Will continuing logistics disruptions renew interest in nearshoring?
Container prices have had the industry in a panic once again, with talk of rising prices if rates continue to escalate Geopolitical events continue to …
Author: Thomas Russell
Home News Now Editor-in-Chief Thomas Russell has covered the furniture industry for 25 years at various daily and weekly consumer and trade publications. He can be reached at tom@homenewsnow.com and at 336-508-4616.
The RoomPlace bankruptcy declaration cites rise in interest rates as a challenge to business
Subsequent decline in housing sales, construction had adverse impact on furniture sales LOMBARD, Ill. — A rise in interest rates that impacted housing sales and …
Are acquisitions in Flexsteel’s future?
Reduction in debt is expected to free up cash to help company achieve its expansion goals DUBUQUE, Iowa — Flexsteel’s latest earnings report for its …
Bankruptcy court OKs protocol for Mitchell Gold customers to receive furniture
An estimated 1,400 pieces in the company’s warehouses have been assigned to paying customers WILMINGTON, Del. — The U.S. Bankruptcy Court for the District of …
Asia show circuit starts this month
Arrival of Chinese New Year and Tet highlights winter season of shows in Malaysia, Vietnam, the Philippines, Indonesia and China With much anticipation, we along …
Flexsteel reports 7.5% increase in fiscal Q2 sales
Company plans to close its Dublin, Georgia, plant, a move that will result in annual cost savings of $4 million to $4.5 million, impact 150 …
Top unsecured creditors identified in The RoomPlace bankruptcy
Editor’s note: This story has been updated to reflect a more accurate listing of creditors and amounts owed, most notably those named on the unsecured …
The RoomPlace files for Chapter 11 bankruptcy
Retailer to close 8 stores in outlying markets and keep its remaining 18 Chicago-area stores open CHICAGO — Home News Now 125 Retailer The RoomPlace …
Stickley adds Jack Richardson, John Batten to senior management team
Batten named VP, sales and marketing; Richardson named director, national sales MANLIUS, N.Y. — Case goods and upholstery manufacturer L.&J.G. Stickley has named two professionals …
Las Vegas Market exhibitors keep traffic flowing
Showroom presentations, new products, give buyers plenty of reasons to shop LAS VEGAS — Companies showing at the recently concluded Las Vegas Market offered a …
