September 12,
2013 by in High Point, Market 
The deadline for submitting photographs of product being shown at the upcoming High Point Market for inclusion in the October issue of Home Furnishings Business has been extended.
September 12,
2013 by in Carpets / Rugs, Market, Product
Loloi Rugs has a new, expanded showroom for the Sept. 23-26 New York Home Fashions Market.
September 12,
2013 by in Las Vegas, Market
The second annual CEO Summit at Winter Las Vegas Furniture Market has confirmed additional speakers and sponsors.
September 12,
2013 by in Industry, Obituaries
Former Universal Furniture representative Barry Barto, 69, of Emmaus, Pa., died Sept. 8 in Lehigh Valley Hospital Inpatient Hospice.
September 12,
2013 by in Industry, Store Openings
La-Z-Boy Inc. (NYSE: LZB) plans to buy three La-Z-Boy Furniture Galleries stores in the Las Vegas market.
September 12,
2013 by in Bankruptcy, Industry
Furniture Brands International won court approval of as much as $115 million in bankruptcy financing to help fund operations as it pursues a sale of most of its assets to Oaktree Capital Management for about $166 million.
A rival bidder-KPS Capital Partners-appeared in court Wednesday saying it would be interested in buying Lane as part of the deal. An attorney for KPS said the company would stay active as the bankruptcy proceeded and could come forward with a better DIP plan.
An Oct. 2 hearing is set to determine approval of the full $140 million plan.
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Source: Bloomberg
September 12,
2013 by in Industry, Retail Closing
Grapevine Furniture is closing.
The new and used furniture business that became a landmark at 829 Portage St. was to close this Saturday after 25 years in business without a going-out-of-business sale or any fanfare.
But with nearly all its inventory gone, owner Scott Jett may close the business sooner.
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Source: Kalamazoo Gazette