Bassett Furniture reports 22% decline in consolidated Q2 revenues
Company remains profitable with just over $2 million in net income reported for the quarter ended May 27 BASSETT, Va. — Bassett Furniture Industries reported …
Category: Manufacturing
April furniture orders fell 19% compared to last year
Year-over-year shipments also were down 28% during the same period, with backlogs down 8% from March and 64% from April 2022 HIGH POINT — Furniture …
Serta Simmons Bedding emerges from Chapter 11 bankruptcy
DORAVILLE, Ga. – Serta Simmons Bedding LLC announced that it has concluded its financial restructuringand emerged from Chapter 11 bankruptcy. “The financial restructuring process we …
Kerry Lebensburger retires from Ashley Furniture
Kerry Lebensburger, the longtime Ashley executive responsible for a multitude of initiatives that helped propel the company into the largest home furnishings resource in the …
Compass Sleep Products to produce 1,600 mattresses for student dorms at University of Kentucky
GREENVILLE, Florida—Compass Sleep Products has signed its first contract deal with a 1,600-mattress order from the University of Kentucky for its student dormitories. The transaction …
Carpenter Co. completes $486M acquisition of Recticel N.V. Engineered Foam segment
Purchase adds 245-year-old Belgian company’s people, offices and manufacturing facilities in Europe, Asia and North America to Carpenter’s assets RICHMOND, Va. — Carpenter Co., a …
AkzoNobel opens $60M R&D, customer support center in High Point
Facility represents single largest investment the company has made in its wood coatings business in the past decade HIGH POINT — On June 22, AkzoNobel …
Havertys recalls 930 power recliners because of potential fall hazard
CPSC says metal power assembly unit can bend when returning the chair to upright position, causing the chair back to detach ATLANTA, Ga. — HNN …
Gold Bond launches first organic futon fabric upgrade
HARTFORD, Conn. – As the demand for organic products increases, independent bedding manufacturer Gold Bond announced it is introducing its first organic futon fabric upgrade to …
La-Z-Boy reports fiscal Q4, full-year results
Consolidated FY 2023 sales total $2.349 billion, down slightly from the prior fiscal year MONROE, Mich. — La-Z-Boy reported a drop in quarterly sales and …
