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From Home Furnishing Business

FastFact: Industry Sales Up Compared to 2015 Q1

Furniture sales, totaling approximately $23 billion, were up 4.2 percent in the first quarter of 2016 compared to the first quarter of 2015.

Safety Groups Urge Stronger Action on IKEA Furniture

Kids in Danger (KID), Consumer Federation of America (CFA), Consumers Union and the National Center for Health Research have called on the U.S. Consumer Product Safety Commission (CPSC) to secure a formal recall of IKEA furniture responsible for the deaths of three toddlers in tip-over incidents.

Symbol Mattress Promotes Clevenger, McQuiston

Richmond, Va.-based Symbol Mattress Co. has promoted two company executives to new leadership roles.

Boyd Specialty Sleep Awarded Patent for Adjustable Base

St. Louis-based Boyd Specialty Sleep has been awarded a patent by the U.S. Patent and Trademark Office for its Easy Adjust manually adjustable bed base. 

Serena & Lily Opens Flagship Store in Connecticut

Sausalito, Calif.-based Serena & Lily, a lifestyle and home decor brand, has opened its flagship, Serena & Lily Design Shop, at the restored Kemper-Gunn House in Westport, Conn.

Synchrony Financial Reports Increased Earnings in Q1

Stamford, Conn.-based Synchrony Financial (NYSE: SYF) has announced first quarter 2016 net earnings of $582 million. 


Online Spending to Accelerate Home Decor Growth

The global online home decor market is expected to grow at a compound annual growth rate (CAGR) of more than 19 percent until 2020, according to the latest research study by London-based Technavio, a global technology research and advisory company.

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