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From Home Furnishing Business

Sandell Nominates 6 for Ethan Allen Board

Activist shareholder Sandell Asset Management Corp. has nominated a six-candidate slate for election to the Ethan Allen (NYSE: ETH) board of directors, setting the stage for a cantankerous proxy battle.


Retail Sales Up 0.2%; Furniture Struggles

U.S. retail sales climbed 0.2 percent in August, indicating domestic demand, according to the Commerce Department. 


Lee Inds. Gets Gold Recognition from SFC

Upholstery producer Lee Inds. has been awarded the Gold Exemplary Recognition by the Sustainable Furnishings Council


Mattress Firm to Launch Online Donation Campaign for The Dream Bed

Houston-based Mattress Firm Holding Corp. (NASDAQ: MFRM) will launch The Dream Bed, a bed-in-a-box brand, online Oct. 1 to kick off a nationwide mattress donation effort.

FastFact: Home Prices Continue to Climb

As the housing industry continues to bounce back after the recession, the price of homes has skyrocketed 34 percent in seven years.


Pennsylvania AG Settles with Furniture Sir-Plus

The Pennsylvania Attorney General has settled with a furniture retailer accused of taking money from consumers for purchases and then not delivering.

Mattress Firm 2Q Income Hits $21.9 Million

Bedding retailer Mattress Firm (NASDAQ: MFRM) posted net income of $21.9 million for the second quarter ended Aug. 4 compared to net income of $14.3 million in the same quarter last year.

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