August 14,
2012 by in UnCategorized 
By Aggregated Content in on August 15, 2012
from https://newsdesk4.moreover.com/click/?p=Qy83MDQzMzIxMjM0Jm49TkFQQ08&a=MTEyOTEwNzAxMzQ&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=QXVzdGluIEJ1c2luZXNzIEpvdXJuYWw&d=1989&t=1
The operator of Motif Modern Furniture and Motif Furniture Outlet has filed for Chapter 7 bankruptcy protection.
Kyle-based Dragon Fish LLC reported liabilities of nearly $2.2 million and assets of $210,500, according to a Tuesday filing in for the...
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August 13,
2012 by in UnCategorized
By Aggregated Content in economic news on August 14, 2012
from http://www.wdbj7.com/news/nationworld/sns-rt-us-economybre87d0gk-20120814,0,1445300.story
Retail sales rose in July for the first time in four months as demand rose broadly for everything from cars to electronics, a sign that consumers could drive faster economic growth in the third quarter.
Retail sales rose 0.8 percent last month, the Commerce Department said on Tuesday.
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August 13,
2012 by in UnCategorized
By Aggregated Content in Bankruptcy on August 14, 2012
from http://www2.journalnow.com/business/2012/aug/10/1/motion-filed-to-convert-linwood-furniture-to-chapt-ar-2509253/
A U.S. Bankruptcy Court administrator has filed a motion to convert Linwood Furniture LLC into a Chapter 7 case and sell its assets.
The filing by Michael West says that Linwood "is not in a position to continue operations and is not conducting any ongoing business."
"The conversion of this case is in the best interests of creditors and the estate." West was not available for immediate comment. Judge Catharine Aron has set a hearing for 2 p.m. Sept. 5 at the court in Winston-Salem.
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August 13,
2012 by in UnCategorized
By Home Furnishings Business in Executive Changes on August 14, 2012
Rick Stroud has joined as Furniture Brands International (NYSE: FBN) division Thomasville Furniture as vice president of sales.
Stroud is responsible for leading the Thomasville gallery sales organization and will oversee the management of all Thomasville retail gallery accounts. He reports to Thomasville and Drexel Heritage Furniture President Ed Teplitz.
Stroud most recently served as national sales manager for Hekman Furniture. Prior to that, he held various positions in furniture sales management with Futura Leather, Progressive Furniture, Silver Furniture and Royal Patina. Stroud also was the president and owner of SOS Inc., a product sourcing company.
We are pleased to add Rick to the Thomasville team, Teplitz said. Ricks leadership skills and passion for the business, combined with the strength of the Thomasville brand, will be beneficial to us and to the retailers we serve.
August 13,
2012 by in UnCategorized
By Home Furnishings Business in Green on August 14, 2012
The nomination deadline for the American Home Furnishings Alliance Sage Award is three weeks away.
The Sage Award recognizes environmental excellence in the home furnishings and bedding industries. The program is open to all manufacturers, retailers and suppliers.
The deadline for entries is midnight (Eastern Time) on Friday, August 31. The 2012 entry form can be found here. Entries are submitted electronically.
Now in its fifth year, the Sage Award program was designed to recognize companies that have not only reduced the environmental impact of their operations but have also established a pathway of continual environmental improvement.
The 2012 winner and up to two finalists will be announced during the October 13-18 High Point Furniture Market. The winner will be featured in a spotlight video designed to capture the spirit of their unique efforts to balance people, planet and profits.
The 2012 winner and finalists will be honored at the home furnishings industrys 2013 Sustainability Summit, Feb. 20-21 in Charlotte, N.C., sponsored by the American Home Furnishings Alliance.
Sage Award entrants are asked to complete a detailed questionnaire that explains their sustainable business practices and environmental accomplishments. The questionnaire also asks applicants to provide specific examples of corporate social responsibility and requests information that demonstrates that the company is financially secure.
The Sage Award provides an excellent opportunity for companies to receive well-deserved recognition for successful environmental initiatives, said Patricia Bowling, vice president of communications for AHFA. Implementing sustainable practices throughout a home furnishings or bedding company is never a one-man or one-woman show, Bowling notes. It takes commitment, involvement, enthusiasm and persistence at every level, and winning the Sage Award is a great way for your entire workforce to be acknowledged for their efforts.
Companies do not need to be members of AHFA to enter the Sage Awards.