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From Home Furnishing Business

Conn’s Reports Second Straight Quarterly Profit

Buoyed by improvements in its long-suffering credit business, retailer Conn’s Inc. (NYSE: CONN) recorded a profit of $1.57 million or 5 cents per share in the quarter ended Oct. 31.

A.R.T. Furniture Promotes Stoll, Hires Two Others

Upholstery and case goods resource A.R.T. Furniture has promoted one executive and hired two others as it continues to expand its staff.

Crypton Completes Nanotex Production Shift to N.C.

Performance fabric producer Crypton said it successfully completed the transition of Nanotex fabric finishes to its plant in Kings Mountain, N.C., more than a month ahead of schedule.

CEO of Mattress Firm Owner Quits Amid Accounting Probe

Steinhoff International, (FRANKFURT: SNH) the South African furniture manufacturer and retailer that acquired bedding retail giant Mattress Firm last year, said CEO Markus Jooste has resigned and the company has launched an investigation into possible “accounting irregularities.”

RH Q3 Profits Soar as New Business Model Takes Shape

Retailer RH (NYSE: RH) said third-quarter profits leaped to $13.2 million or 56 cents per share as the company began to reap the benefits of a new membership business model and streamlined operations.

Ashley Donates $33K to Middle, High School Robotics Teams

Ashley Furniture Inds. donated more than $33,000 to middle and high schools in Wisconsin and Mississippi in recent weeks to sponsor robotics programs aimed at encouraging students to study science, technology, engineering and math.

Alabama’s Malouf Furniture Joins Furniture First

Malouf Furniture in Foley, Ala., has been approved as the newest member of the Furniture First cooperative buying group.

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