November 15,
2017 by Larry Thomas in Business Strategy, Industry, Store Openings
Bassett Furniture Inds. (NASDAQ: BSET) has opened two more Club Level Pavilions at retail stores in Greenwood, Miss., and Waynesboro, Va.
November 15,
2017 by Larry Thomas in Community / Charitable Support, Industry
Bob’s Discount Furniture teamed with the NHL’s Chicago Blackhawks to refurbish the Common Room at Mercy Home’s Walsh Girls Campus, a home for girls who have suffered from abuse and neglect.
November 14,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) cut its third-quarter net loss to $305,000 or 2 cents per share as sales fell 5.5% to $10.4 million.
November 14,
2017 by Larry Thomas in Business Strategy, Economic News, Financial Reports, Industry
Nova Lifestyle (NASDAQ: NVFY), parent company of Diamond Sofa and several other brands, said third-quarter net income soared to $2.96 million of 11 cents per share as the company began implementing its “asset light” business model following the sale of its manufacturing operations earlier this year.
November 14,
2017 by Larry Thomas in Business Strategy, Designer Weekly, Green, Industry
Rug producer and importer Nourison is installing a network of solar panels on the roof of its Saddle Brook, N.J., corporate offices and warehouse that will soon be capable of producing at least 770,000 kilowatt hours of electricity annually.
November 14,
2017 by Larry Thomas in High Point, Industry, Market, Special Events
High Point University student Lauren Sanchez, a senior majoring in sales with a concentration in furniture with a visual merchandising minor, has been awarded the Bill and Bonnie Peterson Endowed Scholarship for the second consecutive year.
November 14,
2017 by Larry Thomas in High Point, Industry, Market, Social Media, Special Events
Hooker Furniture (NASDAQ: HOFT), and its Bradington-Young and Sam Moore Furniture brands have announced the winners of the company’s first to-the-trade social media photo contest, which was held during last month’s High Point Market.