December 1,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
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.
December 1,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
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.
December 1,
2017 by Larry Thomas in Executive Changes, Industry
Retailer Star Furniture has named industry veteran Georgia LaGrange to the newly created post of director of web/e-commerce.
December 1,
2017 by Larry Thomas in Business Strategy, Industry, Las Vegas, Market, Special Events
Las Vegas Market has started accepting entries for the seventh annual Global Goodness Awards, which recognize furniture, home décor and gift companies for environmentally-friendly, sustainable and socially responsible business practices.
November 30,
2017 by Jane Chero in Business Strategy, Executive Changes, Industry
North Carolina-based Capel Rugs has reorganized its leadership team and promoted three members of the founding family to new posts.
November 30,
2017 by Jane Chero in Economic News, Financial Reports, Industry
La-Z-Boy (NYSE: LZB) said profits rose 10% to $22.9 million or 47 cents per share in the quarter ended Oct. 28 on a 4.4% jump in sales.
November 30,
2017 by Jane Chero in Business Strategy, Industry, Market
At least nine new exhibitors will be on hand for next week’s Showtime fabric fair, which takes place Dec. 3-6 in High Point, N.C.