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Furniture News Briefs For This Week

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The Richmond Times-Dispach (www.timesdispatch.com) reported that furniture veteran Lee Krumbein a veteran of Heilig-Meyers (whose father was Vice Chairman of the late furniture giant) has become an internet furniture retailer. According to the article, The Carytown, VA store shows a limited selection from a number of name brand furniture manufacturers. Customers can view the in-store selection, but can also use the showroom to browse the company website www.homegallery.us on one of two 50-inch monitors. __________ bizjournals.com reported that Broyhill Furniture has plans to again skip High Point pre-market. This announcement followed the recent Las Vegas Show, that Broyhill described in the article as "phenomenal". __________ bellvillenewsdemocrat.com recently announced the opening of a new Lane Home Furnishings store at 1237 Central Park Drive in O’Fallon, PA. The store owned by Dan Kennedy and Steve Kloss of Kloss Furniture shares a building with a Broyhill Furniture Gallery. __________ The Greensboro News Record ww.news-record.com reported that “next month, at its Fifth Avenue store in New York, the NBA will unveil a line of upscale sports-themed furnishings for the grotto. They include $900 leather club chairs, a vending machine and an LCD TV framed in a choice of jersey colors.” __________ The Greensboro News Record ww.news-record.com, in a February 16th article noted that. “ American furniture makers and some Chinese furniture factories have asked the federal government to investigate the business practices of more than 100 Chinese companies rumored to be flooding the U.S. market with imports at unfair prices.” On the US side, companies such as Vaughan-Bassett are pressing for another review of dumping legislation. They are seeking to increase duties on imported bedroom furniture and on the number of companies affected. On the other hand, Lacquer Craft, the article reported, is now paying 2.66 percent in import taxes, has requested a review to reduce their payments to zero.

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