November 27,
2017 by Larry Thomas in Acquisition, Industry
Art Van Furniture announced Monday it has agreed to buy Altoona, Pa.-based Wolf Furniture and confirmed previous reports that the retailer had acquired Pittsburgh-based Levin Furniture.
November 27,
2017 by Larry Thomas in Financial Reports, Industry
Leather upholstery producer Natuzzi (NYSE: NTZ) said third-quarter sales fell 6.1% and its net loss nearly doubled to 10.9 million euros, or about $13 million, due to delivery delays and weakness in its Softaly private label division.
November 27,
2017 by Larry Thomas in Economic News, Industry
As the percentage of Americans moving remains at historically low levels, data from the U.S. Census Bureau shows that those who do move generally don’t move very far from their original residence.
November 27,
2017 by Larry Thomas in Business Strategy, Industry
The American Home Furnishings Hall of Fame Foundation said it has secured a registered trademark, which grants the organization exclusive rights for the use of its name.
November 27,
2017 by Larry Thomas in Business Strategy, Industry
The International Textile Alliance has formed an alliance with the American Home Furnishings Alliance that will provide ITA members and others in textile industry increased opportunities for legislative representation and access to educational programs.
November 27,
2017 by Larry Thomas in Business Strategy, Industry
Fine Furniture Design has launched a retail merchandising program in support of its new Veranda Collection that allows retailers to duplicate the lifestyle displays that were featured in the company’s High Point Market showroom.
November 27,
2017 by Larry Thomas in Industry, Store Openings
Continuing to open Club Level Pavilions at a rapid pace, Bassett Furniture Inds. (NASDAQ: BSET) has opened four additional Pavilions to support its new Club Level motion upholstery program.