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From Home Furnishing Business

Littlejohn & Co. Agrees to Acquire Brown Jordan

An affiliate of Littlejohn & Co., a private equity firm based in Greenwich, Conn., has agreed to acquire upper-end casual furniture manufacturer Brown Jordan.

FastFact: Multi-Story Homes Increasing in Popularity

Multi-story single family homes are increasing in popularity, accounting for 63% of homes built in 2015, according to new report from the U.S. Department of Housing and Urban Development.

Ikea to Pay $50 Million to Settle Suits from Tip-Over Deaths

Ikea has agreed to pay $50 million to the families of toddlers in Pennsylvania, Minnesota and Washington state who died after they were pinned beneath one of the retailer's Malm dressers.

Report: Cardi's to Open First New Hampshire Store Next Fall

Cardi's Furniture, which has 20 locations throughout Massachusetts and Rhode Island, plans to open its first store in New Hampshire next fall, according to a report in the Newburyport (Mass.) Daily News.

Ashley's Angels Assists More Than 1,000 Needy Children

Ashley’s Angels, an all-volunteer non-profit group that helps needy families during the Christmas season, delivered truckloads of food, clothing, and toys to 1,056 children in need near Ashley Furniture manufacturing and distribution facilities in Mississippi, Pennsylvania, and Wisconsin.

Vegas Market Partners with 28 Industry Associations, Buying Groups

Las Vegas Market said it has forged new partnerships and extended existing agreements with a record 28 leading industry associations and retail buying groups for the Winter Market that begins Jan. 22.

Happy Holidays from Home Furnishings Business

In celebration of the Christmas and Hanukkah holidays, our offices will be closed Friday and Monday.

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