No Federal Stimulus Money Available for U.S. Furniture Industry

But Mississippi congressman vows to help protect jobs

TUPELO, Miss. — Mississippi furniture industry leaders learned Tuesday that there’s no federal stimulus money available for the industry, but got a promise of support from a congressman, according to the Northeast Mississippi Daily Journal.

About 50 industry leaders met with Rep. Travis Childers, D-Miss., who told . . . → Read More: No Federal Stimulus Money Available for U.S. Furniture Industry

Tax Incentives Proposed for Home Furnishings Purchases

Bill would give deductions, credits to consumers, retailersFurniture Today, July 31, 2009

Two Georgia congressmen have filed a bill that would give a variety of income tax deductions and credits to consumers and retailers who purchase home furnishings and building products.

Known as the Home Improvements Revitalize the Economy (Hire) Act of 2009, . . . → Read More: Tax Incentives Proposed for Home Furnishings Purchases

NJ furniture store owner gets 5-year sentence

FREEHOLD, N.J. – The owner of a New Jersey furniture business has been sentenced to five years in state prison for scamming NJ furniture store owner gets 5-year sentence

Prosecutors say 62-year-old William C. Neumann Jr. of Leonardo received orders and took deposits through his Cabbage Rose store in Fair Haven and an Internet business, . . . → Read More: NJ furniture store owner gets 5-year sentence

Ikea to Donate $48 Million

UNITED NATIONS – Ikea plans to donate $48 million to UNICEF to help poor children in India, according to an MSNBC report.

The donation will support programs aimed at improving the health and survival of women and children. It makes the retailer the biggest corporate partner of UNICEF, with total commitments of more than $180 . . . → Read More: Ikea to Donate $48 Million

Car Plows Into Furniture Store

SPRINGFIELD, Mo. — A car veered off a freeway here and plowed into Indigo Imports Furniture and Mattress, causing damage that a local television report likened to a tornado or a bomb.

David Keller, owner of the store, said the accident happened before the store opened Sunday so it was unoccupied. However, there was extensive . . . → Read More: Car Plows Into Furniture Store