September 6,
2013 by in Industry, Legal 
The state of Delaware has filed a consumer fraud case against The Amish Mill, a furniture store in Wilmington, Del.
The fraud case and a cease-and-desist order—banning some practices and undisclosed fees—also names Michael D. Wharton, who owns the store.
"We're acting to protect consumers by ensuring they get what they pay for and to hold this business to account for its obligation to provide the products it sold and promised to deliver," Beau Biden, Delaware Attorney General, said.
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Source: Delaware Online
September 5,
2013 by in Advertising, High Point, Industry, Market
The Antique & Design Center is highlighting its eclectic mix of vintage and one-of-a-kind modern designs with a road trip through the decades for its fall advertising campaign.
September 5,
2013 by in Community / Charitable Support, Industry
The Piedmont Furniture Club raised $10,000 for cancer research at Brenner Children's Hospital at its 27th annual golf tournament.
September 5,
2013 by in Industry, Retail Technology
Wright Global Graphics is expanding the product offerings of RetaiLive with a version that uses Near Field Communications (NFC) technology.
September 5,
2013 by in Business Strategy, Industry
N.C. Gov. Pat McCrory on Wednesday accused unnamed High Point manufacturers of pushing for a loophole in state law so they can hire illegal immigrants instead of American citizens.
The comment came as McCrory discussed a bill that widens an exemption in checks for citizenship that employers are typically required to run on potential employees.
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Source: News & Record
September 5,
2013 by in Financial Reports, Industry
Conn's Inc.'s (CONN) fiscal second-quarter profit rose 65% as furniture and mattress sales led strong revenue growth, helping to mask weakness in the credit segment.
The Texas-focused seller of consumer electronics, home appliances, and other products has been focusing on higher-margin items such as furniture and mattresses to improve its performance in recent quarters. In the latest period, furniture and mattress sales were up 59% amid stronger volume and improved average selling prices.
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Source: The Wall Street Journal
September 5,
2013 by in Economic News, Industry
Good news for furniture land! For the first time since 2009, previously occupied U.S. homes are selling at a pace associated with a healthy market.
Sales jumped 6.5 percent in July to a seasonally adjusted annual rate of 5.4 million, the National Association of Realtors said Wednesday. Over the past 12 months, sales have surged 17.2 percent. The trend shows that housing remains a driving force for the economy even as mortgage rates have risen from record lows.
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Source: Minneapolis Star Tribune