Lighting and furniture vendor Guildmaster has emerged from Chapter 11 bankruptcy as a private company.
Calling it an "administrative expense" unauthorized by bankruptcy code, a U.S. Bankruptcy Court trustee has objected to a $6 million break up fee that Furniture Brands wants to pay a private equity group in its Chapter 11 case.
Gallery Furniture's owner and frontman Jim "Mattress Mack" McIngvale is back in the hospital with a setback from last month's surgery.
J. C. Penney is looking to raise more than $800 million in equity as the struggling department store chain looks to build up its cash reserves heading into the holiday season.
Taylor's Furniture & Appliance in Amarillo, Texas, is consolidating its two stores into one location.
Arhaus is readying for the holiday season with its upcoming catalog. The home furnishings retailer has created richly decorated holiday scenes in one of Cleveland, Ohio's, most well-known mansions as the backdrop for the photography shoot.
Ryan Saunders seems an unlikely character to take on the revitalization of downtown High Point. He's young, energetic and full of fresh ideas to make the Southern town into a hip, bustling city at times other than market.