March 1,
2018 by Larry Thomas in Economic News, Industry
Last year ended on a disappointing note for many furniture manufacturers, as December factory orders fell 9% from December 2016, according to the monthly Furniture Insights survey from the Smith Leonard accounting and consulting firm.
March 1,
2018 by Larry Thomas in Economic News, Industry
Stronger-than-expected sales of mattress and upholstery fabrics led to a 12% sales increase at Culp Inc. (NYSE: CULP) in the quarter ended Jan. 28.
March 1,
2018 by Larry Thomas in Business Strategy, Industry, Store Openings
Morris Furniture has opened its newest store in the Columbus, Ohio market – a two-story structure housing its Morris Home, Ashley HomeStore and Better Sleep Shop formats under one roof.
March 1,
2018 by Larry Thomas in Business Strategy, High Point, Industry, Market
Thirteen new exhibitors are among the 70 manufacturers, suppliers and designers who will showcase their goods in the InterHall temporary exhibit area at the April High Point Market.
February 28,
2018 by Larry Thomas in Economic News, Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) said it expects to report a larger-than-expected net loss of $7.5 million in the fourth quarter due to additional losses on the sale of obsolete inventory.
February 28,
2018 by Larry Thomas in Business Strategy, Designer Weekly, High Point, Industry, Market
Country music star and home furnishings licensor Trisha Yearwood, and consumer futurist Doug Stephens will headline the High Point Market’s Keynote Series in April.
February 28,
2018 by Larry Thomas in Executive Changes, Industry
Valerie Villarreal has been promoted to director of marketing and communications at APRO, the Association of Progressive Rental Organizations.