Havertys (NYSE: HVT) today reported sales for the quarter ended March 31, 2018.
Hooker Furniture (NASDAQ: HOFT) reported consolidated net sales of $620.6 million and net income of $28.6 million, or $2.44 per diluted share, for its fifty-two-week fiscal year that ended on January 28, 2018.
Podium, a customer communication platform for local businesses, today announced a strategic partnership with Profit Systems, a provider of retail software solutions for the furniture industry.
Geographical spread of the American Population has transformed the U.S. into Big and Small America, a term coined by the U.S. Census Bureau.
Data from the annual Consumer Expenditure Survey from the Bureau of Labor Statistics show that age and generation play a major part in consumer spending.
Sleep product manufacturer Soft-Tex International’s mattress division has more than doubled in 3 years seeing a unit sales growth of 102% in memory foam, bed-in-a-box mattresses comparing 2015 to 2017 results.
At a fraction of the population size of Baby Boomers and Millennials, Generation X is the top contributor in household spending – most importantly furniture spending.