March 17,
2017 by Larry Thomas in Business Strategy, Industry
Directors of Williams-Sonoma (NYSE: WSM), parent company of Pottery Barn and several other retail formats, have approved a 2-cent increase in the quarterly cash dividend, boosting the payout to 39 cents per share.
March 16,
2017 by Larry Thomas in Financial Reports, Industry
Despite a 4.1% drop in comparable-brand revenue at its flagship Pottery Barn brand, retailer Williams-Sonoma (NYSE: WSM) said profits increased 2.5% to $144.6 million or $1.63 per share in the fourth fiscal quarter.
March 16,
2017 by Larry Thomas in Executive Changes, Industry
Twin-Star International, a resource for electric fireplaces, entertainment furniture and related home furnishings products, has been sold to the private equity firm Z Capital Partners and hired Lori Gonzalez as its new CEO.
March 16,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Retailer Williams-Sonoma (NYSE: WSM) said it is reorganizing the leadership team at Pottery Barn following the resignation of Sandra Stangl as president of Pottery Barn Brands.
March 15,
2017 by Jane Chero in Designer Weekly, High Point, Industry, Market, Special Events
A redesigned luxury bed and breakfast and event space in High Point, where cutting-edge interior design meets a charming 100-year-old Southern home, will soon unveil its new look at an open house celebrating Pandora’s Manor grand opening March 24-26.
March 15,
2017 by Larry Thomas in Business Strategy, Economic News, Industry, Mattresses, Product
Mattress producer Tempur Sealy International (NYSE: TPX), whose stock has been under pressure since it terminated supply contracts with its largest customer earlier this year, has amended a stockholder rights plan adopted in February to allow a "qualified offer" for the company to be exempt from triggering the plan's provisions.
March 15,
2017 by Larry Thomas in Industry, Special Events
Digital marketing and online customer service expert Jay Baer will be keynote speaker for the Education Day program at the annual APRO Convention and Trade Show, which takes place May 9-11 in Galveston Island, Texas.