The Pearson Co. upholstery plant in High Point will close within the next few months, the latest of the factories to be shuttered following the Furniture Brands International bankruptcy.
Specialty retailer Brookstone appears to be preparing to file for bankruptcy protection as early as this weekend, according to a news report.
Hilco Real Estate has set a June 19 deadline for bids for a portfolio of real estate assets involved in the Furniture Brands International bankruptcy case.
The owner of home furnishings retailer Naked Furniture of Ann Arbor, Mich., is scheduled to appear in a bankruptcy hearing Thursday.
Consumer electronics and furniture retailer American TV & Appliance is closing. Nearly 1,000 employees will lose their jobs.
Columbus, Ohio-based Designer Furniture Warehouse, is in the midst of liquidation sales at eight stores in Ohio and Pennsylvania.
Two former executives of now-defunct Furniture Brands International will receive up to $1 million in advance insurance coverage.