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In 1966, the company changed its name to Interco as the result of diversification, and once the company exited the shoe business, adopted the name Furniture Brands International. Some of the brands it owned in the furniture industry included Broyhill, Thomasville, Drexel Heritage, Henredon, Hickory Chair, Pearson, Laneventure, and Maitland-Smith.
United Furniture Industries Inc. signed an agreement to buy Lane Company by the end of 2017. [14] Heritage sold Lane Ventures to Bassett Furniture Industries for $15.1 million in December 2017. [15] Heritage announced the formation of the three business units. Harvey Dondale would be president of Broyhill, a position he held from 2005 to 2007.
They also added furniture and mattresses to their product line. Business began to decline in 2001, and they were forced to close their 22,000 sq. ft. showroom location. [4] After nearing bankruptcy in 2008, the company launched its eCommerce website Number1Direct.com in 2009, which was successful and grew over the next few years.
The HON Company designs and manufactures office furniture including chairs, cubicals, tables, desks and education furniture. Headquartered in Muscatine, Iowa , it has manufacturing facilities located throughout the United States and China, and sells its products through a nationwide network of dealers and retailers.
In 1964, Armstrong bought Phoenix Chair Company, following up with Founders Furniture Company in 1965, Western Carolina Furniture Company in 1966, and both Thomasville Furniture and Caldwell Furniture in 1968. In the 1970s, they expanded with a low-end bedroom-furniture line.
The company also bought the L. Fish furniture chain in the Chicago area; those stores were closed in 1999. [ 1 ] Heilig-Meyers filed for Chapter 11 bankruptcy on August 17, 2000, [ 2 ] and subsequently announced the liquidation of its inventory, with all of their stores closing by mid-2001. [ 3 ]
The company was founded in Lebanon, Pennsylvania, in 1910 by Richard Levitz. [1]In the 1960s, Levitz, expanded by Richard's sons Leon and Ralph, successfully pioneered the sales of moderately priced brand-name furniture from a warehouse-style store. [2]
RC Willey was founded in 1932 in Syracuse, Utah, then a farming community.. In 1932 Rufus Call Willey began selling Hotpoint Brand appliances door-to-door in Syracuse, Utah. . Employed by the local electric company, he first started selling appliances from the back of his pick-up truck on the side as he made his rou