A discount luxury furniture retailer is winding down its Atlanta location as its parent company retreats back to its home turf.

Haynes Furniture Co. told its vendors this week that it planned to shutter The Dump in Atlanta and five other U.S. locations after an “extensive evaluation of strategic alternatives,” CEO Brian Woods said in a letter obtained by Furniture Today.

“This was not a decision made lightly. After carefully considering every reasonable alternative, we concluded that this was the right business decision,” Woods said in the letter, according to Furniture Today.

The other five locations are in Tempe, Arizona; Deerfield and Lombard, Illinois; and Dallas and Irving, Texas. Its two locations in Virginia are slated to remain in operation, according to Furniture Today. 

Haynes did not offer more detail on why it was shuttering the locations. It also didn’t say when it planned to close The Dump’s Atlanta location at 815 Sidney Marcus Blvd., a 141K SF retail property owned by Home Depot. Spokespeople for Haynes and Home Depot didn’t respond to requests for comment in time for publication.

But home furnishings and retail experts say The Dump likely faced a plethora of headwinds affecting the home furnishings industry, including shifting tariff policies, elevated interest rates keeping people from buying homes and an onslaught of competition from online purveyors.

Michael Madden, founder of data intelligence company Four Lights Analytics, which publishes Store Closure Watch, said the reason is likely the same factors that led furnishings chain American Signature to liquidate about 90 of its remaining stores earlier this year following its 2025 bankruptcy.

“It blamed one of the most severe housing market declines in recent history,” Madden told Bisnow via LinkedIn. “Furniture sales tend to follow home sales, and so I would guess that’s the backdrop for The Dump closing locations.”

Surging mortgage rates have hampered home buying as existing home sales fell by 1.2% to 4 million units year-over-year in August, according to the National Association of Realtors, the first time home sales fell below that threshold since June 2025. The average 30-year mortgage rate year-over-year moved from 6% to 6.7% in September, according to the Federal Reserve Bank of St. Louis.

“Interest rates are a big deal because nobody is really moving,” said Laura Carlson, owner of furniture retailing consulting firm Haywire Consulting. 

And tariffs have complicated home furnishings retailers’ business as well, especially after President Donald Trump levied increased rates on select imports from Canada. The result pushed soft lumber prices to a four-year high, The Wall Street Journal reported. 

Alcove Commercial founder Laura King said brick-and-mortar retailers also are feeling an impact from online competition — not only from the likes of Wayfair or Ikea but also from TikTok, Amazon and Shein.

“We are able to furnish an entire house from sitting in our home. And we’re able to have it delivered to our house for a relatively small delivery fee,” King said. “That’s a much better experience for people than going to The Dump.”

The combination of online retailing and tariffs is especially hurting mass-market furnishings retailers, Carlson said. A dozen furniture and mattress retailers and makers have filed for bankruptcy so far in 2026, Furniture Today found, with brands like Circle Furniture and Country Willow liquidating completely. 

And after 40 years in business, Georgia Furniture Mart announced in July that it would shutter its two metro locations.

“The middleman is just kind of going away. I don’t think that’s going to change,” Carlson said. “They’re either going to have to do more online and shrink their showrooms down … or go away. And tariffs really don't help the equation either.”