Your Source for Home Furnishings Retail News
Company cites extensive challenges during pandemic as reason for its demise THOMASVILLE, N.C. – After nearly 70 years in business, wood furniture and upholstery manufacturer …
Company also announces plan to reduce physical footprint of its Savannah, Georgia, warehouse in fiscal 2024 MARTINSVILLE, Va. — Hooker Furnishings Corp. announced Friday that …
Decision follows planned retirement of husband and wife team of Bernie and Maxwell Wickman AGOURA HILLS, Calif. — Retailer Wickmans Furniture is going out of …
ST. LOUIS — Weekends Only Furniture & Mattress is beginning a going-out-of-business sale for all its store locations, the company said this week. The company …
Appointment follows Jan. 18 conversion of case from a Chapter 7 to Chapter 11 ABERDEEN, Miss. — The United States Bankruptcy Court for the Northern …
Moves to reduce headcounts will result in $750 million in annual cost savings BOSTON — In a statement to company associates, Niraj Shah, Wayfair’s CEO, …
Largest secured creditor cites examples of ‘gross mismanagement, lack of integrity and ongoing incompetence’ in how UFI has handled matters since its sudden Nov. 21 …
Jan. 6 request to convert bankruptcy to Chapter 11 indicates rehired execs have worked behind the scenes to ‘maximize the company’s value for all stakeholders‘ …
Bankruptcy court will hold hearing Friday to appoint trustee in involuntary filing TUPELO, Miss. — Today’s anticipated hearing to appoint a trustee in the involuntary …
TUPELO, Miss. — The day it abruptly ceased operations, United Furniture Industries told its primary lender that it needed a significant amount of money to …
