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Bassett Opens Four More Club Level Pavilions

Continuing to open Club Level Pavilions at a rapid pace, Bassett Furniture Inds. (NASDAQ: BSET) has opened four additional Pavilions to support its new Club Level motion upholstery program.

United Furniture to Buy Lane from Heritage Home Group

Upholstery and case goods resource United Furniture Inds. said it has signed an agreement to buy Lane Furniture from Heritage Home Group, adding a second well-known brand name to its stable.

Ikea Issues Another Recall of Chests, Dressers After 8th Tip-Over Death

Retail giant Ikea has issued a second recall of its Malm children’s and adult chests and dressers following the eighth reported death of a child who became trapped when a chest tipped over.

Purple Makes Brick-and-Mortar Debut at Mattress Firm

Mattress producer Purple Technology, which has been in hyper-growth mode the past two years selling its mattresses online, is making its brick-and-mortar debut this month by launching the product in 13 Mattress Firm stores in the Washington, D.C., market.

Naik Named to Government Relations Post at APRO

The Association of Progressive Rental Organizations, the trade association for the rent-to-own industry, has named Apurva Naik as its new director of government relations.

 Happy Thanksgiving from Home Furnishings Business

The offices of Home Furnishings Business and its parent company, Impact Consulting Services, will be closed Thursday and Friday in observance of the Thanksgiving holiday.

Stanley Inks $16.1 Million Sale Agreement

Stanley Furniture (NASDAQ: STLY), a legacy furniture producer that has struggled to turn a profit in recent years, said it has agreed to sell substantially all of its assets to a company owned by the chairman of Vietnam-based strategic planning and logistics firm.

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