September 27,
2013 by in Bankruptcy, Industry, Legal
Calling it an "administrative expense" unauthorized by bankruptcy code, a U.S. Bankruptcy Court trustee has objected to a $6 million break up fee that Furniture Brands wants to pay a private equity group in its Chapter 11 case.
September 27,
2013 by in Furniture Retailing, Industry
Gallery Furniture's owner and frontman Jim "Mattress Mack" McIngvale is back in the hospital with a setback from last month's surgery.
September 27,
2013 by in Business Strategy, Furniture Retailing, Industry
J. C. Penney is looking to raise more than $800 million in equity as the struggling department store chain looks to build up its cash reserves heading into the holiday season.
September 26,
2013 by in Furniture Retailing, Industry, Retail Closing
Taylor's Furniture & Appliance in Amarillo, Texas, is consolidating its two stores into one location.
September 26,
2013 by in Advertising, Furniture Retailing, Industry
Arhaus is readying for the holiday season with its upcoming catalog. The home furnishings retailer has created richly decorated holiday scenes in one of Cleveland, Ohio's, most well-known mansions as the backdrop for the photography shoot.
September 26,
2013 by in High Point, Market
Ryan Saunders seems an unlikely character to take on the revitalization of downtown High Point. He's young, energetic and full of fresh ideas to make the Southern town into a hip, bustling city at times other than market.
September 25,
2013 by in Bedding, Product
Latex International is introducing Talalay Latex Support Cylinders, high-tech Talalay latex cylinders that can be used to create enhanced airflow in a mattress as a pressure relief layer or a full-body support layer.