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From Home Furnishing Business

Palliser to Expand Las Vegas Showroom, Debut Casegoods

Upholstery and case good resource Palliser Furniture is expanding its Las Vegas Market showroom in time for next month’s Winter Market, which takes place Jan. 28 – Feb. 1.

Blu Sleep to Unveil Re-branding in Refurbished Vegas Showroom

Specialty mattress and pillow manufacturer Blu Sleep Products has renovated its Las Vegas Market showroom and will unveil a re-branding initiative there during next month’s Winter Market.

Ashley Hosts Wreath-Laying Ceremony to Honor Veterans

Ashley Furniture Inds. recently hosted a public wreath-laying ceremony at Memorial Park in Arcadia, Wis., to honor veterans for their service.

Bassett Agrees to Buy Lane Venture from Heritage Home

Heritage Home Group said Monday it has agreed to sell outdoor furniture line Lane Venture to Bassett Furniture Inds. (NASDAQ: BSET)

FastFact: Top 20% Pay Most Taxes, Have Highest Disposable Income

The top 20 percent of U.S. households make more than half of all income and pay 78.5 percent of all taxes, according to the latest Consumer Expenditure Survey from the Bureau of Labor Statistics.

City Furniture Opens Miami Store in Trendy Design District 

Florida retailer City Furniture has opened a store on the edge of Miami’s trendy Design District that features a wide selection of modern furniture and includes the company’s first-ever wine bar.

Li & Fung Sells Furniture Holdings to Private Equity Firm

Li & Fung, the Hong Kong-based supply chain giant, said it is selling its furniture businesses as part of a $1.1 billion deal with Chinese private equity firm Hony Capital.

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