April 4,
2017 by Larry Thomas in Executive Changes, Industry
Pier 1 Imports (NYSE: PIR) has named veteran retail and consumer goods executive Alasdair James as its new president and CEO.
April 4,
2017 by Larry Thomas in Business Strategy, Industry
More than 20 years after launching one of the most successful licensed collections in the history of the home furnishings industry, Universal Furniture and fashion designer Alexander Julian have reunited for a new 32-piece collection that will be unveiled at this month's High Point Market.
April 4,
2017 by Larry Thomas in Financial Reports, Industry
Wrapping up a "transitional year" as it propped up its struggling consumer credit business, retailer Conn's Inc. (NASDAQ:CONN) said fourth-quarter revenues fell 5.2% as the company recorded a net loss of $74,000.
April 4,
2017 by Larry Thomas in Executive Changes, Industry, Mattresses, Product
Aiming to capitalize on the power of digital marketing to communicate more and effectively with consumers, bedding producer Spring Air International has named Michael Giurleo to the new position of director of e-commerce.
April 4,
2017 by Larry Thomas in Market, Tupelo
Kevin Seddon, president of the Tupelo Furniture Market since 2012, has resigned, according to a story in the Northeast Mississippi Daily Journal.
April 4,
2017 by Larry Thomas in Executive Changes, Industry
Adjustable bed producer Reverie has promoted John Wanat to vice president of sales for its wholesale division.
April 3,
2017 by Larry Thomas in Economic News, Industry
Furniture isn't the only sector of the durable goods category that has seen price erosion in recent years, according to data from the Bureau of Labor Statistics. Televisions and personal computers, in fact, have recorded steeper price declines than furniture since 2010, even though the cost of using those devices has gone up.