Daily News
From Home Furnishing Business
October 26,
2016 by Larry Thomas in Business Strategy, Industry
Nova LifeStyle (NVFY), parent company of Diamond Sofa and several other lifestyle brands, said it has completed the previously-announced sale of its manufacturing operations in China to Kuka Design Ltd.
October 25,
2016 by Larry Thomas in Business Strategy, Industry, Special Events
Paola McDonald, a designer with Olamar Interiors in Haymarket, Va., took home the top design award this past weekend as the Sustainable Furnishings Council announced the winners of its “Get Your Green On” design competition.
October 25,
2016 by Jane Chero in Business Strategy, Delivery, Industry
Home delivery specialist Last Mile Home has opened a 31,000 square-foot distribution center in Portland, Ore., the sixth distribution center that parent company Manna Freight Systems has opened in a major market in the past three years.
October 24,
2016 by Jane Chero in Business Strategy, Economic News, Financial Reports, Industry
The dollar value of business-to-business e-commerce shipments within the furniture manufacturing segment in nearly 51% of the total value of all shipments in that segment, according to a U.S. Census Bureau report.
October 24,
2016 by Jane Chero in Business Strategy, High Point, Industry, Market, Special Events
The High Point Market Authority is partnering with organizers of the China International Furniture Fair (CIFF) to encourage U.S.-based home furnishings companies to exhibit at CIFF’s show in Shanghai next September.
October 21,
2016 by Jane Chero in Business Strategy, Financial Reports, Furniture Retailing, Industry
La-Z-Boy (LZB) became the latest publicly-traded home furnishings company to report weak retail demand, announcing Thursday that it expects to have a sales decline of 1% to 2.5% in the current fiscal quarter, which ends Oct. 29.
October 21,
2016 by Jane Chero in Business Strategy, High Point, Industry, Market, Special Events
Case goods, upholstery and accent furniture resource Four Hands will unveil a new case goods brand, BRL, at the upcoming High Point Market.