January 20,
2017 by Larry Thomas in Business Strategy, Industry, Retail Technology
Retail software provider Storis has released a new e-commerce platform called eStoris, which offers a complete web solution that fully integrates with the company’s retail software.
January 19,
2017 by Larry Thomas in Financial Reports, Industry
Despite a strong performance from its company-owned retail stores Bassett Furniture Inds. (NASDAQ:BSET) said sales slipped 1.5% in its fiscal fourth quarter, and net income fell 11.2%.
January 19,
2017 by Larry Thomas in Financial Reports, Industry
Rent-A-Center (NASDAQ: RCII), the nation’s largest operator of rent-to-own stores, said same-store sales at its core U.S. stores tumbled 14% in the fourth quarter as the company continued to experience problems related to last year’s installation of a new point-of-sale system.
January 19,
2017 by Larry Thomas in Carpets / Rugs, High Point, Industry, Licensing, Market, Product
Adding another name to its steadily growing licensing program, Capel Rugs has formed a new partnership with designer Anthony Baratta to develop a line of exclusive rug designs to be introduced at the October 2017 High Point Market.
January 19,
2017 by Larry Thomas in Industry, Special Events
Six furniture industry sales representatives will be honored at the April High Point Market with the Rising Star Award and Legacy Award from the International Home Furnishings Representatives Assn.
January 19,
2017 by Larry Thomas in High Point, Industry, Market, Special Events
Registration for the Spring 2017 High Point Market is now open for buyers, international buyers, exhibitors, trade/industry, press and students. The market will take place Saturday, April 22, through Wednesday, April 26.
January 18,
2017 by Larry Thomas in Advertising, Business Strategy, Industry
Canadian upholstery producer Palliser Furniture has added two industry veterans to its sales and marketing team as the company prepares to boost advertising spending to promote the Palliser brand among consumers in Canada and the United States.