EJ Victor officially decides not to resume operations
News follows settlement with Fireman’s Fund Insurance Co. over a claim related to the devastation from Hurricane Helene last September MORGANTON, N.C. — Following the …
Category: closings and consolidations
What ever became of Standard Furniture?
One of the largest full-line furniture resources in the market has been fully absorbed under the umbrella of sister company Albany Industries BAY MINETTE, Ala. …
Former Buddy’s franchisees file to recover last settlement payment from escrow
Who is steering the ship at what was Franchise Group? A group of former Buddy’s Home Furnishings franchise operators has filed a motion in Delaware …
How will Dorel Home succeed moving forward?
Recent financials show depth of challenges and opportunities the company has now and in the future in its residential furniture segment CORNWALL, Ontario — When …
Howard Miller, Hekman to cease operations
Sister companies impacted by a confluence of factors ranging from high interest rates and a slow housing market to the costs associated with Trump tariffs …
Dorel Home to cease all North American manufacturing
The move, along with other consolidation efforts, aims to return the segment to profitability sometime next year CORNWALL, Ontario — Dorel Industries has decided to …
Elk Home to cease operations, liquidate its entire inventory
GA Group to handle liquidation process of company founded in 1983 NESQUEHONING, Pa. – Furniture and lighting resource Elk Home is liquidating its entire inventory, …
Debrah Furniture USA ceases operations in US market
Tariff uncertainty was a major risk factor for China-made line of dining, occasional and upholstery ARCHDALE, N.C. — Debrah Furniture USA, a division of Chinese …
Presley’s Furniture to close its doors after 44 years in business
TUSCALOOSA, Ala. — After 44 years in business, Presley’s Furniture is closing its doors permanently. The second-generation owners plan to retire following the final liquidation …
Dorel Home to consolidate key operations of residential furniture segment into Cosco division
Move aims to substantially cut costs by reducing redundant positions that it said are not necessary to support anticipated sales levels and channels moving forward …
