Daily News
From Home Furnishing Business
December 6,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry 
Steinhoff International, (FRANKFURT: SNH) the South African furniture manufacturer and retailer that acquired bedding retail giant Mattress Firm last year, said CEO Markus Jooste has resigned and the company has launched an investigation into possible “accounting irregularities.”
December 6,
2017 by Larry Thomas in Business Strategy, Economic News, Financial Reports, Industry
Retailer RH (NYSE: RH) said third-quarter profits leaped to $13.2 million or 56 cents per share as the company began to reap the benefits of a new membership business model and streamlined operations.
December 6,
2017 by Larry Thomas in Community / Charitable Support, Industry
Ashley Furniture Inds. donated more than $33,000 to middle and high schools in Wisconsin and Mississippi in recent weeks to sponsor robotics programs aimed at encouraging students to study science, technology, engineering and math.
December 6,
2017 by Larry Thomas in Business Strategy, Industry
Malouf Furniture in Foley, Ala., has been approved as the newest member of the Furniture First cooperative buying group.
December 6,
2017 by Larry Thomas in Business Strategy, Designer Weekly, Industry
Fabric supplier The Mitchell Group has added a high-performance faux leather upholstery fabric to its successful Sta-Kleen line that the company says is built to withstand heavy use without losing its luxurious texture and feel.
December 5,
2017 by Larry Thomas in Executive Changes, Industry
Twin-Star International, a resource for electric fireplaces, home entertainment and home office furniture, has named three key executives to its leadership team.
December 5,
2017 by Larry Thomas in Executive Changes, Industry
Spectra Home, the upholstery division of Hangzhou, China-based Shayne International, has tapped upholstered furniture veteran Gregory Curry as its new marketing manager.