October 14,
2013 by in Bankruptcy, Industry
A U.S. Bankruptcy Court judge brushed aside objections Friday to paying bonuses to seven Furniture Brands International executives but capped the total possible payments at $3.5 million.
October 14,
2013 by in Furniture Retailing, Industry
Buoyed by increasing demand for its popular furniture and accessories, Ikea says sales grew more that 3 percent to 27.9 billion euros ($38 billion) in the latest fiscal year.
October 14,
2013 by in Industry, Obituaries
Industry veteran Chuck Rudwall died suddenly Friday at his home in Chattanooga, Tenn.
October 14,
2013 by in Bedroom, High Point, Market, Product
Spring Time Bedding will open its first permanent showroom in High Point for the upcoming Market.
October 11,
2013 by in Leather Upholstery, Product
Italian leather upholstery manufacturer Natuzzi has approval from government ministries and trade unions for a restructuring plan.
October 11,
2013 by in Acquisition, Furniture Retailing, Industry
La-Z-Boy Inc. (NYSE: LZB) plans to acquire two La-Z-Boy Furniture Galleries stores in the Youngstown, Ohio, market.
October 11,
2013 by in Community / Charitable Support, Industry
Rug and accessories vendor Surya's Miles for Meals initiative has raised more than $38,000 for Akshaya Patra, one of the world’s largest NGO-run school lunch programs.