February 21,
2018 by Larry Thomas in Business Strategy, Executive Changes, Industry
Veteran Levin Furniture executive Chris Pelcher has been named executive vice president and general manager of the Levin Furniture and Wolf Furniture brands, which were acquired by Art Van Furniture last fall.
February 21,
2018 by Larry Thomas in Business Strategy, Economic News, Industry
Atlanta-based Havertys (NYSE: HVT) reported lower fourth-quarter sales and earnings, as sluggish store traffic hampered the top line and recent changes in federal tax laws hurt the bottom line.
February 21,
2018 by Larry Thomas in Economic News, Industry
La-Z-Boy (NYSE: LZB) said sales rose 6.1% to $413.6 million in the quarter ended Jan. 27, but earnings were nearly sliced in half by one-time charges stemming from recently-enacted changes in federal tax law.
February 21,
2018 by Larry Thomas in Economic News, Industry
A $77.5 million gain from the recently-enacted tax law helped struggling Rent-A-Center (NASDAQ: RCII) show a fourth-quarter profit of $34.8 million or 65 cents per share.
February 21,
2018 by Larry Thomas in Industry, Special Events
Emmet Root, a furniture industry sales representative for more than 60 years, has been named winner of the 2018 Icon Award from the International Home Furnishings Representatives Association.
February 20,
2018 by Larry Thomas in Community / Charitable Support, Industry, Obituaries
With an assist from Frank Sinatra and Dean Martin, Art Van Furniture has produced a video tribute to its founder, Art Van Elslander, who died Feb. 12 at age 87.
February 20,
2018 by Larry Thomas in Business Strategy, Industry, Special Events
The spring edition of the China International Furniture Fair (CIFF), which describes itself as the world’s largest furniture exhibition, will take place in two phases this year in Guangzhou from March 18-21 and March 28-31.