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From Home Furnishing Business

Reich Named to New Sales Post at Resource Décor

Upper-end home furnishings distributor Resource Décor has named Jeddrey Reich to the new position of president of sales, Americas.

JBS Launches Expanded Leather Lineup at Showtime

Brazilian leather supplier JBS Couros has expanded its Authentic – Deep Into Nature collection for the furniture industry, and is featuring the line at this week’s Showtime fair in High Point, N.C.

Coleman Furniture Cracks Top 500 in Internet Retailer List

Long Island-based e-commerce retailer Coleman Furniture is ranked at number 481 in the latest “Internet Retailer Top 1000” published by Internet Retailer magazine.

Bassett Opens Two More Motion Upholstery Galleries

Bassett Furniture Inds. said two more Club Level Pavilions have opened, boosting the total to 14 of the new galleries featuring its Club Level motion upholstery program.

Furniture Factory Orders Tumble 10% in September

Furniture factory orders tumbled 10% in September, the first monthly decline in more than a year, according to the latest monthly survey from the Smith Leonard accounting and consulting firm.

Big Lots Tops Q3 Earnings Projections; Sales Up 0.5%

Discount retailer Big Lots (NYSE: BIG) said sales edged up 0.5% to $1.11 billion in the quarter ended Oct. 28, and its net income more than tripled due to an insurance settlement.

Brisk Upholstery, Mattress Fabric Sales Drive Culp Top Line

Fabric producer Culp Inc. (NYSE: CULP) said sales rose 7.1% to $80.7 million in its second fiscal quarter, but net income fell more than 11% due largely to expenses from a proposed acquisition that never was completed.

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