Luxury furniture company RH (NYSE:RH), formerly known as Restoration Hardware, is closed for business at its 83 retail locations. ... E-commerce and catalog orders are still an option for consumers, but RH is primarily a physical retail business.

What happened to Restoration Hardware stores?

The former in-line, mall Restoration Hardware store is now being steadily transformed into a free-standing, three-story, bigger than life, beautiful RH retail store, with restaurants, wine bars, coffee shops, and a staffed designer gallery. ... The new stores include a gourmet restaurant, a coffee shop, and a wine bar.

Who is buying Restoration Hardware?

The Oracle of Omaha's Berkshire Hathaway bought more than 1.2 million shares of high-end furniture retailer RH – aka Restoration Hardware – in the third quarter. It's a new position for Berkshire.