March 17,
2017 by Larry Thomas in Industry, Store Openings
Italian furniture producer Calligaris has opened a dedicated retail store in the SoHo district of New York City.
March 17,
2017 by Larry Thomas in Business Strategy, Industry
Furniture, appliance and electronics retailer HHGregg said it has terminated a previously announced agreement with an unnamed party that had offered to purchase substantially all of the assets of the company through its Chapter 11 bankruptcy reorganization.
March 17,
2017 by Larry Thomas in Executive Changes, Industry
Tommy Leflein has been elected the 79th president of the International Home Furnishings Representatives Assn. He was installed earlier this month at IHFRA’s annual board of directors meeting in High Point.
March 17,
2017 by Larry Thomas in Business Strategy, Industry
Directors of Williams-Sonoma (NYSE: WSM), parent company of Pottery Barn and several other retail formats, have approved a 2-cent increase in the quarterly cash dividend, boosting the payout to 39 cents per share.
March 16,
2017 by Larry Thomas in Financial Reports, Industry
Despite a 4.1% drop in comparable-brand revenue at its flagship Pottery Barn brand, retailer Williams-Sonoma (NYSE: WSM) said profits increased 2.5% to $144.6 million or $1.63 per share in the fourth fiscal quarter.
March 16,
2017 by Larry Thomas in Executive Changes, Industry
Twin-Star International, a resource for electric fireplaces, entertainment furniture and related home furnishings products, has been sold to the private equity firm Z Capital Partners and hired Lori Gonzalez as its new CEO.
March 16,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Retailer Williams-Sonoma (NYSE: WSM) said it is reorganizing the leadership team at Pottery Barn following the resignation of Sandra Stangl as president of Pottery Barn Brands.