HIGH POINT, N.C. — A High Point furniture company


that announced last year that it was closing its doors for good has decided to stay open.

In October, Rose Furniture announced it was closing, and about 150 of 250 employees were laid off or resigned. On Monday, the company told the remaining workers they’d be keeping their jobs.

Those remaining workers had spent the last several months overseeing a massive going-out-of-business sale in hopes of unloading all unsold inventory.

Company President Buck Kester said the success of the closeout sales enabled Rose Furniture to keep its doors open long enough to come up with a new business model and some new investors.

When Rose Furniture announced it was going out of business, there were issues with customers losing their deposits on furniture orders. Kester said Tuesday those customers will get a letter in the next month or two letting them know their money will be refunded.