Over the next six years, the 55-to-64-year-old age group will continue to grow and will continue to increase in the number of furniture buying households.
Home furnishings retailer Conn's Inc. (NASDAQ: CONN) reported net income of $17.7 million for the second quarter ended July 31 compared to $19.2 million reported in the second quarter of last year.
A private equity firm has invested in Aurora Brands, owner of home furnishings suppliers MacKenzie-Childs and Jay Strongwater.
Furniture Row specialty brand Denver Mattress Co. is opening a second location in Colorado Springs.
Indiana Furniture & Mattress has opened a dedicated bedding store, Indiana Mattress, in Valparaiso, Ind.
June furniture orders rose 5 percent compared to the same month last year, according to the latest Furniture Insights report.
Bedding retailer Mattress Firm Holding Corp. (NASDAQ:MFRM) plans to buy Back to Bed, M World Mattress MCStores and TBE Orlando adding 135 store fronts to the company's portfolio.