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Hall of Fame Opens Nominations for 2018 Inductees

The American Home Furnishings Hall of Fame is now accepting nominations for its 2018 induction class.

Steinhoff Interim CEO Quits Amid Accounting Scandal

Mattress Firm parent Steinhoff International (FRANKFURT: SNH) said its chairman and interim CEO, Christo Wiese, has resigned from the supervisory board to avoid a possible conflict of interest in the wake of an accounting scandal that already has caused the resignation of CEO Markus Jooste.

Surya Names Rob Rosenquist to Key Sales Post

Rug and home décor resource Surya has named Rob Rosenquist as vice president of sales.

Foundation Awards 2nd Grant to CVCC Furniture Academy

The Furniture Foundation, a research and education fund administered by the American Home Furnishings Alliance, has awarded a second 2017 grant to support the Catawba Valley Community College Furniture Academy in Hickory, N.C.

William Savage Gets New Global Sourcing Post at Pier 1

Home furnishings and décor retailer Pier 1 Imports (NYSE: PIR) has named William Savage to the newly created position of executive vice president of global sourcing.

Pier 1 Q3 Sales, Earnings Fall; Retailer Cuts Full-Year Profit Estimate

Home furnishings and décor retailer Pier 1 Imports (NYSE: PIR) said sales slipped 1.4% to $469.2 million in the fiscal third quarter, but earnings fell by more than 45% due to heavier-than-normal promotions and the effects of Hurricanes Harvey and Irma.

Mattress Firm Parent Steinhoff Will Revise 2016 Financials

Mattress Firm parent Steinhoff International (FRANKFURT: SNH), whose CEO resigned last week amid an accounting scandal, said it will have to restate its financial statements for fiscal year that ended Sept. 30, 2016.