March 20,
2017 by Larry Thomas in Furniture Retailing, Industry, Las Vegas, Market
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.
March 20,
2017 by Larry Thomas in Business Strategy, High Point, Industry, 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.
March 17,
2017 by Larry Thomas in Industry, Store Openings
Italian furniture producer Calligaris has opened a dedicated retail store in the SoHo district of New York City.
March 17,
2017 by Larry Thomas in Business Strategy, Industry
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.
March 17,
2017 by Larry Thomas in Executive Changes, Industry
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.
March 17,
2017 by Larry Thomas in Business Strategy, Industry
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.
March 16,
2017 by Larry Thomas in Financial Reports, Industry
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.