January 10,
2017 by Larry Thomas in Business Strategy, Industry 
Retailer Huffman Koos is temporarily closing all eight of its stores in New York and New Jersey to undergo what the company describes as “massive renovations … including a complete overhaul of its product offering.”
January 10,
2017 by Larry Thomas in Business Strategy, Casegoods, Executive Changes, Industry, Product
Case goods and upholstery resource Flair/Minhas has named industry veteran Mark Price to the newly created position of executive vice president of sales and marketing.
January 10,
2017 by Larry Thomas in Financial Reports, Industry
Struggling electronics, appliance and furniture retailer HH Gregg said sales in the quarter ended Dec. 31 tumbled an estimated 24% to $453 million.
January 9,
2017 by Larry Thomas in Business Strategy, Industry
A new mattress company headed by former Serta CEO Bob Sherman has acquired three Restonic factories and become the brand’s largest licensee.
January 9,
2017 by Larry Thomas in Economic News, Industry
The often-overlooked Generation X, which are people born between 1966 and 1981, are now in their prime earning years with household incomes frequently topping $70,000, according to data from the U.S. Census Bureau.
January 9,
2017 by Larry Thomas in Financial Reports, Industry
Atlanta-based retailer Havertys (NYSE: HVT) said fourth-quarter sales rose 2.2% to $220.6 million, while same-store sales were up 2.5%.
January 9,
2017 by Larry Thomas in Business Strategy, Industry
Lexington Home Brands, which has been owned by the investment firm Sun Capital Partners for 15 years, has been sold to a Shanghai-based private equity firm and a Shanghai-based home furnishings retailer.