February 1,
2017 by Larry Thomas in Industry, Licensing 
Bedding producer Restonic Mattress Corp. has signed a licensing agreement with Melbourne-based Crown Posture Bedding that will give the Australian company exclusive rights to manufacture and distribute the Restonic brand in that country.
January 31,
2017 by Larry Thomas in Financial Reports, Industry
Leggett & Platt (NYSE: LEG), a major supplier of furniture and bedding components and finished furniture, reported a double-digit increase in earnings in 2016 despite a 4.3% drop in sales.
January 31,
2017 by Larry Thomas in Industry, Store Openings
Ashley HomeStore opened its 700th retail location last weekend in Vero Beach, Fla., in conjunction with City Furniture, its licensee in southeast and southwest Florida.
January 31,
2017 by Larry Thomas in Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) appears to have headed off a proxy fight at its upcoming annual meeting by naming Stephen Hale II, who heads an investment fund that owns about 10.2% of the company’s stock, to the board of directors.
January 31,
2017 by Larry Thomas in Industry, Store Openings
Hayneedle.com, an online retailer of indoor and outdoor home furnishings and décor, said it is expanding its operations in Monroe, Ohio, with a new 994,000-square-foot fulfillment center to continue to position itself for long-term, strategic growth.
January 31,
2017 by Larry Thomas in Business Strategy, Industry
Simple Finance, an underwriter of lease-purchase agreements that has numerous retail furniture stores as clients, has changed its name to Acima Credit.
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.