January 30,
2017 by Larry Thomas in Business Strategy, Industry
Art Van Elslander doesn’t plan to get back in the furniture business, but the founder of Art Van Furniture plans to remain active in new for-profit and not-for-profit ventures, according to a story in Crain’s Detroit Business
January 27,
2017 by Larry Thomas in Financial Reports, Industry
Struggling retailer HH Gregg (NYSE: HGG) said its net loss more than doubled in the quarter ended Dec. 31 as sales fell 23.7% to $452.8 million.
January 27,
2017 by Larry Thomas in Business Strategy, Industry
Rent-to-own major Aaron’s Inc. (NYSE: AAN) said its longtime spokesman, NASCAR driver Michael Waltrip, will run the final race of his career at next month’s Daytona 500, but will continue to appear in commercials and make appearances on the company’s behalf.
January 26,
2017 by Larry Thomas in Financial Reports, Industry
Ethan Allen (NYSE: ETH) reported lower sales and earnings for the quarter ended Dec. 31, citing a “challenging retail environment” and tough comparisons with the double-digit gains recorded in same quarter in 2015.
January 26,
2017 by Larry Thomas in Executive Changes, Industry
Hooker Furniture (NASDAQ: HOFT) has promoted George Revington to the newly created position of chief operating officer.
January 26,
2017 by Larry Thomas in Community / Charitable Support, Industry
Colorado-based retailer Denver Mattress matched the first $150,000 in donations to the Salvation Army Intermountain Division’s recent holiday fund drive, helping the group set a record for the annual event.
January 26,
2017 by Larry Thomas in Industry, Legal
Control Union, The Netherlands-based quality control and logistics organization, has unveiled the newest version of the Global Organic Latex Standard for both latex foam components and finished products.