U.S. consumers opened up their purses in March to push the country to record the largest increase in more than four and a half years.
Home furnishings retailer Pier 1 (NYSE: PIR) has amended a $350 million revolving credit line and closed a previously announced $200 million, seven-year loan.
Stanley Furniture (NASDAQ: STLY) reported a net loss of $4.4 million for the first quarter ended March 29.
The board of directors for Natuzzi (NYSE: NTZ) has reconfirmed Pasquale Natuzzi as CEO of the company bearing his name.
Lighting supplier and occasional furniture vendor LumiSource has revamped its Web site with several new features.
Luxury furniture manufacturer Kindel Furniture Co. has signed a purchase agreement to acquire the assets, intellectual property and operations of Evansville, Ind.-based Karges Furniture, a 128-year-old producer of luxury hand-made furniture.
Heritage Home, formerly Furniture Brands International, is closing its St. Louis headquarters and moving to North Carolina, the St. Louis Business Journal reported today.