March 21,
2017 by Larry Thomas in Designer Weekly, Furniture Retailing, Industry, Store Openings
High-end resource Theodore Alexander has opened a renovated and expanded showroom in the New York Design Center at 200 Lexington Ave.
March 20,
2017 by Larry Thomas in Economic News, Industry
Fourth-quarter bedding sales totaled $3.3 billion, an increase of 3.4% from the same quarter in 2015, according to research by Impact Consulting Services, parent company of Home Furnishings Business.
March 20,
2017 by Larry Thomas in Furniture Retailing, Industry, Las Vegas, Market
Retailer Walker Furniture has confirmed plans to build a second "superstore" in the Las Vegas market, and said it hopes to break ground for the facility in September or October.
March 17,
2017 by Larry Thomas in Industry, Store Openings
Italian furniture producer Calligaris has opened a dedicated retail store in the SoHo district of New York City.
March 17,
2017 by Larry Thomas in Business Strategy, Industry
Furniture, appliance and electronics retailer HHGregg said it has terminated a previously announced agreement with an unnamed party that had offered to purchase substantially all of the assets of the company through its Chapter 11 bankruptcy reorganization.
March 17,
2017 by Larry Thomas in Executive Changes, Industry
Tommy Leflein has been elected the 79th president of the International Home Furnishings Representatives Assn. He was installed earlier this month at IHFRA’s annual board of directors meeting in High Point.
March 17,
2017 by Larry Thomas in Business Strategy, Industry
Directors of Williams-Sonoma (NYSE: WSM), parent company of Pottery Barn and several other retail formats, have approved a 2-cent increase in the quarterly cash dividend, boosting the payout to 39 cents per share.