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.
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%.
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.
Connecticut-based Blue Bell Mattress Co. has renewed its licensing agreement with top 10 mattress manufacturer King Koil.
The Beam Lamp, a piece designed by Francois Caron for Trica Furniture, was named winner of the third annual Edward Haimsohn Design Award by the Contemporary Design Group.
Retailer Conn’s Inc. (NASDAQ: CONN) said its third-quarter net loss widened to $3.8 million or 12 cents per share as tighter in-house credit requirements hurt retail sales, but improved the performance of its ailing credit business.
Directors of Stanley Furniture (NASDAQ: STLY) have approved a shareholder rights plan that will make it more difficult for an outside investor or investment group to increase their holdings in the company.