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From Home Furnishing Business

Zuo Modern Names VP of North American Sales

Christian Cousins has been named vice president of North American sales for Zuo Modern, a contemporary furniture vendor.

DOC Ponders Bedroom Antidumping Order Change

The U.S. Department of Commerce's International Trade Administration 
has initiated a review that could revocate part of the antidumping order on wood bedroom furniture from China.

Tempur Sealy Gains European Brand Rights

Bedding major Tempur Sealy International (NYSE: TPX) has signed a definitive agreement to acquire the Sealy brand rights in continental Europe (excluding the United Kingdom) from its former licensee.

Twin-Star Helps Habitat

brighamtwinstarTwin-Star International Home Furnishings, Delray Beach, Fla., presented a check for $1,500 to Habitat for Humanity of Palm Beach County last Friday during the company’s Team Build project.

Consumer Spending Surges in March

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.

Pier 1 Amends Credit Line, Closes on Term Loan

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.

Young America Closure Impacts Stanley 1Q

Stanley Furniture (NASDAQ: STLY)  reported a net loss of $4.4 million for the first quarter ended March 29.