Furniture News Briefs 8/21/17

By: Furniture World Magazine  According to THE CHARLOTTE OBSERVER, "Gordon's Furniture Store in downtown Statesville is closing after 90 years, as consumers continue to gravitate toward chains, Gordon family members told the Observer." The article…

GARDEN FURNITURE UNDER HAMMER

The remaining stock of one of the region's largest importers and wholesalers of garden furniture is to go under the hammer in Scunthorpe. The sell-off will include everything from top quality teak chairs and tables…

PeopLoungers avoids asset sale

Furniture Today, Keeps operating with new financing NETTLETON, Miss. – PeopLoungers, which is in Chapter 11 bankruptcy proceedings, will continue operating despite an effort by a Mississippi bank to get the motion furniture producer to…

Retailer Furniture Express Shuts Down

Furniture Express announced that it has closed all of its locations after actions taken by Comerica Bank. The company said that while negotiations continued, Comerica seized all operating funds, leaving Furniture Express no choice but…