Italian home furnishings supplier Natuzzi (NYSE: NTZ) has established a two-year business plan that sets objectives to regain market share, eliminate losses by the 2014 fourth quarter and return to profitability in 2015.
Randy Wells will join high-end outdoor furniture vendor Gloster America in the new position of CEO.
Retailers ordered 5 percent more furniture in December 2013 than December 2012, according to the latest Furniture Insights survey.
The U.S. Department of Commerce has applied a preliminary duty rate of 216.01 percent on 2012 shipments of wood bedroom furniture from China.
Dallas Market Center announced an independent research consultant's study found that the DMC has a direct impact of more than $406 million on the local economy; with a full economic impact of Dallas Market activities equaling $1.2 billion.
Specialty home furnishings retailer Pier 1 Imports (NYSE: PIR) updated its expectations for its fourth quarter earnings saying weather disruptions have impacted store traffic throughout its network of stores.