Daily News
From Home Furnishing Business
May 22,
2025 by Karen Parrish in Business Strategy, Industry
The TJX Companies, Inc., the leading off-price apparel and home fashions retailer in the U.S. and worldwide, announced sales and operating results for the first quarter ended May 3, 2025. Net sales for the first quarter of Fiscal 2026 were $13.1 billion, an increase of 5% versus the first quarter of Fiscal 2025. First quarter Fiscal 2026 consolidated comparable sales increased 3%. Net income for the first quarter of Fiscal 2026 was $1.0 billion and diluted earnings per share were $.92 versus $.93 in the first quarter of Fiscal 2025.
May 22,
2025 by Karen Parrish in Business Strategy, Industry
The offices of Home Furnishings Business and its parent company, Impact Consulting Services, will be closed on Monday in observance of Memorial Day.
May 21,
2025 by Karen Parrish in Business Strategy, Industry
Flexsteel Industries, Inc., one of the largest manufacturers, importers and marketers of residential furniture products in the United States, announced the appointment of Terence P. Calloway as an independent director of the Company effective May 21, 2025.
May 21,
2025 by Karen Parrish in Business Strategy, Industry
The American Home Furnishings Alliance (AHFA) will present the residential furniture industry’s premier regulatory conference August 20-21, 2025, at the Conference Center at Guilford Technical Community College in Colfax, North Carolina.
May 21,
2025 by Karen Parrish in Business Strategy, Industry
In recognition of Better Sleep Month, Precision Textiles, an award-winning supplier of mattress components for the bedding sector, is highlighting the often-unseen components that help create a healthier, more restorative sleep experience—and encouraging the industry to think beyond surface comfort. Recently featured in Specialty Fabrics Review Magazine, Keith Martin, vice president of Precision Textiles, is shining a light on the often-overlooked role of supply chain integrity in achieving more sustainable sleep.
May 21,
2025 by Karen Parrish in Business Strategy, Industry
Dorel Juvenile USA, a segment of Dorel Industries and the world's largest juvenile products manufacturer, announced the expansion of its Maxi-Cosi brand into nursery furniture with the introduction of four distinct collections. Debuting at ABC Kids Expo, Kindred Walnut Ash, Kindred Whitewash Ash, Quiet Luxury, and Embraced Forms, along with three additional collections, represent an elevated approach to designing spaces where togetherness happens, and memories are made.
May 21,
2025 by Karen Parrish in Business Strategy, Industry
Bob’s Discount Furniture, one of the nation’s fast-growing furniture retailers, has announced plans to open 20 new stores in 2025, further expanding its presence in the U.S. as part of its ongoing growth strategy. The new locations will include Bob’s first-ever stores in Vermont and North Carolina.