One of the Dallas region’s most well-known names in furniture is closing.

Weir’s Furniture, founded in 1948, has announced it will shutter after all its merchandise is sold, according to an announcement by the company.

The decision came “after exploring all reasonable alternatives and careful evaluation of its long-term financial position, difficult market conditions and operational challenges,” the announcement said.

The board “determined that the company cannot continue operating sustainably,” it said.

The business was founded by J. Ray and Bea Weir with a single storefront in the Knox Street area of Dallas — and then growing to several locations. A closing sale will begin on Thursday, and customers are encouraged to visit local stores while merchandise is available.

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“This was an extremely difficult decision, but closing now enables us to honor J. Ray and Bea’s legacy by finishing well and taking care of our employees,” said Al Boulden, Weir’s chairman of the board, in the statement. “From the very beginning, Weir’s mission has been rooted in honoring God and serving our people.”

The shuttering of Weir’s ends a longtime legacy in the furniture landscape of North Texas — and a stalwart of the Knox Street area. The company’s locations include two in Dallas along with sites in Plano and Southlake.

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