KPS Capital Partners is the winning bidder in the auction to acquire Furniture Brands
International's (OTC: FBNIQ) assets.
The federal government will be taking over $270 million of the pension obligations of Furniture Brands International.
The governor of California has approved the state's new flammability standards for upholstery.
San Diego-based Jerome's Furniture moved into the Los Angeles market with its ninth store Thursday.
Ashley Furniture Homestore is set to open its first location in Manchester, Conn.
Bedding vendor Dormeo Octaspring has selected Internet Marketing Inc. to help it boost digital marketing efforts in the United States, including Web site design and online advertising.