JCPenney gets Bankruptcy Court go-ahead for a sale
PLANO, Texas— JCPenney received U.S. Bankruptcy Court approval for its acquisition by landlords and lenders in a deal valued at $1.75 billion. Under the deal, …
Tag: In Brief
Furniture First adds 5 retailers, 9 stores to membership
MIDDLETOWN, Pa. — Furniture First buying group has added five retailers, with nine stores to its membership, including two members who are returning to the …
Swavelle announces new CEO
NEW YORK –Fabric provider Swavelle Mill Creek announced that CEO Jeff Thomases has stepped down as CEO, with Greg Thomases taking on the role. Although …
Furniture retailers expect sales surge to continue into Q4, says Piper Sandler-HFA survey
Furniture retailers saw increasing business in the third quarter over the second and expect the sales surge to continue with more than a 15% increase projected for the fourth quarter, according to the latest survey by investment banking firm Piper Sandler in partnership with the Home Furnishings Assn.
