August 26,
2013 by in Economic News, Industry 
Furniture Brands International (NYSE: FBN) announced on Friday that it will voluntarily delist its common stock from The New York Stock Exchange.
August 22,
2013 by in Economic News, Industry
The sudden closure of AP Industries in Canada is difficult for the 150 employees licensees and will impact on the region's local economy.
The furniture manufacturing company, which experiencing financial difficulties for several years, closed its doors last week.
The employees learned of the layoff the night before the closing.
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Source: Radio-Canada.ca
August 19,
2013 by in Economic News, Industry
U.S. consumers, bracing for higher interest rates and slightly slower economic growth, were a bit less optimistic in August as sentiment retreated from last month's six-year high, a survey released on Friday showed.
The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment slipped to 80.0 from 85.1 in July, the highest since July 2007.
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Source: CNBC
August 13,
2013 by in Economic News, Industry
U.S. retail sales were up slightly, 0.2 percent in July, compared with the same month last year.
August 12,
2013 by in Economic News, Industry
The monthly Furniture Buying Index moved up one point this month to a reading of 77, according to America's Research Group.
August 8,
2013 by STLtoday.com in Economic News, Industry
Some analysts fear that Furniture Brands International's falling share price creates the threat of bankruptcy.
August 2,
2013 by CNBC in Economic News, Industry
U.S. consumer spending increased and inflation pushed higher in June, which could strengthen expectations of the Federal Reserve curtailing its bond purchases later this year.