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From Home Furnishing Business

FastFact: Furniture, Other Durable Goods See Steady Price Declines

Prices for durable goods, which include furniture, appliances and electronics, have declined steadily since 2012, according to data from the Bureau of Labor Statistics.

Kingsdown Execs Featured in NPR Story

Kingsdown executives Kevin Damewood and Robert Oexman recently appeared on National Public Radio as part of a story on mattress shopping.

Caroline Hipple to Receive WithIt Legacy Award

WithIt, the leadership development group for women in the home and furnishings industries, has named Norwalk Furniture President Caroline Hipple as the 2017 recipient of the Legacy Award, the group’s highest honor.

Storis Named to ‘Best Places to Work’ List in New Jersey

Retail software provider Storis has been recognized by New Jersey publication NJBIZ as a “Best Place to Work in NJ” for 2017.

Despite Tough Q4, Big Lots Sees Sales, Profit Hikes for Year

Despite a difficult fourth quarter, discount retailer Big Lots (NYSE: BIG) said net income rose 7% for the fiscal year ended Jan. 28 as sales inched up 0.2%.

HHGregg to Close 88 Stores, 3 Distribution Centers

HHGregg, the struggling electronics, appliance and furniture retailer, said it will close 88 stores and three distribution centers as part of its turnaround effort.

Southern Sky Gets New High Point Showroom, Expands Sales Team

Southern Sky Home, a lifestyle home furnishings brand launched last fall by furniture industry executive Bill Grace, is gearing up for the April High Point Market with an expanded sales team and relocation to a larger showroom at Showplace 2312.

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