February 26,
2018 by Larry Thomas in Business Strategy, Industry 
Stanley Furniture (NASDAQ: STLY) has scheduled a special shareholders meeting for March 2 to vote on the proposed sale of substantially all of the company’s assets to an entity headed by Walter Blocker, chairman of the Vietnam Trade Alliance.
February 23,
2018 by Larry Thomas in Executive Changes, Industry
Kim Yost, president and CEO of Art Van Furniture since 2009, announced he would retire from the Michigan-based retailer once a successor is named.
February 23,
2018 by Larry Thomas in Business Strategy, High Point, Industry, Market
Custom upholstery major Décor-Rest is adding motion upholstery and dining room furniture to its product lineup, and is moving to a new showroom in time for the April High Point Market.
February 23,
2018 by Larry Thomas in Industry, Special Events
Veteran sales representatives Ray Isser, Jeffrey Poochigian, Randy Lavercombe and Ron Reyering have been named winners of the Legacy Award from the International Home Furnishings Representatives Assn.
February 23,
2018 by Larry Thomas in Business Strategy, Executive Changes, High Point, Industry, Market
Sean O’Connor, senior vice president of sales at Universal Furniture, and Brad Miller, vice president of international sales at Hooker Furniture, have joined the board of directors of the Furniture Fellowship, sponsor of the annual Furniture Market Prayer Breakfast held during the April High Point Market.
February 22,
2018 by Larry Thomas in Economic News, Industry
E-commerce powerhouse Wayfair (NYSE: W) said fourth-quarter revenues shot up 46.2% to $1.44 billion, but its net loss grew by more than 65% due largely to increased advertising costs and greater selling and operating expenses.