Featured Archives - Page 16 of 182

FRG-AF Newco battle keeps escalating

And American Signature closeout company defends against concerns about family ties It has been a busy week on the courts beat, so plenty to get …

American Signature bankruptcy: The ties that bind

WILMINGTON, Del. — The much-anticipated bankruptcy of American Signature looks straightforward, and it has been reported as such. A company that boomed during Covid — …

Hooker Furnishings agrees to sell Pulaski, Samuel Lawrence to Magnussen Home

The 2 companies, part of Home Meridian International, were acquired by Hooker Furniture in 2016 HIGH POINT — Case goods resource Hooker Furnishings has entered …

Furniture retail sales growth slows in September

Reported 1.2% gain is the lowest percentage monthly year-over-year increase so far this year WASHINGTON — Furniture store sales rose again in September, albeit at …

Somnigroup International proposes to acquire Leggett & Platt

LEXINGTON, Ky. — Somnigroup International Inc. today announced that it submitted a proposal to the board of directors of Leggett & Platt Inc. to acquire …

Homebuilder confidence remains in negative territory

Also, 41% of builders reported cutting prices, a record high, according to the NAHB WASHINGTON — While the government shutdown has ended, other economic uncertainty …

Black Friday spells opportunity for furniture retailers

With the official start to the holiday shopping season upon us, furniture stores around the U.S. continue to capitalize on yet another holiday sales event …

American Signature files Chapter 11 bankruptcy

COLUMBUS, Ohio — Retailer American Signature, the parent company of American Signature Furniture and Value City, has filed for Chapter 11 bankruptcy protection, marking the …

New collections, tariff solutions mark fall Interwoven

HIGH POINT — At this week’s Interwoven textile fair, held in High Point by the International Textile Alliance, performance fabric continued to be a draw, …