Gene Stoltz, a longtime executive at Altoona, Pa.-based Wolf Furniture, said he is resigning as the company’s president.
Bassett Furniture Inds. (NASDAQ: BSET) said sales rose 3.9% to $118.2 million in the fiscal fourth quarter, but net income slipped 1.4% as the company began an aggressive expansion of its retail store network.
Simba, a U.K.-based producer of mattresses, adjustable beds and related sleep products primarily for e-commerce, has signed a distribution agreement with Canadian importer Primo International covering North and South America, Mexico and the Caribbean.
Raffel Systems, a designer and manufacturer of electronic controls for furniture and bedding, has hired mattress industry veteran Neal Grigg as its bedding specialist.
Last-mile home delivery provider Diakon Logistics has promoted Tom Hessler to vice president of operations.
Las Vegas Market announced that four exhibitors – Arcadia Home, Home Trends & Design, Pebble and Yumajai – are winners of its seventh annual Global Goodness Awards, recognizing furniture, home décor and gift companies for environmentally-friendly, sustainable and socially-responsible activities.
Perq, a provider of research and software related to online consumer engagement and behavior, has become a service partner for the Furniture First buying group.