Furniture Brands International (NYSE: FBN) was notified last week by the New York Stock Stock Exchange that its stock had fallen below the exchange's continued listing standards.
Americans spent more at retail businesses in June, buying more cars and trucks, furniture and clothes. But consumers cut back on many other purchases, a mixed sign for economic growth.
America's Research Group's Furniture Buying Index held steady in June at a reading of 76.
The U.S. Department of Commerce has ruled preliminarily that innersprings from Malaysian manufacturer Reztec are evading duties imposed on Chinese producers.
Increased prices for imported wood are affecting furniture manufacturers in Vietnam.