Home furnishings, electronics and appliance retailer Conn's Inc. has completed an expansion and extension of its asset-based loan facility with a syndicate of banks.
Net sales for Leather upholstery supplier Natuzzi (NYSE: NTZ) in the third quarter ended Sept. 30 were $136.8 million, a 7.5 percent drop from net sales of $147.9 million posted in the third quarter of 2012.
Upholstery supplier Jackson Furniture plans to open two factories in Northeast Mississippi and hire 250 employees.
Virginia's furniture-making history helped it entice a Chinese furniture maker to open its first US factory in the state, fending off challenges from three other states, an official with the state's economic development group said.
KPS Capital Partners, the new owner of the Furniture Brands International brands, has renamed the company Heritage Home Group.
The American Home Furnishings Alliance will introduce a new Web site for consumers on Monday, the same day HBO airs a documentary titled “Toxic Hot Seat.”
Industry showroom and leaders hosted the 10 members of the Celia Moh Scholarship(www.mohscholarship.org) class of 2013-2014 at fall High Point Furniture Market.