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From Home Furnishing Business

Walker Furniture Sets Fall Groundbreaking for 2nd Vegas Store

Retailer Walker Furniture has confirmed plans to build a second "superstore" in the Las Vegas market, and said it hopes to break ground for the facility in September or October.

SFC Slates Panel Discussion during High Point Market

The Sustainable Furnishings Council will sponsor a lunch and panel discussion during next month's High Point Market that will provide an overview of its new "What's It Made Of" initiative.

Calligaris Opens Retail Store in SoHo District

Italian furniture producer Calligaris has opened a dedicated retail store in the SoHo district of New York City.

HHGregg Cancels Sale Agreement; Talks with Other Potential Buyers

Furniture, appliance and electronics retailer HHGregg said it has terminated a previously announced agreement with an unnamed party that had offered to purchase substantially all of the assets of the company through its Chapter 11 bankruptcy reorganization.

Leflein Elected President of IHFRA

Tommy Leflein has been elected the 79th president of the International Home Furnishings Representatives Assn. He was installed earlier this month at IHFRA’s annual board of directors meeting in High Point.

Williams-Sonoma Board Approves Dividend Hike

Directors of Williams-Sonoma (NYSE: WSM), parent company of Pottery Barn and several other retail formats, have approved a 2-cent increase in the quarterly cash dividend, boosting the payout to 39 cents per share.

Williams-Sonoma Records 2.5% Profit Jump Despite Revenue Decline

Despite a 4.1% drop in comparable-brand revenue at its flagship Pottery Barn brand, retailer Williams-Sonoma (NYSE: WSM) said profits increased 2.5% to $144.6 million or $1.63 per share in the fourth fiscal quarter.

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