March 5,
2018 by Larry Thomas in Business Strategy, Industry
Stanley Furniture (NASDAQ: STLY) said it has completed the sale of substantially all of the company’s assets to an entity controlled by the chairman of the Vietnam Trade Alliance.
March 5,
2018 by Larry Thomas in Business Strategy, High Point, Industry, Market, Store Openings
Casual furniture and accessories producer Palm Springs Rattan has been renamed Watermark Living and will move into a new High Point showroom in time for the April market.
March 2,
2018 by Larry Thomas in Economic News, Industry
Sales at Mattress Firm fell 16% to $638 million in the quarter ended Dec. 31, parent company Steinhoff International reported this week, saying the mattress retailer’s business was disrupted by a raft of operational changes and competition from online mattress players.
March 2,
2018 by Larry Thomas in Designer Weekly, Executive Changes, Industry
Pamela Thomas, supply chain director at Universal Furniture, has been elected 2018 president of WithIt, the women’s professional development network for the home furnishings industry.
March 2,
2018 by Larry Thomas in Business Strategy, Industry
Rug and home accents manufacturer Nourison is set to launch a partnership with Manhattan-based Studio NYC Design to produce an affordable luxury collection of rugs, pillows and throws.
March 2,
2018 by Larry Thomas in Business Strategy, Designer Weekly, High Point, Industry, Market
Upholstery producer Norwalk Furniture, in partnership with the Color Marketing Group, will host a “Color Zest” educational workshop at the upcoming Spring High Point Market.
March 2,
2018 by Larry Thomas in Business Strategy, Executive Changes, Industry
Rent-to-own major Rent-A-Center (NASDAQ: RCII) said Chief Operating Officer Joel Mussat has resigned, and his position has been eliminated as part of the company’s recent cost-cutting moves.