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From Home Furnishing Business

La-Z-Boy Posts $9.6M Profit in 1Q

Buoyed by a 6 percent rise in total sales, furniture maker La-Z-Boy Inc. on Tuesday reported a fiscal first quarter profit of $9.6 million, or 18 cents per share, up 118 percent from $4.4 million, or 8 cents per share, for the same period a year ago.

The Monroe-based company, which makes the iconic La-Z-Boy recliner, said its quarterly sales totaled $318.9 million, compared with $301.5 million a year earlier.
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Source: Toledoblade.com

Furniture Designer Charles Pollock Killed in Fire

Furniture designer Charles Pollock, 83, was killed in a house fire at his home in the New York City borough of Queens.

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Source: Newsday

Cort Opens DC in Omaha, Neb.

Furniture rental retailer Cort Business Services has opened a customer service and distribution center in Omaha, Neb. 

Port 68, Scalamandré Team for License

Lighting, decor and accents vendor Port 68 has teamed high-end textile source Scalamandré for a licensed line of lighting, accessories and accent upholstery.

Internet Retailer Moves Focus to Furniture

Internet retailer Livingincomfort.com is moving into furniture.

Report: Furniture Brands Weighs Alternatives

Troubled furniture maker Furniture Brands has tapped restructuring lawyers and advisers to examine options to deal with its debt load, including the possibility of bankruptcy, according to a news report.

News reports say the advisers are examining several alternatives and the situation is still fluid, according to unnamed sources familiar with the matter.

Clayton-based Furniture Brands did not immediately respond to a request for comment.

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Source: STLtoday.com

 

City Opens W. Palm Ashley Furniture Homestore

City Furniture has opened its "green" Ashley Furniture Homestore in W. Palm Beach, Fla.

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