September 13,
2010 by in UnCategorized 
By Home Furnishings Business in economic news on September 14, 2010
The Furniture Buying Index climbed three points in September to a reading of 70, according to
America's Research Group.
The increase moves the index back to July's level of 70.
This is a good sign considering Labor Day was a strong retail sale week, said Britt Beemer, chairman of the consumer research company. Hopefully this will bode well for the rest of September, but retailers must be offering great deals to get consumers to buy. Consumers are still very cautious so hot buys are what will get them back in the store."
The Furniture Buying Index is compiled each month by America's Research Group from interviews with 5,000 to 8,000 consumers across the country. In a typical month, 80 percent of the consumers interviewed can name a specific furniture item they intend to buy. The Index's mark signifies what percent of the benchmark 80 percent actually have a particular item in mind.
September 12,
2010 by in UnCategorized
By Aggregated Content in Case Goods on September 13, 2010
from http://c.moreover.com/click/here.pl?z3147909317&z=1000247453
Marquette Commercial Finance announced that it has provided a $6 million factoring facility to RiversEdge Furniture Company.
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September 12,
2010 by in UnCategorized
By Aggregated Content in Case Goods on September 13, 2010
from http://c.moreover.com/click/here.pl?z3145198934&z=1000247453
Stanley Furniture Co., Inc. (NASDAQ: STLY) filed with the Securities and Exchange Commission for a rights offering in which stockholders will receive transferable rights to purchase additional shares of Stanley Furniture common stock.
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September 12,
2010 by in UnCategorized
By Home Furnishings Business in High Point on September 13, 2010
Upholstered furniture manufacture RC Furniture will make its High Point debut at Fall High Point Furniture Market.
RC Furniture will show at the Oct. 16-21 event in IHFC-W843.
Rene Cazares founded the company in 1984, making furniture one piece at a time, growing into a 60,000-square-foot plant in El Monte, Calif. After 25 years of doing business in the West, Cazares decided to take the company nationwide.
"We believe the High Point market and particularly the IHFC facility is the perfect venue to showcase our product line," Cazares said.
The company offers 1,000 textile options and specializes in high fashion transitional designs. In 2008 RC Furniture also introduced the Moderna line of European styled contemporary furnishings.
September 12,
2010 by in UnCategorized
By Home Furnishings Business in Casual Furniture on September 13, 2010
The International Casual Furnishings Assn. will host a lounge for its member companies during the International Casual Furniture & Accessories Market in Chicago.
The market will be held Sept. 21-24 at the Merchandise Mart. The ICFA Member Lounge is located on the southwest corner of the Merchandise Mart's eighth floor (near the sales office). It will be open 9 a.m.-8 p.m. on Tuesday, Sept. 21; and 9 a.m.-6 p.m. Wednesday and Thursday, Sept. 22-23. On the closing day of the market, Friday, Sep. 24, the lounge will be open 9 a.m.-4 p.m.
ICFA members are invited to stop by the lounge for light refreshments, for networking with other members, or simply for a quick rest stop away from market traffic. Prospective members are also invited to visit the lounge to learn more about the benefits of membership in the ICFA, which is open to manufacturers, retailers, representatives, designers and suppliers.