Daily News
From Home Furnishing Business
December 8,
2016 by Larry Thomas in Executive Changes, Industry
Upholstery and case goods resource Flexsteel Inds. (NASDAQ: FLXS) said Eric Rangen, a member of the board of directors since 2002, has been elected the board’s new chairman.
December 8,
2016 by Larry Thomas in Industry, Market, Mattresses, Product, Special Events, Tupelo
The Tupelo Furniture Market will continue to emphasize bedding during its upcoming show Jan. 5-8, and the market staging its third “Mattress Mania” promotion during the event.
December 8,
2016 by Larry Thomas in Business Strategy, Industry
Lynch Sales Co., a family-owned sales event specialist based in Chattanooga, Tenn., has launched the “Lynch Sale in a Box” program for smaller retail stores.
December 7,
2016 by Larry Thomas in Acquisition, Casegoods, Financial Reports, Industry, Product
Buoyed by its recent acquisition of case goods and upholstery resource Home Meridian, Hooker Furniture (NASDAQ:HOFT) said sales more than doubled in the quarter ended Oct. 30, while net income jumped nearly 40% to $6.46 million or 56 cents per share.
December 7,
2016 by Larry Thomas in Financial Reports, Industry
Atlanta-based retailer Havertys (NYSE: HVT) said fourth-quarter sales to date are up about 1.1% over the same period last year, while comparable-store sales are up about 1.4%.
December 7,
2016 by Larry Thomas in Industry, Las Vegas, Market, Special Events
Las Vegas Market officials announced that it is creating two custom-built showroom spaces on the first floor of Building B – a move they say will fundamentally transform the lobby area and put exciting merchandise in the forefront of the atrium in time for next month’s market.
December 7,
2016 by Larry Thomas in Industry, Licensing, Mattresses, Product
Connecticut-based Blue Bell Mattress Co. has renewed its licensing agreement with top 10 mattress manufacturer King Koil.