Ruby-Gordon, Inc., a Henrietta-based furniture retailer founded in 1947 by Frank Ruby and Ted Gordon, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court Western District of New York.
Court paperwork dated Nov. 20 shows Ruby-Gordon with an estimated $1,000,001 to $10 million in assets with $1,000,001 to $10 million in liabilities to an estimated 100 to 199 creditors.
It also states that the company has contracted with Planned Furniture Promotions, Inc. to conduct a liquidation of assets.
Third-generation president and owner Aaron Ruby did not immediately respond to questions about what led to the filing or what the path forward might be.
In an interview with furnituretoday.com published Nov. 22, he cited pandemic-related pressures and the sudden closure in August of North Carolina-based supplier Klaussner Home Furnishings as major factors. “We’re hoping that Chapter 11 gives us a chance at having a future, we’re just not certain exactly what that will look like,” Ruby told reporter Thomas Lester.
Over the summer, Ruby told the Democrat and Chronicle that, in response to upheaval caused by the pandemic, Ruby-Gordon was changing the format of its two remaining stores, at 3737 West Henrietta Road, Henrietta, and 140 Greece Ridge Center Drive, at The Mall at Greece Ridge.
The plan was to turn the Henrietta store into a custom design center and the Greece location into an outlet store.
The Henrietta store remains open. As the Chapter 11 filing notes, the Greece store is closed. It isn’t clear when or if it will reopen.
Ruby-Gordon’s roots in Rochester NY
Ruby-Gordon’s Rochester roots date back to 1936, when New York City native Frank Ruby moved here and opened Ruby Furniture on