August 17,
2011 by in UnCategorized 
By Aggregated Content in Markets on August 18, 2011
from http://c.moreover.com/click/here.pl?z5090997451&z=1250249027
Leaders of the Arkansas Homefurnishings Association have partnered with the Tupelo Furniture Market.
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August 16,
2011 by in UnCategorized
By Aggregated Content in Furniture Retailing on August 17, 2011
from http://c.moreover.com/click/here.pl?z5086242428&z=1250249029
The long-running economic downturn and changes in the furniture market have forced the owners of the iconic Lloyd's Furniture shop in Somerville, N.J., to close its store and its sister store and regroup for the future.
The retailers is also closing Lloyd's French Shop on Davenport Street, said owner Jeffrey Silverman. He said he will reopen early next year in the space now occupied by the French shop. He said the two-story, 14,000-square-foot showroom at Main and Davenport will be leased.This was a very quick decision, Silverman said.
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August 16,
2011 by in UnCategorized
By Aggregated Content in Financial Reports on August 17, 2011
from http://c.moreover.com/click/here.pl?z5085640023&z=1250249029
Consumers spent less at Sears Canada last quarter, prompting the department store chain to say Tuesday that it wants to re-energize and provide a better shopping experience across the country.
Sears Canada Inc. suffered a drop in revenue, lower same-store sales and a net loss of $2.7 million or three cents per share for the 13 weeks ended July 30, versus a profit of $20.5 million or 19 cents per share in the same 2010 quarter.
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August 16,
2011 by in UnCategorized
By Home Furnishings Business in Financial Reports on August 17, 2011
Flexsteel Inds. (NYSE: FLXS) reported a 4 percent increase in sales to $338.4 million for its fiscal year ended June 30.
Net income of $10.4 million was off slightly from last year's $10.8 million.
Net sales for Dubuque, Iowa-based Flexsteel's fourth fiscal quarter fell 1.6 percent to $84.2 million. Fourth-quarter net income this year was $3.5 million, down from $4.1 million in the prior year quarter.
For the entire fiscal year, residential net sales were $258.1 million, up 4.9 percent from the prior year; commercial net sales of $81.3 million were up 1.1 percent.
Residential fourth-quarter net sales of $64.4 million were down 2 percent compared with the prior-year quarter; commercial net sales of $19.8 million dipped from $19.9 million in the prior-year quarter.
Click here for Flexsteel's complete release.
August 16,
2011 by in UnCategorized
By Home Furnishings Business in Bedding on August 17, 2011
The U.S. Patent & Trademark Office has issued Boyd Specialty Sleep two new patents for its Sleep Metrics in-store mattress and pillow selection system.
The new patents bring to more than 30 the total number of patented products, components, processes or systems the Boyd Specialty Sleep has developed since its founding in 1977.
The newly issued Patent numbers 7,937,238 and 7,937,239, along with an earlier 2008 patent, enable retailers to help their customers select not only the right mattress but also the right complementary components like sleeping pillows, mattress protectors or massagers.
According to president Denny Boyd, president of St. Louis-based Boyd Specialty Sleep, the "238" patent is directed primarily to pillow selection alone, with mattress criteria either inputted or measured. The new "239" patent relates to mattress selection with pillow criteria. The 2008 Boyd patent (U.S. No. 7,467,058) dealt with mattress selection without requiring pillow criteria.
"Taken together, these patents enable shoppers to quickly and easily find a pillow and/or matching mattress, as well as other bedding products that best fit their sleep characteristics and individual preferences," Boyd said. "The technology also assists retailers in improving their service to customers, increasing the number and quality of their transactions, and reducing or eliminating comfort returns."
The Sleep Metrics process interfaces a diagnostic air mattress with a touch-screen kiosk and computer system to gather specific information on a customer's body type, sleep style and special needs. The Sleep Metrics software processes the customer's responses--including any information from the diagnostic mattress--and generates a list of recommended, complementary products that best meet the shopper's needs.