Members of the Williams-Sonoma portfolio of brands, Pottery Barn, Pottery Barn Kids and PBteen are entering into an exclusive home décor partnership with renowned resort-wear brand Lilly Pulitzer. The line is expected to debut in March.
Wayfair has announced its fourth annual Tastemaker Awards to celebrate excellence and innovation in design. For a limited time, Wayfair Professional members based in the U.S. and select provinces in Canada are invited now through March 9 to submit their design projects by logging into their free business account and uploading their portfolio to the exclusive Design Gallery. One winner will be recognized per category.
The eighth annual Sherwin-Williams Student Design Challenge is continuing to accept submissions for residential and commercial projects through March 15. The competition celebrates emerging talent and gives students a chance to be nationally recognized for their work with cash prizes up to $2,500, including $1,000 for their design school.
Veteran Levin Furniture executive Chris Pelcher has been named executive vice president and general manager of the Levin Furniture and Wolf Furniture brands, which were acquired by Art Van Furniture last fall.
Atlanta-based Havertys (NYSE: HVT) reported lower fourth-quarter sales and earnings, as sluggish store traffic hampered the top line and recent changes in federal tax laws hurt the bottom line.
La-Z-Boy (NYSE: LZB) said sales rose 6.1% to $413.6 million in the quarter ended Jan. 27, but earnings were nearly sliced in half by one-time charges stemming from recently-enacted changes in federal tax law.
A $77.5 million gain from the recently-enacted tax law helped struggling Rent-A-Center (NASDAQ: RCII) show a fourth-quarter profit of $34.8 million or 65 cents per share.