A few months ago, the landlord at Nancy Newcomb’s furniture store told her the building would soon be sold, leaving her to make yet another major decision.
Over 25 years, Newcomb reinvented the St. Louis Park business, Odds & Ends Furniture, again and again to stay afloat. She sorted through changes in manufacturing, the rise of digital retailing and arrival of new competition.
The pandemic sparked a boomlet in furniture sales as people who were forced to stay at home feathered their nests. But consumers turned a corner, and then inflation hit.
“Furniture sales are slowing down but prices are going up,” Newcomb said. “So the furniture business is in a tough place right now.”
And there was something else.
“I’m 70 years old,” she said. “So it’s time to retire.”
The store, at 5108 Cedar Lake Road, is winding down. A closeout sale is on and the final day