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From Home Furnishing Business

Stanley to Proceed with Sale; Fails to Receive Better Offer

Stanley Furniture (NASDAQ: STLY) said it will proceed with its previously announced asset to the chairman of the Vietnam Trade Alliance after failing to receive a better offer during a two-week “go-shop period.”

Report: Harden Furniture to Resume Limited Production

Harden Furniture, which abruptly shut down last week after the company’s sale at a foreclosure auction, plans to restart production on a limited basis, according to several media reports.

Mill Village Collective Moves April Show to Union Square

Mill Village Collective, a group of design-forward exhibitors, specialty producers and custom furniture manufacturers that began exhibiting during the High Point Market last year, will move their “show within a show” to the historic Union Square building for the April market.

Zuo Remodels Miami Showroom; Showcases New Décor Division

Lifestyle furniture and décor resource Zuo has overhauled its Miami showroom, highlighting its new Zuo Décor division and adding a series of vignettes for its indoor and outdoor furniture collections.

Rent-A-Center, Activist Shareholder Avoid Proxy Fight

Rent-to-own operator Rent-A-Center (NASDAQ: RCII) said it has entered into a “cooperation agreement” with activist shareholder Engaged Capital and will support the shareholder’s nominee for a seat on the board of directors at the 2018 annual meeting.

Castelle Unveils Online Custom Draping Tool

High-end casual furniture producer Castelle has launched a custom draping tool that allows consumers and dealers to customize pieces from its line in virtual and printed formats.

FastFact: Furniture, Bedding Sales Climb 6.3% in Q4

A robust December powered fourth-quarter furniture and bedding sales to a 6.3% gain over the final quarter of 2016, according to the proprietary market model from Impact Consulting, parent company of Home Furnishings Business.

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