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From Home Furnishing Business

Chapter 11 Protection Filed by Another Struggling Furniture Retailer

According to an article in The Rochester Business Journal, third-generation home furnishings retailer Ruby-Gordon Home filed for Chapter 11 bankruptcy protection Nov. 20 in the U.S. Bankruptcy Court Western District of New York.

Home Deco Expo International 2024 Adds 100 New Exhibitors

Home Deco Expo International (HDX) has added more than 100 new exhibitors to its groundbreaking furniture trade show set for Feb 29-March 2 in Miami.

Spring Air International Extends International Licensing in Indonesia

Leading mattress manufacturer Spring Air International is renewing its second global licensing extension this month, this time with Indonesia’s Massindo Group for another 10 years. Massindo Group and Spring Air have now been in partnership for more than 23 years.

Serta Simmons Bedding Opens State of the Art Manufacturing Plant

Serta Simmons Bedding, LLC (SSB), one of the world’s leading sleep companies, today held a grand opening event and ribbon-cutting ceremony for its new state-of-the-art 500,000 square foot manufacturing plant in Wisconsin that will produce mattresses and other bedding products under its Serta, Beautyrest and Simmons brands.

Natuzzi S.p.A. Reports Financial Results for Third Quarter 2023

Third Quarter Highlights
3Q 2023 invoiced sales amounted to €74.9 million, reflecting a decrease of 35.8% compared to 3Q 2022. This is equivalent to a decrease of 15.2% compared to the normalized sales of 3Q 2022, net of the backlog, which was €28.3 million. The decrease of 3Q 2023 invoiced sales is of 15.0% compared to 3Q 2019.

Ashley Furniture Store Opens in Ohio by Providence Enterprises

On Nov 9, Providence Enterprises, LLC celebrated the Grand Opening and Ribbon Cutting of its new 22,000 sq. ft. Ashley showroom located at 1470 N. Bridge St., Chillicothe, Ohio. Special guests from the Chillicothe Ross Chamber of Commerce joined Providence Enterprises and employees at the event.

Canadian Retailer Bad Boy Furniture, Closing Doors Forever

Bad Boy Furniture, a well-established retailer known for its commitment to quality and affordability, has appointed Infinity Asset Solutions to oversee the Total Liquidation of its entire $25-million inventory. KSV Restructuring Inc. is the proposal trustee for Bad Boy Furniture.

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