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After 14 years in business, the owner of the Lower East Side's home furnishing store Sheherazade has decided to close his doors for good at the end of April. Rachid Ouassil told The Lo-Down that "it's not worth it anymore. It's not profitable."
While the area may now be known for its plethora of bars and luxe hotel projects, Orchard Street was once home to several fabric shops that attracted interior designers, making the location a natural fit for Sheherazade. But as those have disappeared, so has business—Ouassil told the site that very few retail customers come by the store, and most visitors are just browsing.
But it may not be the end for Sheherazade, as Ouassil is considering locations on the Upper West Side or Chelsea—"some area with good traffic and where they love this aesthetic" of Middle Eastern and East Asian furniture. The store is having a clearance sale over the next several weeks.
· Sheherazade Home Furnishings Is Closing Next Month [The Lo-Down]
· New York City's 38 Best Home Goods and Furniture Stores [Racked NY]