Texas-based furniture retailer Louis Shanks is closing its doors after almost 80 years in business. The company announced on Tuesday that it will be shutting down its two remaining stores located in San Antonio and Austin, following a liquidation sale. The sale is set to begin on Thursday, according to a news release.

Louis Shanks Furniture was founded by Louis Shanks in Austin and has been in the family for four generations. Shanks initially opened a store with partner John Stanford in downtown Austin in the 1940s. After five years, their partnership ended, and Shanks then partnered with Henry Meyers to establish the Shanks-Meyers furniture store. In 1954, Shanks bought out Meyers and opened the Louis Shanks Furniture store on Lamar Boulevard in Austin.

Over the years, the business expanded, adding a second store in Austin in 1974, followed by a San Antonio location in 1983. It later expanded to Houston and Sugarland. The company was also recognized by Furniture Today as one of the Top 100 U.S. Furniture Retailers, ranking at number 77 in 1996 and 69 in 1998.

The two remaining locations for Louis Shanks Furniture are the flagship store in Austin at 2930 W. Anderson Lane and the sister store in San Antonio at Interstate 10 and Huebner. Together, these stores offer a total of 200,000 square feet of merchandise, which will be sold during the liquidation sale. Once the sale is completed and all merchandise and inventory are liquidated, the stores will be permanently closed, as stated in the release.