FOR IMMEDIATE RELEASE
Louis Shanks Furniture legacy ends after 78 years as last two stores close forever
Former top 100 US furniture retailer going out of business
AUSTIN, Texas (Sept. 19, 2023) — An iconic retail brand throughout Texas and once ranked among the top 100 furniture stores in the U.S., Louis Shanks Furniture announced it is going out of business after almost eight decades and closing its remaining two stores, the flagship Austin location and its sister store in San Antonio.
Louis Shanks Furniture has been family-owned and operated for four generations. The family will close both locations once the total liquidation of merchandise and inventory for the two stores is completed. The going out of business sale begins September 21 in Austin at 2930 W. Anderson Lane, and in San Antonio at 11035 IH10 West at Huebner.
Known for high-end furniture brands, quality selection and unparalleled service, the Louis Shanks liquidation sale features the nation’s finest home furnishings brands at heavily discounted prices across the two stores, totaling 200,000 square feet of merchandise. Also marked for immediate liquidation are hundreds of lamps and decorative accessories. Famous name brands include Vanguard, Theodore Alexander, Tempur-Pedic, Sherrill, Lexington, Hancock and Moore, John Richards, Century, Hekman, Hooker, Caracole, Bernhardt and more.
Louis Shanks got his start in the furniture industry as a factory representative for Kroehler Manufacturing Company. His retail journey began when he moved his young family to Austin in 1945 and partnered with John Stanford to open the Fourth and Congress store in downtown Austin. Five years later, that partnership dissolved, and he founded Shanks-Meyers with new business partner Harry Meyers.
A brilliant entrepreneur, Shanks bought out Myers in 1954 to become Louis Shanks Furniture on Lamar Boulevard. A growing market led to continuous expansions that began with converting the historic Hitchin’ Post Restaurant into additional showroom space in 1960; a second store on Anderson Lane in 1974; and entry into the San Antonio market in 1983.
In 1995, new locations opened in Houston and Sugarland, paving the way for Louis Shanks to debut in the industry’s Top 100 U.S. Furniture Retailer ranking at number 77 in 1996 and rising to number 69 just two years later. The retailer has been recognized by customers and the industry for its fine furniture selection and impeccably vignetted showrooms.
Four generations of the Shanks family have contributed to the longevity of Louis Shanks Furniture and maintained the ideals that Mr. Shanks founded the stores with almost 80 years ago.
For more information on their greatest and final sale, contact Mike Forwood at (512) 431-6928 or visit the website at https://www.louisshanksfurniture.com/