Home furnishings retailer Ikea plans to raise its minimum wage for workers at all of its U.S. stores to align the pay scale with the MIT Living Wage Calculator.
Stanley Furniture is featured in a story by the Wall Street Journal that examines the challenges companies face when looking to boost domestic production.
Online retailer One Kings Lane is undergoing a restructuring. As part of that, the retailer has let 79 employees go and shuttered its Hunters Alley shop.
Consumers are more confident than they have been since Jan. 2008 prior to when the big recession hit full force.
Word has leaked that Restoration Hardware is the company negotiating to build a 1.5 million-square-foot warehouse and distribution center in west Patterson, which is expected to create hundreds of jobs in Stanislaus County, Calif.
Michael Amini, chairman and CEO of Amini Innovation Corp., has been awarded an honorary doctorate degree at City of Hope’s 16th commencement ceremony of the Irell & Manella Graduate School of Biological Sciences.
Furniture Classics Ltd., a wholesaler of mostly wood antique reproduction home furnishings, plans to move its Granby Street headquarters to its warehouse at 835 Philpotts Road in Norfolk, Va.