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 …
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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, …
New independent rep organization stresses importance of buying from local reps
HIGH POINT — As part of a new collaborative effort among independent rep agencies called “Reps Are Local Too,” the International Home Furnishings Representatives Association …
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 …
Ashley, Ron & Joyce Wanek Foundation award more than $470K in scholarships for 2024-25 school year
ARCADIA, Wis. – Ashley Furniture Industries LLC and the Ronald & Joyce Wanek Foundation Inc. have awarded over $470,000 in scholarships to 139 exceptional students for …
M.N. International opens first Ashley store in Suriname
PARAMARIBO, Suriname – On August 22, M.N. International celebrated the grand opening and ribbon cutting of its new 12,500 sq. ft. Ashley Furniture HomeStore showroom located …
Big Lots bankruptcy filing identifies Top 30 unsecured creditors
COLUMBUS, Ohio — The Top 30 unsecured creditors in Big Lots’ Chapter 11 bankruptcy have just over $74 million in claims, according to documents filed …
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 …
