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From Home Furnishing Business

Natuzzi Sets Roadmap to Profitability

Italian home furnishings supplier Natuzzi  (NYSE: NTZ) has established a two-year business plan that sets objectives to regain market share, eliminate losses by the 2014 fourth quarter and return to profitability in 2015.

Buffett Waxes Eloquent on Nebraska Furniture Mart

Berkshire Hathaway Chairman Warren Buffett singled out Nebraska Furniture Mart for praise in a letter to shareholders on the company's performance.

Gloster America Names Randy Wells CEO

Randy Wells will join high-end outdoor furniture vendor Gloster America in the new position of CEO.

December Furniture Orders up 5 percent

Retailers ordered 5 percent more furniture in December 2013 than December 2012, according to the latest Furniture Insights survey.

DOC Applies 216 Percent Preliminary Rate on 2012 China Bedroom Shipments

The U.S. Department of Commerce has applied a preliminary duty rate of 216.01 percent on 2012 shipments of wood bedroom furniture from China.

Dallas Market Center Releases Economic Impact Findings

Dallas Market Center announced an independent research consultant's study found that the DMC has a direct impact of more than $406 million on the local economy; with a full economic impact of Dallas Market activities equaling $1.2 billion.

Pier 1 Braces Investors for Year-End Results

Specialty home furnishings retailer Pier 1 Imports  (NYSE: PIR)  updated its expectations for its fourth quarter earnings saying weather disruptions have impacted store traffic throughout its network of stores.

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