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From Home Furnishing Business

Pier 1 CEO to Resign; Retailer Forecasts Lower Q2 Sales

Retailer Pier 1 (PIR) Imports said its board of directors has “mutually agreed” with President and CEO Alex Smith that he will resign effective Dec. 31.

Acquisition Fuels Sales, Profit Growth at Hooker Furniture

Driven by its recently completed acquisition of Home Meridian, Hooker Furniture (HOFT) said sales more than doubled to $136.2 million in the quarter ended July 31.

Southern Motion to Open New Mississippi Factory, Add 600 Jobs

Motion furniture producer Southern Motion will soon open a new factory in Baldwyn, Miss., investing $20 million and creating 600 jobs.

Steve Lindsay Retiring from Valdese Weavers

Steve Lindsay, Valdese Weavers’ liaison to the residential furniture retailers, is retiring from the company after 30 years of service.

Fifth Annual Daltile Interior Design Scholarship Accepting Submissions

The 5th annual Daltile Interior Design Scholarship, presented by the ASID Foundation, is now open for submissions.

InterHall Showcases Several New Tenants, Designer Launches In October

InterHall, the first-floor temporary exhibit area at the International Home Furnishings Center, is showcasing exclusive designer launches, new tenants, collections and collaborations at Fall High Point Market, Oct. 22-26.

Pleasant Mattress Launches Rebranding Program

Cannon Sleep Products has launched a rebranding initiative, bringing focus back to its corporate name of Pleasant Mattress, Inc.

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