Daily News
From Home Furnishing Business
October 30,
2017 by Larry Thomas in Business Strategy, Designer Weekly, Industry 
ASTM International’s subcommittee on furniture safety has updated its voluntary tip-over standards by introducing a new warning label and revising the language on the label’s introduction.
October 30,
2017 by Larry Thomas in Business Strategy, Industry, Special Events
Furniture First, a furniture and mattress buying group, has added J. Allan’s in Brookhaven, Miss., and FX Marcotte in South Portland, Maine to its membership roster.
October 30,
2017 by Larry Thomas in Industry, Special Events
Michael Huber, founder and CEO of Belfort Furniture in Sterling, Va., has received the 2017 Good Scout Award from the Goose Creek District of the Boy Scouts of America.
October 27,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Rent-to-own major Aaron’s Inc. (NYSE: AAN) said third-quarter revenues rose 9% to $838.9 million, but earnings fell 14% due to store closings and other disruptions in states hit by Hurricanes Harvey and Irma.
October 27,
2017 by Larry Thomas in Business Strategy, Industry
The first step in adopting new standards aimed at preventing furniture tip-over accidents should be announced by the Consumer Product Safety Commission in the next few weeks, the commission’s acting chairman told furniture executives.
October 27,
2017 by Larry Thomas in Economic News, Industry
Leggett & Platt (NYSE: LEG) said third-quarter sales rose 6.4%, but the increase was more than offset by rising steel costs, which sent profits down 11.7% to $82.6 million or 60 cents per share.
October 27,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Furniture retailers are a fairly optimistic group, with 58% of them expecting an increase in furniture sales in 2018, according to a recent poll taken by financial services firm TD Bank.