February 20,
2025 by Karen Parrish in Business Strategy, Industry 
Wayfair Inc., the destination for all things home, reported financial results for its fourth quarter and full year ended December 31, 2024.
February 20,
2025 by Karen Parrish in Business Strategy, Industry
With over 86 million downloads globally, IKEA is once again redefining the home shopping experience by unveiling several innovative features on its mobile app. The enhancements will create a more seamless, personalised, and inspiring shopping journey, strengthening the IKEA position as a leader of life at home. These latest updates reaffirm the company’s dedication to innovation and customer-centric solutions, ensuring that every shopping journey – whether online or in-store – is more intuitive, efficient, and more enjoyable than ever before.
February 20,
2025 by Karen Parrish in Business Strategy, Industry
Crate & Barrel debuts a new, exclusive collaboration with award-winning celebrity interior designer Brigette Romanek. Designed to create a moment of exhale in any room, the 54-piece collection celebrates Brigette's serene design ethos through playful curves, a range of organic textures and a soothing, California-inspired palette.
February 20,
2025 by Karen Parrish in Business Strategy, Industry
As previously announced, Tempur Sealy International, Inc. changed its name to Somnigroup International Inc. effective February 18, 2025. The Company announced financial results for the fourth quarter and year ended December 31, 2024. The Company also issued financial guidance for the full year 2025, which reflects the previously announced acquisition of Mattress Firm.
February 20,
2025 by Karen Parrish in Business Strategy, Industry
Canadian mattress brand, Endy has launched two new mattresses, enhancing its collection to include options for every type of sleeper. The Endy Firm Mattress and Endy Hybrid Firm Mattress are the brand's firmest options yet, expertly designed to support back and stomach sleepers, while still feeling cozy and comfortable. Endy's assortment already includes Medium-Firm and Plush mattresses, all made right here in Canada. The addition of Firm ensures there's a perfect fit for everyone.
February 19,
2025 by Karen Parrish in Business Strategy, Industry
Fiscal 2025 Third Quarter Highlights:
— Consolidated delivered sales of $522 million
Up 4% versus prior year
— Operating margin on a GAAP and Non-GAAP basis improved 20 basis points versus prior year
— GAAP and Non-GAAP(1) diluted EPS of $0.68
— Delivered sales and Non-GAAP(1) operating margin at high end of guidance range
— Retail segment sales increased 11%
— Fueled by same-store sales growth and independent La-Z-Boy Furniture Galleries® acquisitions, along with new stores
— Retail added three newly opened stores, and two newly acquired independent La-Z-Boy Furniture Galleries® stores, with one closure; and announced an additional two-store acquisition expected to close in the fourth quarter
La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, today reported strong third quarter results for the period ended January 25, 2025. For the quarter, sales totaled $522 million, growing 4% against the prior year comparable period. Operating margin was 6.7% for the quarter on a GAAP basis and 6.8% on a Non-GAAP(1) basis. Diluted earnings per share totaled $0.68 on a GAAP and Non-GAAP(1) basis. The company returned $90 million to shareholders year-to-date, up approximately 40% versus the prior year comparable period.
February 19,
2025 by Karen Parrish in Business Strategy, Industry
The American Home Furnishings Alliance has rescheduled its 2025 Marketing Conference to Aug 27-28 due to a winter storm impacting North Carolina and several surrounding states.