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.
U.S. retail sales climbed 0.2 percent in August, indicating domestic demand, according to the Commerce Department.
Upholstery producer Lee Inds. has been awarded the Gold Exemplary Recognition by the Sustainable Furnishings Council.
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.
As the housing industry continues to bounce back after the recession, the price of homes has skyrocketed 34 percent in seven years.
The Pennsylvania Attorney General has settled with a furniture retailer accused of taking money from consumers for purchases and then not delivering.
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.