Goldsmith received bankruptcy court approval to close 20 of its 109 stores. Great American Group has retained as a consultant to advise on the liquidation efforts.

The stores being closed are in Minnetonka, MN; Plano, TX; Duluth, GA; Scottsdale, AZ; Carle Place, NY; Birmingham, AL; Tucson, AZ; Aurora, IL; Palm Desert, CA; Sterling, VA; Woodbridge, VA; Fairfax, VA; Bellingham, MA; Northborough, MA; New York, NY; Cerritos, CA; Houston, TX; Chicago, IL; Pembroke Pines, FL; and Myrtle Beach, SC.