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From Home Furnishing Business

Ashley Donates Robots, Training Funds to Technical College

Students in Western Technical College’s Electromechanical Technology program will soon have the opportunity to receive training on state-of-the-art Yakasawa robots and simulated trainers, thanks to a new partnership with Ashley Furniture.

Restoration Hardware Slashes Loss on 23.4% Revenue Gain

Retailer RH (NYSE: RH) said revenues jumped 23.4% in its first fiscal quarter, and the company formerly known as Restoration Hardware slashed its net loss to $3.37 million.

Reports: 108-Year-Old Dearden’s to Close All Stores

Dearden’s, a 108-year-old furniture retailer in Southern California, will close all eight of its stores by the end of the summer, according to multiple media reports.

Vanguard to Open Year-Round Las Vegas Showroom

High-end upholstery and case good producer Vanguard Furniture will open its first-ever West Coast showroom in time for the summer Las Vegas Market

Sherwin-Williams Completes Acquisition of Valspar

Sherwin-Williams (NYSE: SHW) said it has completed its acquisition of paint and coatings supplier Valspar, creating a company with more than 60,000 employees worldwide and annual revenues approaching $16 billion.

Hooker Furniture Reorganizes Legacy Businesses

Hooker Furniture (NASDAQ: HOFT) has reorganized its legacy operations into four business units and promoted four to new senior management roles.

Survey: Furniture Factory Orders Jump 12% in March

Furniture factory orders in March were 12% ahead of the same month in 2016, representing the second double-digit increase in four months, according to the latest Furniture Insights survey from the accounting and consulting firm Smith Leonard.

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