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Canadian supplier buys former Klaussner foam plant
According to several local news reports, VPC Group has bought a foam plant and fabrication plant that were operated by Klaussner Furniture ...
Tempur Sealy refinances $1.65B credit line through 13 lenders
Tempur Sealy International has refinanced its credit lines with 13 different lenders that includes a $1.15 billion revolving credit facility and...
Court orders Mitchell Gold + Bob Williams to liquidate; converts case to Ch. 7
The Mitchell Gold + Bob Williams bankruptcy case has been converted to Chapter 7, a liquidation under the U.S. Bankruptcy Code, a month after...
September job growth takes a major dip, says ADP report
September saw a major fall off in new private sector jobs, especially among large employers, according to ADP's monthly National Employment Report.
JCPenney filing offers a look at sales, profit and liquidity
Net income plummeted in both Q2 and for the 1st half, but the retailer remains in the black.
Big Lots’ furniture sales tumble below pre-Broyhill level
Furniture sales for the first half of the fiscal year fell back for the third year in a row at Big Lots.
Surya CEO envisions his company as the ‘Berkshire-Hathaway of the industry’
Surya, which recently acquired RST Brands, would like to work with companies that don’t have a succession plan and want a custodian to move the brand forward.
Surya acquisition expands its reach into outdoor furnishings category
Surya has completed the acquisition of RST Brands, an omnichannel outdoor furniture company based in Salt Lake City.