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From Home Furnishing Business

Acquisition Boosts Hooker Furniture Sales, Profits

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.

Havertys Reports 1.1% Q4 Sales Increase to Date

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%.

Abbyson Living, CDI Move to First-Floor Las Vegas Showrooms

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.

Blue Bell Mattress Renews Agreement with King Koil

Connecticut-based Blue Bell Mattress Co. has renewed its licensing agreement with top 10 mattress manufacturer King Koil.

Trica Furniture Lamp Wins Haimsohn Design Award

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.

Conn’s Q3 Loss Widens Amid Double-Digit Same-Store Sales Decline

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.

Stanley Adopts ‘Poison Pill’ to Shield Future Tax Credits

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.

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