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From Home Furnishing Business

Bobby Berk Home Opens in L.A.

Bobby Berk Home has opened a store in Los Angeles, the fourth location for the home furnishings retailer.

Former Universal Rep Barry Barto Dies

Former Universal Furniture representative Barry Barto, 69, of Emmaus, Pa., died Sept. 8 in Lehigh Valley Hospital Inpatient Hospice.

LZB to Buy 3-Store Las Vegas Network

Kurt Darrow La-Z-Boy Inc. (NYSE: LZB) plans to buy three La-Z-Boy Furniture Galleries stores in the Las Vegas market.

Furniture Brands Gets Approval of Financing; 2nd Bidder on the Scene

Furniture Brands International won court approval of as much as $115 million in bankruptcy financing to help fund operations as it pursues a sale of most of its assets to Oaktree Capital Management for about $166 million.

A rival bidder-KPS Capital Partners-appeared in court Wednesday saying it would be interested in buying Lane as part of the deal. An attorney for KPS said the company would stay active as the bankruptcy proceeded and could come forward with a better DIP plan.

An Oct. 2 hearing is set to determine approval of the full $140 million plan.

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Source: Bloomberg

Grapevine Furniture Closing after 25 Years

Grapevine Furniture is closing.

The new and used furniture business that became a landmark at 829 Portage St. was to close this Saturday after 25 years in business without a going-out-of-business sale or any fanfare.

But with nearly all its inventory gone, owner Scott Jett may close the business sooner.

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Source: Kalamazoo Gazette

ICFA Recognizes 11 Vendors for Furniture Design

The International Casual Furnishings Association has recognized 11 outdoor home furnishings and accessories vendors for outstanding product designs.

Mullinax Joins Englander Northwest in Sales, Marketing

Industry veteran Ken Mullinax has joined Englander Sleep Products as vice president of sales and marketing for Englander Northwest, Tualatin, Ore.

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