June 29,
2017 by Larry Thomas in Business Strategy, Economic News, Financial Reports, Industry
Buoyed by its custom upholstery business and improvements at company-owned retail stores, Bassett Furniture Inds. (NASDAQ: BSET) said sales and profits were higher in the quarter ended May 27.
June 29,
2017 by Larry Thomas in Casual Furniture, Customer Service, Industry
Ready-to-assemble furniture producer South Shore has expanded the recall of its Summer Breeze chest of drawers because it presents a serious tip-over or entrapment hazard to children if the unit is not anchored to a wall.
June 29,
2017 by Larry Thomas in Economic News, Industry
Home furnishings and décor retailer Pier 1 Imports (NYSE: PIR) cut its net loss to $2.99 million or 4 cents per share in the quarter ended May 27 as the company boosted gross margin and benefitted from several other operational and merchandise improvements.
June 29,
2017 by Larry Thomas in Financial Reports, Industry
Fabric supplier Culp Inc. said it will change its New York Stock Exchange ticker symbol from “CFI” to “CULP,” effective with the start of trading on July 13.
June 28,
2017 by Jane Chero in Business Strategy, Designer Weekly, Industry
The American Society of Interior Designers (ASID) has published five sector brief reports that explore the various influences affecting the interior design industry and the work of interior designers.