The Dump Luxe Furniture Outlets to Close Permanently; Going-Out-of-Business Sale Begins Thursday, October 8

After more than 21 years of serving shoppers, The Dump celebrates its final chapter with a major liquidation event in partnership with SB360 Capital Partners.

VIRGINIA BEACH, Va., Oct. 8, 2026 /PRNewswire/ -- The Dump Luxe Furniture Outlets announced that a going-out-of-business sale is underway starting today as the stores prepare to close permanently.

Since opening in March 2005, The Dump has served millions of shoppers seeking famous-brand furniture, mattresses, and fine handmade rugs at substantial savings. Its approach brought together luxury closeouts, overstocks, canceled orders, and designer samples, offering first-quality merchandise at documented discounts of 40% to 80% off established prices.

The Dump built a loyal following among interior designers, decorators and shoppers looking for exceptional brands without unnecessary frills or markups.

"We've always believed a great deal should stand up to scrutiny. Our team researches and documents selling prices at other stores to make sure our discounts are real," said E.J. Strelitz, founder of The Dump and a third-generation member of a furniture-industry family. "But our success has always come down to the grit and smarts of our colleagues and the best customers any store could hope to serve."

The closing marks a new chapter for Strelitz and his team.

"It's been a great run, and we've poured our hearts into this business," Strelitz continued. "Many of us are ready to retire and find joy in a new chapter, while others look forward to bigger and better opportunities. We are deeply grateful to our customers, colleagues and brand partners, and we wish a bright future for our competitors, the home furnishings industry and the great people in the communities we've served."

The final sale will feature $100 million in retail-value merchandise, including new, brand-name furniture, mattresses and fine handmade rugs. The Dump is teaming with SB360 Capital Partners, one of the country's leading asset disposition and advisory firms, to conduct the going-out-of-business event and make the final sale one to remember.

"This is a celebration of our customers and everything we've built together," said Strelitz. "We're marking our retirement by giving shoppers one final opportunity to buy the luxury brands they love at extraordinary savings."

For shoppers in every community The Dump has served, it is one last chance to answer the familiar call: "To The Dump, to The Dump, to The Dump, Dump, Dump!"

"The Dump has always been a destination for shoppers who know quality and luxury furniture and refuse to pay full price for it," said Aaron Miller, President of SB360 Capital Partners. "This sale takes that value proposition even further. Every store is stocked with a vast selection of brand-new pieces from the names discerning customers seek out, from case goods and upholstery to mattresses, rugs, and more. With fresh new inventory and discounts this significant, it's a rare chance to furnish an entire home with luxury brands at a fraction of retail."

About The Dump Luxe Furniture Outlet – The Dump is an off-price outlet specializing in brand new, first-quality furniture, mattresses, and fine handmade rugs. Built for people who would rather shop smart than pay full price, the company sources luxury closeouts, overstocks, canceled orders, and one-of-a-kind design samples from leading manufacturers and designers. Its low-overhead approach passes savings directly to customers, with documented discounts of 40% to 80% off established retail prices. For more than 21 years, The Dump has served millions of shoppers, interior designers, and decorators. The philosophy is simple: customers should pay for great furniture, not the retail runaround. www.thedump.com

About SB360 Capital Partners – SB360 Capital Partners (sb360.com) is one of North America's leading firms providing advisory, asset realization, and restructuring services across retail and consumer industries. SB360 invests equity capital to support growth opportunities, fund business turnarounds, and provide liquidity to businesses navigating change. The firm encompasses business groups involved in advisory services, asset disposition, luxury diamond and jewelry assets, new store sets, and commercial real estate advisory and investment. SB360's lending arm, Second Avenue Capital Partners, provides asset-based loans for middle-market companies. SB360's principals hold extensive financial interests in internationally recognized retail and wholesale companies, consumer brands, financial service operations, and commercial, residential and industrial real estate properties.

SOURCE SB360 Capital Partners LLC