KRAUSES FURNITURE INC
8-K, 1997-12-03
HOUSEHOLD FURNITURE
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<PAGE>   1

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549



                                    FORM 8-K

                                 CURRENT REPORT


                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934




       DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): NOVEMBER 28, 1997




                            KRAUSE'S FURNITURE, INC.
                            ------------------------
             (Exact name of registrant as specified in its charter)


        Delaware                        0-17868                77-0310773
- --------------------------------------------------------------------------------
(State or Other Jurisdiction       Commission File No.      (I.R.S. Employer
     of Incorporation)                                      Identification No.)



200 North Berry Street, Brea, California                        92821-3903 
- --------------------------------------------------------------------------------
(Address of principal executive offices)                        (Zip Code)



                                 (714) 990-3100
- --------------------------------------------------------------------------------
              (Registrant's telephone number, including area code)












<PAGE>   2



                      INFORMATION TO BE INCLUDED IN REPORT


ITEM 5. OTHER EVENTS

        Form S-1 Registration Statement

See press release attached as Exhibit 99.1.


ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

        (a)  Financial Statements of Businesses Acquired.

             Not applicable.

        (b)  Pro Forma Financial Information.

             Not applicable.

        (c)  Exhibits.

             An exhibit filed with this report is identified in
             the Exhibit Index at Page 4.










                                       2



<PAGE>   3


                                   SIGNATURES

         Pursuant to the requirements of the Securities and Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.


                                          KRAUSE'S FURNITURE, INC.
                                          (Registrant)


Date:    December 3, 1997                 /s/ ROBERT A. BURTON
                                          --------------------------------------
                                          Robert A. Burton
                                          Senior Vice President and Chief 
                                          Financial Officer
                                          (Principal Financial Officer and 
                                          Principal Accounting Officer)












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<PAGE>   4

                                  EXHIBIT INDEX


Exhibit
  No.                 Description
- -------               ---------------------------------------------
 99.1                 Text of Press Release dated November 28, 1997














                                       4


<PAGE>   1



                                  EXHIBIT 99.1



                       Copyright 1997 Business Wire, Inc.
                                  Business Wire

                            November 28, 1997, Friday


DISTRIBUTION: Business Editors

HEADLINE: Krause's Furniture Anticipates Filing Form S-1 Registration Statement

DATELINE: Brea, California

BODY:

         November 28, 1997--Krause's Furniture, Inc. (Nasdaq: SOFA) today
announced that it expects to file a Form S-1 registration statement with the
Securities and Exchange Commission on behalf of a selling shareholder for a
proposed public offering of approximately 2.1 million shares of the Company's
common stock. The Company is considering including up to an additional 1.4
million shares of newly issued common stock in the offering.

The registration statement is expected to be filed by late December, but there
can be no assurance that this timetable will be met.

Krause's Furniture, Inc. is a leading manufacturer and retailer of
custom-crafted furniture which it sells under the names KRAUSE'S and CASTRO
CONVERTIBLES through 81 company-owned retail showrooms in 12 states.


CONTACTS:   Eugene G. Heller/Philip Bourdillon
            Silverman Heller Associates  (310) 208-2550




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