ScS share plunge underlines chilling downturn in furniture sales
Shares in ScS Upholstery, the furniture retailer, plunged almost 40pc today after the store group said that an unnamed credit insurer had stopped offering cover to a number of suppliers who sell sofas to the retailer.
The announcement, which relates to a technical aspect of the supply chain, is chilling evidence of the steep downturn in [...]
Longoria keeps furniture moving
After delivering furniture for more than three decades, Gus Longoria decided four years ago to get into the Furniture sales end of the business, so he purchased California Furniture Liquidators in Salinas.
During all the years he was delivering furniture, the Longoria, who lives in the foothills east of Salinas, said he hoped to one day [...]