Tuesday Morning, a close out retailer specializing in home-related name brand gifts, home furnishings, housewares and more, announced on its Web site that it will no longer be selling merchandise online. The company stated that the nature of the closeout business and focus on the "treasure hunt" in stores was the reason for the change.
After announcing a net loss of $21.5 million for its second quarter ended December 31, 2012, Brady Churches, Tuesday Morning president and CEO, stated that the 850 brick and mortar store company should anticipate "a major revitalization across every facet of our operations."
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Source: Homeworld Business
Self-help is not a way of saving labor in Ikea's style of warehouse stores. The concept of customers helping themselves to their merchandise reflects the retailer's southern Swedish roots of team effort in order to reduce the costs, self-reliance and reduction of unnecessary frills.
The global home furnishings retailer founded by 87-year-old Ingvar Kamprad has united disparate cultures worldwide with one cleanly designed aesthetic for furniture. This aesthetic also is applied to the multitude of other accessories that the company produces for itself or under exclusive arrangements with other companies that it may own.
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Source: Retail Merchandiser
Furniture supplier Flexsteel Inds. (NASDAQ: FLXS) reported net income of $13.2 million for the year ended June 30, compared to $13.1 million for the same period last year.
Furnitureland South is set to open a state-of-the-art Design Center with sophisticated new high-tech tools and unique high end-styled, spa-inspired services.
Mattress and bedding retailer Sleepy's celebrated expansion into the Chicago market last Friday with a grand opening event.
The International Casual Furnishings Association has named its 2013 Manufacturer Leadership Award winners.
State Rep. John Kuempel has recognized Starcke Furniture Co. of Seguin with a Texas Treasure Business Award from the Texas Historical Commission.