Sparks Fly in U.S. Furniture Industry Over Antidumping Petition on Bedroom Furniture From China
Last week two retail furniture chains announced that they would stop buying goods from American furniture makers who are supporting the antidumping petition on wooden bedroom furniture from China. American Furniture Warehouse Co. Inc., based in Englewood, Colo., which has nine stores across Colorado, and Columbus, Ohio-based Value City Furniture, which has 80 stores across the East Coast and Midwest, have indicated that they would no longer buy bedroom sets from companies supporting the antidumpoing petition against China. Wickes Furniture, a 40-store chain in the Midwest, has also recently stopped buying from a major U.S. furniture manufacturer.
These decisions will have a significant bottom-line impact on U.S. furniture manufacturers, such as Vaughan-Bassett Furniture Co., Hooker Furniture Corp. and La-Z-Boy Inc., all of which are supporting the antidumping petition.