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Arteriors, Designer Barry Dixon Collaborate on Collection

By Home Furnishings Business in on December 28, 2012

Home furnishings vendor Arteriors will introduce its third designer collaboration, Barry Dixon Collection by Arteriors, at the winter Las Vegas Furniture Market.

The collection, created with interior designer and author Barry Dixon, reflects a Southern sensibility mixed with a distinctly global aesthetic. Dixon will be in the Arteriors showroom at Las Vegas Market on Monday, Jan. 28, 11 a.m.-2 p.m. for a champagne reception.
 
€œBarry has an original aesthetic that has earned him a reputation as a beloved design icon,€ said Mark Moussa, CEO and founder of Arteriors.  €œOur team is committed to bringing Barry€™s vision to the marketplace by offering timeless products with lasting value.€
 
Influenced by Dixon€™s love of travel, the Barry Dixon Collection replicates and reinterprets geographically and culturally diverse items such as remnants of country ruins in Mississippi, 19th century Chinese woodcarvings, and introduces classically designed pieces with a modern twist.

Arteriors' 4,500-square-foot space (WMC-B360) will showcase more than 800 items from Arteriors, as well as Mottega by Arteriors, a customizable lamp program. Interior Designer and Mottega Color Consultant Eileen Kathryn Boyd also will be at the showroom and will give a presentation on Tuesday, Jan. 29, 1-3 p.m.

FBI Receives Notice On NYSE Listing Standard

By Home Furnishings Business in Financial Reports on December 27, 2012

Furniture Brands International (NYSE: FBN) last week received a continued listing standards notice from the New York Stock Exchange because the price of its common stock fell below the NYSE€™s minimum share price rule.

The NYSE requires the average closing price of a listed company€™s common stock to be at least $1.00 per share over a consecutive 30 trading-day period.

Subject to NYSE rules, the company has six months from receipt of the notice to regain compliance with the NYSE€™s price criteria (or by no later than the company€™s next annual meeting of shareholders if shareholder approval is required, as would be the case to effectuate a reverse stock split).

FBI can regain compliance at any time during the six-month cure period if on the last trading day of a calendar month during the cure period, the company has a closing share price of at least $1 and an average closing share price of at least $1 over the 30 trading-day period ending on the last trading-day of that month or on the last day of the cure period.

The NYSE notification does not affect the company€™s business operations or its Securities and Exchange Commission reporting requirements, and does not conflict with any of the Company€™s credit agreements or other debt obligations.

The company€™s common stock continues to trade on the NYSE, and the company is currently in compliance with all other NYSE listing rules. FBI expects to notify the NYSE of its intention to regain compliance with the NYSE€™s price criteria, including by effecting a reverse stock split if necessary. Any reverse stock split would be subject to the approval of the company€™s Board of Directors and shareholders.

Lurye's Furniture in Superior closing after 114 years

By Aggregated Content in on December 27, 2012 from https://newsdesk4.moreover.com/click/?p=Qy83ODYyNzgzNTcxJm49TkFQQ08&a=MTI4OTk4MDE1OTY&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=RHVsdXRoIE5ld3MgVHJpYnVuZQ&d=1989&t=1 Lurye€™s Furniture, a fixture among Superior€™s downtown shops for 114 years, is going out of business. The company announced the closing and a going-out-of-business sale on Wednesday. The store was started in 1898 by Harry Lurye and his sons, Maurice...

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Nebraska Furniture Mart's Texas Expansion Equals Growth at Home

By Aggregated Content in Furniture Retailing on December 27, 2012 from https://newsdesk4.moreover.com/click/?p=Qy83ODYyMjg5NzU1Jm49TkFQQ08&a=MTI4OTgzNzIxMTE&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=T21haGEgV29ybGQtSGVyYWxk&d=1989&t=1 Nebraska Furniture Mart's expansion into Texas means growth in Omaha, too.

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Fire at Delaware Furniture Store

By Aggregated Content in Furniture Retailing on December 27, 2012 from https://newsdesk4.moreover.com/click/?p=Qy83ODYyMTM1Mjg5Jm49TkFQQ08&a=MTI4OTc4ODc5OTQ&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=RGVsYXdhcmUgT25saW5l&d=1989&t=1

A fire struck Warren Furniture in Milford, Del., Wednesday.

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