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IKEA Sued by Furniture Supplier for Breach of Contract

Posted by Karen Koenig | Posted: 07/02/2014 4:32PM

IKEA is being sued for $25 million by a now shuttered Canadian furniture manufacturer for breach of contract. Its couch appears on the Big Bang Theory television show.


PPG to Buy Mexican Paint Maker Comex: Acquisition Spree Continues

Posted by Karen Koenig | Posted: 07/02/2014 10:30AM

PPG's $2.3 billion acquisition of Mexico's largest paint maker Consorcio Comex S.A. de C.V. comes just months after competitor Sherwin-Williams dropped a similar attempt.


Bassett Furniture Sales Rose 5 Percent to $85 Million

Posted by Bill Esler | Posted: 07/02/2014 9:41AM

Bassett Furniture sales rose 5% (Nasdaq:BSET) first quarter, reflecting the general improvement in the consumer economy. Wood furniture sales declined, but wholesale furniture sales jumped 17% to stores outside Bassett's own network of 90 shops.


Send Your Nominations for Wood Industry Market Leaders

By Karen Koenig Posted: 06/15/2014 9:43AM

Submit nominations for the wood industry Market Leaders. This exclusive program recognizes individuals who have made an impact, not only at their own woodworking firm, but also within their market segments.




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