December 7,
2017 by Larry Thomas in Economic News, Financial Reports, Industry 
Hooker Furniture (NASDAQ: HOFT) reported a double-digit profit increase in the quarter ended Oct. 29 as sales rose 8.7% to $157.9 million.
December 7,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Heritage Home Group has reorganized itself into three brand-driven business units with dedicated leadership teams, including one headed by longtime industry executive Harvey Dondero.
December 7,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Buoyed by improvements in its long-suffering credit business, retailer Conn’s Inc. (NYSE: CONN) recorded a profit of $1.57 million or 5 cents per share in the quarter ended Oct. 31.
December 7,
2017 by Larry Thomas in Executive Changes, Industry
Upholstery and case goods resource A.R.T. Furniture has promoted one executive and hired two others as it continues to expand its staff.
December 7,
2017 by Larry Thomas in Business Strategy, Industry
Performance fabric producer Crypton said it successfully completed the transition of Nanotex fabric finishes to its plant in Kings Mountain, N.C., more than a month ahead of schedule.
December 6,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Steinhoff International, (FRANKFURT: SNH) the South African furniture manufacturer and retailer that acquired bedding retail giant Mattress Firm last year, said CEO Markus Jooste has resigned and the company has launched an investigation into possible “accounting irregularities.”
December 6,
2017 by Larry Thomas in Business Strategy, Economic News, Financial Reports, Industry
Retailer RH (NYSE: RH) said third-quarter profits leaped to $13.2 million or 56 cents per share as the company began to reap the benefits of a new membership business model and streamlined operations.