January 2,
2018 by Larry Thomas in Economic News, Industry 
The percentage of income spent on furniture and appliances varies little between low- and high-income households, according to the latest Consumer Expenditure Survey from the Bureau of Labor Statistics.
January 2,
2018 by Larry Thomas in Community / Charitable Support, Industry
John Portman Jr., who founded what is now AmericasMart and gained worldwide fame as an architect and developer, died Dec. 29 at age 93.
January 2,
2018 by Larry Thomas in Economic News, Industry
Furniture factory orders rebounded in October, registering an 8% increase over the same month in 2016, according to the latest survey from the Smith Leonard accounting and consulting firm.
December 29,
2017 by Larry Thomas in Business Strategy, Industry
Stanley Furniture, which last month agreed to sell substantially all of its assets to the chairman of the Vietnam Trade Alliance for $16.1 million, had at least four other offers to buy the company, according to documents filed this week with the Securities and Exchange Commission.
December 29,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
After reaching a 17-year high in November, the widely-followed Consumer Confidence Index fell to 122.1 in November, according to the Conference Board.
December 29,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Online mattress retailer GhostBed said it has begun accepting payments with Bitcoin, becoming the first mattress retailer to accept the cryptocurrency.
December 29,
2017 by Larry Thomas in Business Strategy, Industry
Bassett Furniture Inds. (NASDAQ: BSET) said it has opened four additional galleries for its new Club Level motion upholstery program.