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From Home Furnishing Business

Ikea Sees Sales, Market Share Grow Further

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.

Investor Suit Accuses Furniture Brands, Executives of Hiding Financial Problems

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.

Q&A with DwellStudio Founder Christiane Lemieux

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.

Rothman Furniture CEO Seat Passes to New Generation

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.

Room & Board Plans New York Flagship

New York's Chelsea residents will soon have another furniture store to browse.

Stickley Plans $3.8M Expansion

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.

Furniture Brands Gets New Lead Bidder

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.


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