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 …
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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% …
November existing home sales fall for 10th consecutive month
NAR reports 7.7% month-over-month decline and 35.4% year-over-year decline to 4.09 million units WASHINGTON — Month-over-month existing home sales fell 7.7% in November, the 10th …
STURDY Act signed into law
Legislation aimed at reducing tip-over incidents involving clothing storage units was part of $1.7 trillion Omnibus spending bill passed Friday and signed into law by …
It’s the Most Wonderful Time of the Year: Another furniture industry carol
A year ago, I used this space to bring you “The 12 Days of Christmas: A supply chain lament.” Oh, what a difference even one …
