United Furniture Industries swings back into public view
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‘ …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Precision Textiles’ move to North Carolina puts it closer to core customers
TROY, N.C. — When Precision Textiles opened its 160,000-square-foot plant here in September 2021, it marked a major shift in the manufacturing model it had …
Challenges abound, but that also means opportunity
China’s struggles with Covid, along with lingering problems in the US, create stumbling blocks that call for new ways of doing business Last week, on …
United Furniture Industries Chapter 7 case could identify more key creditors
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 …
Report: YOY new orders for residential furniture fell 30% in October
HIGH POINT — Year-over-year furniture shipments rose a tepid 2% in October, while new orders fell 30% from October 2021, signaling a further slowdown in …
It’s a new year — time for new sales tools
Consumers are embracing new ways of doing things. Are you giving them what they want? Here we are, looking 2023 in the eye, but I …
Wells Fargo declaration describes financial relationship, issues with shuttered United Furniture Industries
TUPELO, Miss. — The day it abruptly ceased operations, United Furniture Industries told its primary lender that it needed a significant amount of money to …
Wells Fargo, other creditors seek Chapter 7 bankruptcy for United Furniture Industries
Bank said it is owed more than $99.2 million in secured debt TUPELO, Miss. — Wells Fargo Bank and two other creditors have filed an …
Uncertainties remain with proposed mandatory tip-over developments
CPSC must review safety, testing standards in updated ASTM F2057 and decided whether to incorporate that into a mandatory safety standard for clothing storage units …
New residential construction activity drops in November
U.S. Census report shows declines in year-over-year, month-over-month housing starts and residential building permits WASHINGTON — Housing starts for the month of November dropped 16.4% …
