Walter E. Smithe is a furniture company based in Itasca, Illinois. The company makes, sells, and repairs furniture, specializing in custom upholstery, and operates eleven showroomsthroughout the Chicago metropolitan area. It was founded by Walter E. Smithe and Bill Shanahan in 1945 and is currently run by Smithe's three grandchildren: Walter E. Smithe III, Timothy Smithe, and Mark Smithe. The Smithe brothers have been described as "Chicago's most recognizable furniture purveyors", due to their ubiquitous television commercials starring themselves.

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. The two renamed the store Smithe and Shanahan, but Bill Shanahan eventually sold his share to Smithe's brother Charlie.

Walter E. Smithe, Jr. joined the business in the 1960s, and began phasing out appliances to focus on custom upholstery. His sons, Walter, Timothy, and Mark, joined the company in the 1970s and 1980s.Today, the company has eleven showrooms in Illinois and Indiana and is listed by Furniture Today as one of the top one hundred furniture retailers in the United States.