Daily News
From Home Furnishing Business
October 17,
2016 by Jane Chero in Economic News, Industry 
A recent report by the U.S. Census Bureau shows that business-to-business e-shipments within the furniture manufacturing segment represented slightly more than half the total value of the shipments in 2014.
October 17,
2016 by Jane Chero in Business Strategy, Industry
Hedge fund Alden Global Capital, which recently accumulated a 9.5% stake in retailer Pier 1 Imports (PIR), has sent the company a letter requesting immediate representation on the Pier 1 board of directors and criticizing the company for poor operating performance and a “laissez-faire approach to board responsibilities.”
October 17,
2016 by Jane Chero in Designer Weekly, Industry, Special Events
City of Hope, a world leader in cancer and diabetes research and treatment, said its International Home Furnishings Industry group will honor Wayfair co-founders Niraj Shah and Steve Conine and Klaussner Home Furnishings President and CEO Bill Wittenberg with the 2017 Spirit of Life Award.
October 14,
2016 by Jane Chero in Industry, Store Openings
E-commerce powerhouse Overstock.com (OSTK) is opening its new corporate headquarters today in the Salt Lake City suburb Midvale, Utah, featuring a 231,000-square-foot main office building known as Peace Coliseum.
October 14,
2016 by Jane Chero in High Point, Industry, Market, Special Events
Along with welcoming visitors to a brand-new showroom at the upcoming High Point Market, case goods resource Somerton Dwelling is harnessing the power of virtual reality to further enhance the customer experience.
October 14,
2016 by Jane Chero in Industry, Special Events
Expecting a sellout for the second straight year at its induction ceremonies, the American Home Furnishings Hall of Fame Foundation has issued the final call to purchase tickets for this year’s event, scheduled for Sunday, Oct. 23 at the Sheraton Greensboro Four Seasons.
October 14,
2016 by Jane Chero in Executive Changes, Industry
Wright Global Graphics, a marketing services and branding support company, has promoted Garry Jones to vice president of manufacturing.