July 10,
2011 by in UnCategorized 
By Aggregated Content in Acquisition on July 11, 2011
from http://c.moreover.com/click/here.pl?z4943223846&z=1250249032
Berkline/BenchCraft, a provider in the home furnishings industry, has entered into a stalking horse agreement to sell its intellectual property assets to Ashley Furniture Industries for $850,000. The agreement is subject to higher and better offers and Bankruptcy Court approval. Streambank expects that the deadline for additional offers will be set on or around August 5. Streambank also announced it has been retained as the exclusive agent to sell the intellectual property rights relating to the CBGB brand. CBGB was a famous music club located in New York City known as the Home of Underground Rock & Roll Music.
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July 9,
2011 by in UnCategorized
By Aggregated Content in Business Strategy on July 10, 2011
from http://c.moreover.com/click/here.pl?z4939231202&z=1250249027
In a Back Bay building that once housed Shreve, Crump & Low, husband-and-wife entrepreneurs Greg and Dina Selkoe are building an e-commerce company that is already bigger than the upscale jeweler ever was. With about 100 employees in Boston, Karmaloop expects to generate $130 million this year peddling hoodies, sneakers, and shades to the uber-hip. A few blocks to the west is CSN Stores, an online seller of furniture and home décor items that attracted $165 million in funding last month. It has set its sights on becoming the "clear destination for the home'' on the Web, according to
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July 9,
2011 by in UnCategorized
By Aggregated Content in Legal on July 10, 2011
from http://c.moreover.com/click/here.pl?z4939853862&z=1250249032
A furniture company is being investigated after it was revealed that products said to be imported from Italy were made in China.
According to a report by China Central Television, products sold by Shanghai-based DaVinci Furniture Ltd were sent to Italy and then back to China so they could qualify for import certificates. A customer surnamed Tang said she had bought about 40 pieces of furniture from the company, valued at more than 2.8 million yuan (US$700,000). The company said almost all the furniture was imported from Italy, but she found
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July 8,
2011 by in UnCategorized
By Aggregated Content in Furniture Retailing on July 9, 2011
from http://c.moreover.com/click/here.pl?z4938278732&z=1250249029
The owners of Limestone Furniture Mart filed a document Wednesday in Madison County Circuit Court announcing they have filed for bankruptcy. Scott Connell, who remains in Limestone County Jail after being arrested on various theft charges stemming from customer complaints they did not receive furniture they ordered, is listed on the "Suggestion of Bankruptcy" document along with his wife Brandi. The document was filed in reference to a temporary restraining order against the couple by Huntsville attorney JoLayne Hall, who also was a customer who never received furniture. A hearing was set Friday morning to determine whether the
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July 8,
2011 by in UnCategorized
By Aggregated Content in Leather Upholstery on July 9, 2011
from http://c.moreover.com/click/here.pl?z4937316422&z=1250249027
Upscale furniture and home furnishings retailer Natuzzi Italia is opening its first flagship store in Florida this fall at The Galleria luxury shopping center in Fort Lauderdale, Fla.
Natuzzi Italia is set to host the grand opening this September. The store will represent the 52-year-old company's largest gallery in the United States at 8,000 square feet. It will be located on the upper level of The Galleria, above restaurants P.F. Chang's and Seasons 52.
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