October 14,
2013 by in Furniture Retailing, Industry
Buoyed by increasing demand for its popular furniture and accessories, Ikea says sales grew more that 3 percent to 27.9 billion euros ($38 billion) in the latest fiscal year.
October 10,
2013 by in Bankruptcy, Industry, Legal
Furniture Brands International is facing a class-action lawsuit from investors who accuse the company and its management of deliberately misleading them about its financial status prior to entering Chapter 11 bankruptcy protection last month.
October 9,
2013 by in Designer Weekly
DwellStudio was born as Dwell Home Furnishings, in 1999. Founder and Creative Director Christiane Lemieux, a veteran of the worlds of fashion and home retail, wanted to offer the discerning customer a range of vibrant and modern textile designs.
October 7,
2013 by in Executive Changes, Furniture Retailing, Industry
Jay Steinback will take over as CEO of Rothman Furniture, as his father and longtime leader, Dale Steinback, lessens his role in the 86-year-old company.
October 7,
2013 by in Furniture Retailing, Industry, Store Openings
New York's Chelsea residents will soon have another furniture store to browse.
October 7,
2013 by in Business Strategy, Industry
L. & J.G. Stickley Inc. in Manlius is planning to invest $3.8 million in an expansion that would add 50 new jobs if the company secures funding from the state.
October 3,
2013 by in Bankruptcy, Industry, Legal
Oaktree Capital has been edged out as the lead bidder in the bankruptcy auction of Furniture Brands International's assets by KPS Capital Partners who put in a $280 million offer.