Furniture Brands Intl News

Hurt by the housing crisis and then a renewed slowdown in business late last year, high-end retailer Treasures Furniture filed for Chapter 11 bankruptcy protection this month A A A A The retailer, led by CEO Alan Glass, with stores in San Diego and Irvine, Calif., and another in which it owns a 51% stake in Cabo San Lucas, Mexico, filed for ... (more)

Furniture Brands International has named Bruce Frenzel vice president of merchandising and strategic accounts for Broyhill, a new position.

Furniture Brands International has hired longtime industry executive Dan Masters as vice president of business development, a new position at the manufacturer and importer.

Treasures Furniture's CEO said in a court filing that the retailer will exit and liquidate its San Diego store, while retaining its Irvine, Calif., location.

Furniture Brands International has named Bruce Frenzel as vice president of merchandising and strategic accounts for Broyhill, a new position.

In terms of furniture shipments, comparing Indonesia to a large source country like China will always be like comparing a state like South Carolina to Michigan in auto production.

Furniture Brands International said last week that its chief financial officer and its general counsel were both resigning, and named two other company executives as their replacements.

J.C. Penney, Philip Morris International, C.R. Bard, OSI Restaurant Partners, Furniture Brands International, PDL BioPharma, The Coffee Bean & Tea Leaf, Serena Software, BioMarin Pharmaceutical, Icon Aircraft J.C. Penney Co.

High-end retailer Treasures Furniture has filed for Chapter 11 bankruptcy protection, owing its largest creditors in the industry about $2.1 million.

Furniture Brands International said its first-quarter sales fell 3.6%, but the company reversed the net loss recorded in last year's first quarter.

Meredith Graham has been appointed senior vice president, general counsel and corporate secretary at Furniture Brands International, effective May 18.

Furniture Brands International said Monday it is promoting Vance Johnston to senior vice president and chief financial officer, effective May 18, to replace current CFO Steven Rolls, who is resigning.

Furniture Brands International officials said today that Steven Rolls resigned as chief financial officer effective May 18, and Vance Johnston has been appointed as senior vice president and CFO to replace him.

Good day ladies and gentlemen and welcome t the Q1 2012 Furniture Brands Earnings Conference Call.

The company said the increase came primarily on cost cutting measures it implemented in the third quarter last year.

Furniture Brands International reported net earnings of $379,000 in the quarter ended March 31, compared to a net loss of $3.1 million during the same quarter a year earlier, primarily on cost cutting measures the company implemented in the third quarter of last year.