September 29,
2017 by Larry Thomas in Economic News, Industry 
Bassett Furniture Inds. (NASDAQ: BSET) said profits jumped 9.9% in the quarter ended Aug. 26 on a 9.1% increase in sales.
September 29,
2017 by Larry Thomas in Executive Changes, Industry
La-Z-Boy (NYSE: LZB) said Louis M. (“Mike”) Riccio Jr. the company’s senior vice president and chief financial officer since 2006, will retire in June 2018 after the company completes its fiscal 2018 year-end reporting.
September 28,
2017 by Larry Thomas in Executive Changes, Industry
Scott Smith, a 25-year furniture industry veteran who most recently was president of Caracole, has been named executive vice president of Vanguard Furniture.
September 28,
2017 by Larry Thomas in Economic News, Industry
Pier 1 Imports (NYSE: PIR) said sales edged up 0.4% to $407.6 million in the quarter ended Aug. 26, but the retailer’s net loss nearly doubled from the same quarter last year.
September 28,
2017 by Larry Thomas in Business Strategy, High Point, Industry, Market
Abbyson is dramatically expanding its case goods lineup at next month’s High Point Market by adding more than 500 SKUs of bedroom, dining room, bar and occasional furniture.
September 28,
2017 by Larry Thomas in Executive Changes, Industry
Accent furniture resource Global Views has hired Paul Watson as vice president of business development and member of the company’s executive leadership team.
September 28,
2017 by Larry Thomas in Acquisition, High Point, Industry, Market
The High Point Market Authority has purchased four kinetic art sculptures in downtown High Point that have been on loan from the artists since early 2016.