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From Home Furnishing Business

Report: Van Elslander to Remain Active in New Business, Foundation

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

HH Gregg Loss More Than Doubles as Sales Fall 23.7%

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.

Aaron’s, Waltrip To Continue Partnership After Retirement

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.

Retail Struggles Lead to Sales, Profit Declines at Ethan Allen

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.

Hooker Furniture Promotes Revington to Chief Operating Officer

Hooker Furniture (NASDAQ: HOFT) has promoted George Revington to the newly created position of chief operating officer.

Denver Mattress Helps Salvation Army Set Fund-Raising Record

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.

Certification Group Issues New Organic Latex Standards

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.

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