe, Fairfield and Zimmerman, as well as handmade rugs.

The store will begin a liquidation sale that will be open to the public on Thursday, with discounts up to 65 percent, according to the release.

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