September 10,
2013 by in Business Strategy, High Point, Industry, Market 
The Caracole furniture sub-brand Caracole Light has launched the Live Love Laugh collection of furnishings.
September 10,
2013 by in Community / Charitable Support, Industry
City Furniture has just opened its newest Ashley Furniture Homestore showroom with a boost to help Habitat for Humanity of Palm Beach County build affordable homes.
September 10,
2013 by in Bedding, Industry, Licensing, Product
King Koil has signed a license agreement with Real Innerspring Technologies New Delhi to manufacture and market King Koil-branded products throughout India.
September 10,
2013 by in Bankruptcy, Industry
The Chapter 11 filing by Furniture Brands International yesterday will likely result in the layoff of its 1,451-person Lane workforce in Mississippi.
Lane is being spun off separately from the company's stable of brands. The division operates plants in Belden, Miss., and Saltillo, Miss., as well as distribution centers in Verona, Miss., and Wren, Miss., and an office in Verona.
Gloria Neal, with the Mississippi Department of Employment Security, said the company filed notice Monday of the layoffs. She said the filing indicated the layoffs would start Oct. 14 and continue in "ensuing days and weeks."
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Source: Clarion-Ledger
September 9,
2013 by in Bankruptcy, Industry
Furniture Brands International (OTC: FBNI) has filed Chapter 11 bankruptcy protection today with the U.S. Bankruptcy Court in Delaware and said it plans to sell most of its assets, including brand names like Broyhill, Drexel Heritage and Henredon.
September 9,
2013 by in Carpets / Rugs, Product
Capel Rugs and Susan Hable Smith and Katharine Hable Sweeney of textile vendor Hable Construction have teamed to create a line of area rugs.