Sales, earnings increase for most

Article Abstract:

The majority of publicly-traded furniture companies in the U.S. posted higher financial results in their latest fiscal years. Nineteen of the top 26 furniture makers, retailers, and suppliers posted higher net earnings for the fiscal 2002 period.

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Credit outsourcing becomes the norm

Article Abstract:

Furniture retailers depend on securing credit sales to ensure that their businesses run smoothly. Retailers are now turning more and more to third-party financial firms to manage their credit operations.

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Ruling reveals old River Oaks problems

Article Abstract:

The old River Oaks Furniture lost a $1.1 million judgment against accounting and consulting company, BDO Seidman. River Oaks owes BDO the money for work BDO performed for it from 1995 to 1997.

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