February 20,
2017 by Larry Thomas in Economic News, Industry 
A slight drop in existing home sales in the third quarter was more than offset by a 23.1% gain in sales if new single-family homes, according to data from the National Association of Realtors.
February 20,
2017 by Larry Thomas in Industry, Store Openings
Bassett Furniture Inds. (NASDAQ: BSET) has opened a new retail store in Garden City, N.Y., the company’s 10th Bassett Home Furnishings store in the New York City market and one of at least four new retail stores planned for 2017.
February 20,
2017 by Larry Thomas in Bedding, Business Strategy, Industry, Mattresses, Product
Reverie, a producer of adjustable beds, mattresses and pillows, said it will open an Innovation Center in the Greater Buffalo, N.Y., area later this year that will serve as the central production facility for its adjustable power bases.
February 20,
2017 by Larry Thomas in Business Strategy, High Point, Industry, Market
The High Point Market Authority has again partnered with Soft Design Lab for the development of a new buyer tour for Spring Market, April 22-26.
February 17,
2017 by Larry Thomas in Business Strategy, Industry
Retailer Furniture Row, which focuses on promotional to middle price points at its more than 330 locations in 31 states, will soon open a 170,000-square foot store in its hometown of Denver that specializes in upper-end goods.
February 17,
2017 by Larry Thomas in Financial Reports, Industry
Despite the strong performance of its Progressive Finance business, lease-to-own major Aaron’s Inc. (NYSE: AAN) said fourth-quarter revenues slipped 3.2% to $795 million and profits were essentially even with the previous year’s fourth quarter.
February 17,
2017 by Larry Thomas in Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) said it has been notified by the NASDAQ Stock Market that is shares could be de-listed because the price has been below $1 per share for more than 30 consecutive business days.