Daily News
From Home Furnishing Business
January 30,
2017 by Larry Thomas in Financial Reports, Industry 
Furniture store sales edged up 1.3% in the third quarter, well below the increases for the first two quarters of 2016, according to data from Impact Consulting Services, parent company of Home Furnishings Business.
January 30,
2017 by Larry Thomas in Business Strategy, Industry
Tempur Sealy International (NYSE: TPX) said Monday it has terminated its contract to supply bedding to Mattress Firm, its largest retail customer, and said the company’s products will be out of Mattress Firm stores by the end of the first quarter.
January 30,
2017 by Larry Thomas in Executive Changes, Industry
Oak Furniture West, a producer of home entertainment, youth and accent furniture, has named Karl Eulberg vice president of sales and marketing.
January 30,
2017 by Larry Thomas in Business Strategy, Industry
Art Van Elslander doesn’t plan to get back in the furniture business, but the founder of Art Van Furniture plans to remain active in new for-profit and not-for-profit ventures, according to a story in Crain’s Detroit Business
January 27,
2017 by Larry Thomas in Financial Reports, Industry
Struggling retailer HH Gregg (NYSE: HGG) said its net loss more than doubled in the quarter ended Dec. 31 as sales fell 23.7% to $452.8 million.
January 27,
2017 by Larry Thomas in Community / Charitable Support, Designer Weekly, Industry
WithIt, the women’s leadership development network for the home and furnishings industries, said its Scholarship Foundation received a $30,000 donation from Heritage Home Group Charitable Trust in honor of the organization’s 20th anniversary.
January 27,
2017 by Larry Thomas in Business Strategy, Industry
Rent-to-own major Aaron’s Inc. (NYSE: AAN) said its longtime spokesman, NASCAR driver Michael Waltrip, will run the final race of his career at next month’s Daytona 500, but will continue to appear in commercials and make appearances on the company’s behalf.