February 22,
2017 by Larry Thomas in Financial Reports, Industry
La-Z-Boy (NYSE: LZB) said sales edged up 1.6% to $390 million in the quarter ended Jan. 28, but profits jumped more than 6% due largely to improved operating margins in its wholesale upholstery business.
February 22,
2017 by Larry Thomas in Financial Reports, Industry
Atlanta-based retailer Havertys (NYSE: HVT) ended 2016 on a high note, recording a 19.2% jump in fourth-quarter net income on 2.2% sales increase.
February 22,
2017 by Larry Thomas in Financial Reports, Industry
Paced by its last-mile delivery and contract logistics businesses, XPO Logistics (NYSE: XPO) recorded a fourth-quarter profit of $27.3 million or 22 cents per share as revenue rose 10%.
February 22,
2017 by Larry Thomas in Executive Changes, Industry
Dorian Stacy Sims, president of Stacy Furniture in Dallas, has been elected 2017 president of WithIt, the women’s leadership development network serving the home and furnishings industries.
February 22,
2017 by Larry Thomas in Industry, Special Events
The Home Furnishings Assn. will waive registration fees for its upcoming Networking Conference for members of the International Home Furnishings Representatives Assn. who bring a new retailer to the event.
February 21,
2017 by Larry Thomas in Executive Changes, Industry
As part of an effort to assist licensees expand retail relationships, Mattress Development Co., the licensor and manufacturer of the Eclipse International and Eastman House mattress lines, has named 43-year industry veteran Thomas Rehwinkel vice president of sales and marketing.