Heilig-Meyers
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| Industry | Retail |
|---|---|
| Fate | Bankruptcy |
| Founded | 1913 |
| Defunct | 2000 |
| Headquarters | Richmond, Virginia |
| Products | Furniture, bedding, small appliances, consumer electronics, jewelry, and seasonal goods. |
| Website | None |
Heilig-Meyers was a retail furniture store chain founded in Goldsboro, North Carolina, in 1913 by two Lithuanian immigrants, H. A. Heilig and J. M. Meyers. Its corporate headquarters was in Richmond, Virginia. The chain grew to become the largest furniture retailer in the United States in the 1990s, ultimately having over 1,000 stores nationwide (including Puerto Rico). Its over-expansion—by purchasing over 100 McMahan's Furniture Stores based in Carlsbad, California in 1993, as well as other stores and chains in the West—contributed to its failure. The company also bought a chain in the Chicago, Illinois area. Heilig-Meyers filed for bankruptcy in August 2000 due to its failure to make debt payments. It was also the main sponsor for NASCAR drivers Bobby Hillin, Jr., Dick Trickle and Mike Wallace.
The last CEO/President was Bill DeRusha. Heilig-Meyers was one of the last furniture companies to finance its own accounts.
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