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From Home Furnishing Business

Stanley Elects New Board Members

Stanley Furniture (NASDAQ: STLY) has named Justyn Putnam to its board of directors, essential avoiding a proxy battle. 

Loloi Names Product Development Director

Steve Sorrow has been named director of product development for rug and accessories supplier Loloi

Havertys Reports 4Q Sales of $215.9M

Havertys (NYSE: HVT) reported fourth quarter sales of $215.9 million, an increase of 1.4 percent compared to $213 million from the same period last year.

Conn’s Posts $137.5M Sales in December

Furniture, mattress and appliances retailers Conn’s (NASDAQ: CONN) reported $137.5 million in retail sales for the month ended Dec. 31, a 2.5 percent increase compared to the same month last year.

Heritage Home Group Names Chief Merchandising Officer

Regan Iglesia has been named chief merchandising officer for Heritage Home Group in a move that will combine the company's merchandising and marketing teams under one executive.

Hudson’s Bay to Buy Gilt for $250M

Hudson’s Bay Co. (TSX: HBC) will buy online retailer Gilt Groupe in a $250 million cash deal.

Macy’s to Cut Costs, Jobs

On the heels of a disappointing holiday season, department store Macy’s (NYSE: M) will eliminate 4,500 positions and close 36 stores this year under a plan to turn around the company.

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