Walter E. Smithe is a furniture company based in Itasca, Illinois.

The company makes, sells, and repairs furniture, specializing in custom upholstery, and operates ten showrooms throughout the Chicago metropolitan area.

The company began in 1945 as Tone Appliances and Furniture, a single store on Belmont Avenue in Chicago.

Walter E. Smithe and Bill Shanahan founded the store anticipating a booming economy in the wake of World War II.

Walter E. Smithe, Jr. joined the business in the 1960s with his brothers Gary and Tomm, and began phasing out appliances to focus on custom upholstery.