Labor Day sales highlight challenges, opportunities in different markets
Pockets of strong housing development, relocations help boost fortunes of some retailers HIGH POINT — As expected, Labor Day received mixed reviews from retailers around …
Tag: featured
Hooker Furnishings reveals further details on layoffs, cost reductions
Earnings call also offers insights into recent successes including performance at Sunset West, plus first quarterly increase in 2 years at Home Meridian division MARTINSVILLE, …
Kindel Furniture acquired by Holladay Design House
Company will be renamed Kindel Karges, reflecting key brands in its portfolio GRAND RAPIDS, Mich. — Luxury furniture manufacturer Kindel Furniture has been acquired by …
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 …
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 …
