August 20,
2013 by in Industry, Licensing, Lighting, Product
Lighting, decor and accents vendor Port 68 has teamed high-end textile source Scalamandré for a licensed line of lighting, accessories and accent upholstery.
August 20,
2013 by in Industry, Web Retail
Internet retailer Livingincomfort.com is moving into furniture.
August 20,
2013 by in Business Strategy, Industry
Troubled furniture maker Furniture Brands has tapped restructuring lawyers and advisers to examine options to deal with its debt load, including the possibility of bankruptcy, according to a news report.
News reports say the advisers are examining several alternatives and the situation is still fluid, according to unnamed sources familiar with the matter.
Clayton-based Furniture Brands did not immediately respond to a request for comment.
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Source: STLtoday.com
August 19,
2013 by in Business Strategy, Industry
Therapedic International will enter the fast-growing India market through a licensing deal with a leading sleep products retailer based in Bangalore.
August 19,
2013 by in Industry, Store Openings
North Carolina-based Boyles Furniture & Rugs will open a store in Avon, Conn., this week in a former space once occupied by another furniture retailer. Nassau's Furniture closed its store in Avon in January, leaving he building vacant.
Boyles officials said they will have a grand opening for the Avon store Wednesday and Thursday. The new store will be the company's first location in the Northeast.
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Source: Hartford Courant