February 20,
2017 by Larry Thomas in Business Strategy, High Point, Industry, Market
The High Point Market Authority has again partnered with Soft Design Lab for the development of a new buyer tour for Spring Market, April 22-26.
February 17,
2017 by Larry Thomas in Business Strategy, Industry
Retailer Furniture Row, which focuses on promotional to middle price points at its more than 330 locations in 31 states, will soon open a 170,000-square foot store in its hometown of Denver that specializes in upper-end goods.
February 17,
2017 by Larry Thomas in Financial Reports, Industry
Despite the strong performance of its Progressive Finance business, lease-to-own major Aaron’s Inc. (NYSE: AAN) said fourth-quarter revenues slipped 3.2% to $795 million and profits were essentially even with the previous year’s fourth quarter.
February 17,
2017 by Larry Thomas in Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) said it has been notified by the NASDAQ Stock Market that is shares could be de-listed because the price has been below $1 per share for more than 30 consecutive business days.
February 16,
2017 by Larry Thomas in Acquisition, Industry
Samson Holding Company, parent company of Universal Furniture, Legacy Classic and Craftmaster, has agreed to acquire high-end brands Baker, Milling Road and McGuire from Kohler Co.
February 16,
2017 by Larry Thomas in Bedding, Financial Reports, Industry, Product
Bedding major Tempur Sealy International (NYSE: TPX) recorded a fourth-quarter profit of $63.4 million or $1.12 per share as sales crept up 0.3%.
February 16,
2017 by Larry Thomas in Acquisition, Industry
Upholstery and case goods resource Klaussner Home Furnishings has been acquired by the private equity firm Monomoy Capital Partners in a deal the company said will benefit both its employees and retail dealers.