August 4,
2017 by Larry Thomas in Economic News, Industry
E-commerce heavyweight Overstock.com (NYSE: OSTK) said second-quarter revenue rose 3.2%, but the company’s net loss widened to $7.5 million or 29 cents per share due to slower-than-expected revenue growth and higher sales and marketing expenses.
August 4,
2017 by Larry Thomas in Bedroom, Business Strategy, Industry, Motion Upholstery, Product
Restoration Hardware (NYSE: RH) has recalled its Smythson Shagreen Collection of bedroom and occasional furniture because the metal trim on the furniture can detach from the edges and create sharp points.
August 4,
2017 by Larry Thomas in Economic News, Industry
The owners of Daytona Beach, Fla.-based Haynes Brothers Furniture face federal fraud and money laundering charges after being accused of fraudulently reselling toner cartridges, according to a story in the Daytona Beach News-Journal.
August 4,
2017 by Larry Thomas in Community / Charitable Support, Industry
An interior designer, a preservation specialist, two design educators and one student designer have been awarded grants from the Educational Foundation of the International Furnishings and Design Association.
August 4,
2017 by Larry Thomas in Business Strategy, Community / Charitable Support, Industry
Rent-to-own powerhouse Rent-A-Center (NASDAQ: RCII) is partnering with the largest domestic hunger-relief organization, Feeding America, to raise $150,000 during September, which has been designated as Hunger Action Relief month.
August 3,
2017 by Larry Thomas in Economic News, Industry
Powered by its last mile delivery and contract logistics businesses, XPO Logistics (NYSE: XPO) said second-quarter profits jumped more than 11% as revenues edged up 2% to $3.76 billion.
August 3,
2017 by Larry Thomas in Industry, Special Events
Dallas Market Center and ART, the creative home furnishings network, have named members of the 29th Annual ARTS Awards Nomination Panel, a group of independent industry professionals who evaluate the hundreds of nomination entries submitted online.