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From Home Furnishing Business

Lebensburger, Blumkin, Root to Receive Top IHFRA Awards

The International Home Furnishings Representatives Assn. will honor Ashley Furniture executive Kerry Lebensburger, Nebraska Furniture Mart CEO Irv Blumkin, and former IHFRA President Mike Root at its annual awards gala during the April High Point Market.

Century, Timberlake to Unveil Anniversary Piece

North Carolina artist Bob Timberlake and Century Furniture have designed a special anniversary edition furniture piece to help celebrate Timberlake’s 80th birthday.

Surya Snags Visual Design Award for Atlanta Showroom

Rug and home décor resource Surya received a Visual Design Award for its AmericasMart showroom at last month’s Atlanta International Gift and Home Furnishings Market.

HH Gregg Gets De-Listing Notice from NYSE

Retailer HH Gregg (NYSE: HHG) said it has been notified by the New York Stock Exchange that it could be de-listed because it no longer meets certain NYSE listing requirements. 

La-Z-Boy to Invest $26 Million in Tennessee Factory Upgrades

La-Z-Boy (NYSE: LZB) said it will invest about $26 million in its Dayton, Tenn., factory over the next three years, building a new Innovation Center and making a variety of upgrades and renovations to the 44-year-old facility.

Flexsteel Sales Slide 5.5% Amid Weakening Demand

Upholstery and case goods resource Flexsteel Inds. (NASDAQ: FLXS) said sales slid 5.5% to $118.5 million in the quarter ended Dec. 31 as retail demand weakened.

Hom Furniture Honors Top Vendor, Manufacturer’s Rep

Minnesota-based retailer Hom Furniture has named Flexsteel as its 2016 Vendor of the Year and Jackson Furniture sales representative David Epperson as its Manufacturer’s Representative of the Year.

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