Big Lots files for Chapter 11 bankruptcy protection
Affiliate of Nexus Capital Management identified as stalking horse bidder to acquire company assets and business operations COLUMBUS, Ohio — Retailer Big Lots has filed …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
Too big to fail? B. Riley, Franchise Group granted reprieves
Since missing the deadline last month to file its second-quarter financials, announcing its largest quarterly loss in company history and disclosing that it is under …
The rebuilding and rebirth of Bacon’s Furniture
Hurricane Ian destroyed Bacon’s Furniture in Port Charlotte, Florida, but thanks to a heroic effort to rebuild the business from the ground up, it’s now …
Another question on Big Lots: What would Paul Broyhill think?
As I was reading Tom Russell’s article last week speculating on the future of Big Lots and the Broyhill brand, I couldn’t help but wonder what …
Bookshelf recall highlights dangers of unstable shelf storage units
Height and weight of such units warrants anchoring them to the wall to avoid tip-over incidents HIGH POINT — Earlier this year, a good friend …
Ongoing market challenges impact Hooker Furnishings fiscal Q2 sales
Company moves forward with cost-reduction plan, including its recent reduction in headcount through early retirement offers and cutting positions MARTINSVILLE, Va. — Hooker Furnishings reported …
New owner of GJ Styles looks to grow company with expanded product mix
Industry veteran Doug Diemoz purchased the company this past spring, with an eye on paying homage to its roots, while evolving into new areas of …
Urban wood increases the amount of natural resources available to the furniture industry
Also known as reclaimed wood, the materials are sourced from old buildings and old-growth trees on city streets HIGH POINT — Visiting factories here and …
June orders for residential furniture down 6% from last year
Smith Leonard Furniture Insights report also notes that year-over-year June shipments also were down 8% HIGH POINT — New orders and shipments for residential furniture …
Labor Day promotions seek to move the needle on furniture store traffic and sales
It’s that time of the year once again, the last big summer weekend and also one of the biggest furniture retail sales events of the …
