The 2013 Bob's Furniture Golf Outing, an annual event hosted by Bob's Discount Furniture Charitable Foundation and Planned Furniture Promotions, raised a record-breaking $515,000 for charity this week.
The furniture industry rises and falls with the housing market, and lately most sofa and dresser makers have been buoyed by the uptick in home sales.
Furniture Brands International is the notable exception. The Clayton-based company has lost money every year since 2007, and analysts don't see it turning around before 2015.
Specialty bedding retailer Select Comfort (NASDAQ: SCSS) reported net income of $9.9 million in the second quarter ended June 29, a 42 percent decrease from the nearly $17 million net income in the same quarter last year.
Swedish home furnishings retailer Ikea is considering a third store in Israel, this time in Ramallah in the West Bank.
Chairish, a marketplace for buyers and sellers of furniture and home decor, has raised $3.2 million in seed funding, it was announced Thursday.
Columbus, Ohio-based Lombards Fine Furniture has unveiled a redesigned Web site and rebranding effort.
Somerton Dwelling has retained Jena Hall of Jena Hall Designs to develop merchandising and integrated marketing strategies to reposition and rebrand the company.