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From Home Furnishing Business

Children’s Dresser Sold at Rooms to Go Recalled for Tip-Over Hazard

Mill Valley Jr. six-drawer youth dressers sold exclusively at Rooms To Go have been recalled due to tip-over and entrapment hazards. The dressers violate the performance requirements of the STURDY Act.

Smith Leonard Releases April Insight Report

Smith Leonard released their monthly report and in April Insight’s it was reported that new orders were up 7% in February 2024 compared to February 2023, resuming the streak with 8 out of 9 straight months with order growth over the prior year after the decline in January. New orders were also up 5% over January 2024.

Beyond, Inc. Expands AI Customer Service Investment

Beyond, Inc., owner of ecommerce brands Bed Bath & Beyond, Overstock and Zulily, announced an expanded investment in Salesforce, the #1 AI CRM, to drive greater customer loyalty and deliver more personalized shopping experiences for their customers across all the company’s brands.

Wayfair, Inc. Reports First Quarter Financial Results

Wayfair Inc., one of the world's largest destinations for the home, reported financial results for its first quarter ended March 31, 2024.

Beyond, Inc. Announces Addition to Key Leadership Positions

Beyond, Inc., owner of online retail giants Bed Bath & Beyond, Overstock and Zulily, announced the addition and appointment of several key leaders to its team:

Havertys Announces First Quarter Operating Results

HAVERTYS, announced an increase to its quarterly dividend (the 12th consecutive annual increase) and reported operating results for the first quarter ended March 31, 2024.

Culp, Inc. Announces Restructuring Plan with Updated Outlook

Culp, Inc. announced a major restructuring plan designed to reduce costs, improve asset utilization, and drive performance and profitable growth. This plan, which is being implemented primarily in the company’s mattress fabrics segment and, to a lesser extent, in its upholstery fabrics segment, includes the following strategic actions:

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