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From Home Furnishing Business

Choice Furniture Becomes Furniture First Member

The Furniture First Board of Directors has approved Choice Furniture in Plattsburgh, N.Y., as the newest member of the cooperative buying group.

FastFact: B2B E-commerce Follows Same Trend as Retail Furniture Sales

A recent report by the U.S. Census Bureau shows that business-to-business e-shipments within the furniture manufacturing segment represented slightly more than half the total value of the shipments in 2014.

Pier 1 Investor Seeks Immediate Changes to Board

Hedge fund Alden Global Capital, which recently accumulated a 9.5% stake in retailer Pier 1 Imports (PIR), has sent the company a letter requesting immediate representation on the Pier 1 board of directors and criticizing the company for poor operating performance and a “laissez-faire approach to board responsibilities.”

City of Hope to Honor Shah, Conine, Wittenberg in 2017

City of Hope, a world leader in cancer and diabetes research and treatment, said its International Home Furnishings Industry group will honor Wayfair co-founders Niraj Shah and Steve Conine and Klaussner Home Furnishings President and CEO Bill Wittenberg with the 2017 Spirit of Life Award.

Overstock.com Opens Peace Coliseum

E-commerce powerhouse Overstock.com (OSTK) is opening its new corporate headquarters today in the Salt Lake City suburb Midvale, Utah, featuring a 231,000-square-foot main office building known as Peace Coliseum.

Somerton Dwelling Offering Virtual Showroom Tours at Market

Along with welcoming visitors to a brand-new showroom at the upcoming High Point Market, case goods resource Somerton Dwelling is harnessing the power of virtual reality to further enhance the customer experience.

Hall of Fame Issues Final Call for Tickets

Expecting a sellout for the second straight year at its induction ceremonies, the American Home Furnishings Hall of Fame Foundation has issued the final call to purchase tickets for this year’s event, scheduled for Sunday, Oct. 23 at the Sheraton Greensboro Four Seasons.