Ethan Allen cutting staff
Home furnishings company Ethan Allen Interiors has laid off 70-80 workers at its manufacturing plant here, citing the economic slowdown. topix.com |
Select Comfort to Sell Exclusively in Company-Owned Stores
Minneapolis-based bedding manufacturer and retailer Select Comfort announced it will no longer sell its products to non-company-owned mattress retailers, according to Furnituretoday.com. The producer of the Sleep Number bed said the decision was part of its effort to reignite the Sleep Number brand and focus on its company-owned retail stores. topix.com |
Fitch Affirms Masco's IDR at 'BB+'; Outlook to Stable
Fitch Ratings has affirmed Masco Corporation's ratings as follows. --Issuer Default Rating at 'BB+'; --Senior unsecured notes at 'BB+'; --Unsecured bank credit facility at 'BB+'. The Rating Outlook has been revised to Stable from Negative. topix.com |
Zacks Analyst Blog Highlights: Weyerhaeuser, Masco Fortune Brands, D.R. Horton and Beazer Homes
The silver lining is that most of the decline was due to the extremely volatile apartment and condo segment of the market.A Starts in buildings of five or more units plunged 19.3% to an annual rate of 88,000 in June from 109,000 in May and 8.3% lower than in June of 2009. topix.com |
Currents: A New Acapulco Chair
A refined version of an old classic, the Acapulco chair, as imagined by two designers. nytimes.com |