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Management Group, Others Made Offers for Stanley Before Recent Sale

Stanley Furniture, which last month agreed to sell substantially all of its assets to the chairman of the Vietnam Trade Alliance for $16.1 million, had at least four other offers to buy the company, according to documents filed this week with the Securities and Exchange Commission.

Consumer Confidence Index Dips Slightly in December

After reaching a 17-year high in November, the widely-followed Consumer Confidence Index fell to 122.1 in November, according to the Conference Board.

GhostBed Launches Bitcoin Payment Processing

Online mattress retailer GhostBed said it has begun accepting payments with Bitcoin, becoming the first mattress retailer to accept the cryptocurrency.

Bassett Adds Four Motion Upholstery Galleries

Bassett Furniture Inds. (NASDAQ: BSET) said it has opened four additional galleries for its new Club Level motion upholstery program.

Happy New Year from Home Furnishings Business

The offices of Home Furnishings Business and its parent company, Impact Consulting Services, will be closed Monday in observance of New Year’s Day.

Reverie, Magniflex, Human Touch to Show at CES

Bedding producers Reverie and Magniflex, and robotic massage chair resource Human Touch are among the home furnishings exhibitors at next month’s Consumer Electronics Show in Las Vegas.

Jabs to be Honored by Arizona Rep Organization

Jake Jabs, longtime CEO of American Furniture Warehouse in Denver, will be honored by the Arizona Home Furnishings Representatives Assn. at a dinner during next month’s Las Vegas Market.

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