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From Home Furnishing Business

Rent-A-Center Reports Steep Drop in Same-Store Sales

Rent-A-Center (NASDAQ: RCII), the nation’s largest operator of rent-to-own stores, said same-store sales at its core U.S. stores tumbled 14% in the fourth quarter as the company continued to experience problems related to last year’s installation of a new point-of-sale system.

Capel Inks Licensing Agreement with Anthony Baratta

Adding another name to its steadily growing licensing program, Capel Rugs has formed a new partnership with designer Anthony Baratta to develop a line of exclusive rug designs to be introduced at the October 2017 High Point Market.

IHFRA Names Rising Star, Legacy Award Winners

Six furniture industry sales representatives will be honored at the April High Point Market with the Rising Star Award and Legacy Award from the International Home Furnishings Representatives Assn.

Registration Opens for Spring High Point Market

Registration for the Spring 2017 High Point Market is now open for buyers, international buyers, exhibitors, trade/industry, press and students. The market will take place Saturday, April 22, through Wednesday, April 26.

Palliser Adds Two to Sales and Marketing Team

Canadian upholstery producer Palliser Furniture has added two industry veterans to its sales and marketing team as the company prepares to boost advertising spending to promote the Palliser brand among consumers in Canada and the United States.

Cresent Promotes McCullen, Hamlin to Key Operations Posts

In a strategic move aimed at strengthening its domestic and Asian operations, solid wood bedroom and dining room resource Cresent Fine Furniture has promoted two long-term employees to vice president positions.

Amber Engine Launches Product Data Portal for Furniture Retailers

Detroit-based services and solutions technology company Amber Engine has launched Amber Engine for Retailers, a digital portal that allows home furnishings retailers to manage their product data in one simplified location.

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