February 23,
2017 by Larry Thomas in Financial Reports, Industry
E-commerce powerhouse Wayfair Inc. (NYSE: W) said fourth-quarter revenue leaped 33.1% to $984.6 million, but the retailer’s net loss more than doubled to $44 million.
February 23,
2017 by Larry Thomas in Business Strategy, Industry
Chromcraft Revington Douglas Inds., a bedroom, dining room and occasional furniture resource, has purchased a 345,000 square-foot factory and distribution center in Sardis, Miss.
February 23,
2017 by Larry Thomas in Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) reported a fourth-quarter net loss of $301,000 or 2 cents per share as the company continued to experience delays receiving product from a key factory in Vietnam.
February 23,
2017 by Larry Thomas in High Point, Industry, Market, Special Events
The High Point Market Authority said 26 exhibitors have signed on as sponsors for next month’s Premarket, which takes place March 13-14.
February 23,
2017 by Larry Thomas in Business Strategy, Industry
A.R.T. Furniture said its popular Epicenters collection and the tagline, "Where Style is Born,” have been issued federal registrations by the United States Trademark Office.
February 22,
2017 by Larry Thomas in Financial Reports, Industry
La-Z-Boy (NYSE: LZB) said sales edged up 1.6% to $390 million in the quarter ended Jan. 28, but profits jumped more than 6% due largely to improved operating margins in its wholesale upholstery business.
February 22,
2017 by Larry Thomas in Financial Reports, Industry
Atlanta-based retailer Havertys (NYSE: HVT) ended 2016 on a high note, recording a 19.2% jump in fourth-quarter net income on 2.2% sales increase.