August 25,
2017 by Larry Thomas in Economic News, Industry
Discount retailer Big Lots (NYSE: BIG) said sales edged up 1.5% in the quarter ended July 29, but profits jumped more than 28% to $29.1 million or 67 cents per share.
August 25,
2017 by Larry Thomas in Business Strategy, Industry
Purple, a fast-growing online mattress producer whose mattresses use a patented Hyper-Elastic Polymer, is now shipping its products into Canada – the company’s first international expansion.
August 25,
2017 by Larry Thomas in Business Strategy, Industry
After a year-long testing phase, the CertiPUR-US certification program for slabstock flexible polyurethane foam has been expanded to include molded flexible polyurethane foam that is used in pillows, bedding products and upholstered furniture.
August 25,
2017 by Larry Thomas in Community / Charitable Support, Industry
The St. Vincent de Paul Society in Cincinnati and retailer Morris Furniture joined forces to provide 50 children in need with a bed of their own at the inaugural “Day to Dream” event at the P&G Cincinnati MLB Youth Academy in Roselawn, Ohio.
August 25,
2017 by Larry Thomas in Economic News, Industry
The RoomPlace, a retailer with stores in the Chicago and Indianapolis markets, has expanded its secondary financing programs to allow extended terms and lower monthly payments to credit-challenged customers.
August 25,
2017 by Larry Thomas in Business Strategy, Industry
BDI President Lorri Kelley, a member of the national executive board of the International Home Furnishings Chapter of the City of Hope, recently joined a group of a dozen furniture industry executives who toured the City of Hope’s facilities in Southern California.
August 24,
2017 by Larry Thomas in Business Strategy, Industry
La-Z-Boy (NYSE: LZB) is aggressively pursuing e-commerce business by, among other things, negotiating with Amazon to sell its products on the online behemoth’s site, La-Z-Boy’s CEO disclosed Wednesday.