Grayson’s Living Ideas goes under

Did anyone else hear about this?

Columbus Business First wrote

Grayson’s Living Ideas Inc. has until March 26 to move from of its highly touted showroom in the Arena District.

The Franklin County Sheriff served an eviction notice to Grayson’s on March 20, giving the home improvement business a week to leave the space. Waterside Machine Co. II LLC, a subsidiary of the Wittmann Co. and the owner of the building, had sued Grayson’s in February. According to records from the Clerk of Court’s office, Grayson’s never responded to the suit.

Grayson’s CEO Gary Gray, however, told the company’s business partners and exhibitors in a March 22 letter that Grayson’s was planning to file for bankruptcy protection. He blamed a difficult residential construction market over the last year for the business’ failure.

“It is with great sadness that the board of directors of (Grayson’s), after a long period of study and deliberation, has to inform you that our professional advisers have determined that (Grayson’s) must file for bankruptcy,” Gray wrote.

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