Thursday, December 4, 2008

Plant Closing #17

From the Daily Journal in Northeast Mississippi:
SHERMAN - When furniture maker and retailer La-Z-Boy announced last month it was going to cut 850 employees company wide, this small community braced for what could happen to the Bauhaus upholstered furniture plant.

It turns out that furniture, especially La-Z-Boy loungers, is another discretionary consumer item being hurt in this downturn.

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