Wells Fargo continues to seek independent trustee in United bankruptcy proceeding
Largest secured creditor cites examples of ‘gross mismanagement, lack of integrity and ongoing incompetence’ in how UFI has handled matters since its sudden Nov. 21 …
Tag: featured
It’s not just a new year. It’s a whole new world out there
Retailers today must adopt new ways of doing things to reach burgeoning multiethnic, multiracial shopping groups When Wee Willie Keeler, a small, but superb contact …
‘Giddy Fortune’s Furious Fickle Wheel’
The past is prologue as drama of 2023 begins While it is true that trends do not follow calendrical cycles, I think popping the shrink …
United Furniture Industries swings back into public view
Jan. 6 request to convert bankruptcy to Chapter 11 indicates rehired execs have worked behind the scenes to ‘maximize the company’s value for all stakeholders‘ …
Precision Textiles’ move to North Carolina puts it closer to core customers
TROY, N.C. — When Precision Textiles opened its 160,000-square-foot plant here in September 2021, it marked a major shift in the manufacturing model it had …
Challenges abound, but that also means opportunity
China’s struggles with Covid, along with lingering problems in the US, create stumbling blocks that call for new ways of doing business Last week, on …
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 …
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 …
