October 27,
2016 by Larry Thomas in Financial Reports, Industry
Hampered by repeated outages of its new point-of-sale system, Rent-A-Center (RCII) said third-quarter revenues fell 12.3% to $693.9 million, including a 12% decline in same-store sales in its U.S. rent-to-own stores.
October 27,
2016 by Larry Thomas in Bedding, Financial Reports, Industry, Mattresses, Product
Bedding major Tempur Sealy International (TPX) said third-quarter sales fell 5.4% to $832.4 million, but net income nearly doubled as gross margin improved and other costs were reduced.
October 27,
2016 by Larry Thomas in Business Strategy, Industry, Retail Technology
Retail software provider Storis has launched a program that offers incentives for clients who take part in beta testing of upcoming Storis releases.
October 26,
2016 by Jane Chero in Designer Weekly, High Point, Industry, Market, Special Events
A group of leading designers were honored with Pinnacle Awards Monday night at High Point Furniture Market during the American Society of Furniture Designers’ gala event that recognized the residential furniture industry’s top designers.
October 26,
2016 by Jane Chero in Business Strategy, Designer Weekly, High Point, Industry, Market, Retail Technology, Special Events
Along with welcoming visitors to a brand-new showroom at the Fall High Point Market, Somerton Dwelling harnessed the power of technology to further enhance the customer experience.
October 26,
2016 by Jane Chero in Business Strategy, Casual Furniture, Designer Weekly, Display, Industry
Designers from the six industry-leading home design brands that makeup the ELEVATE Design Collective, are sharing insight on how to simplify any room in the home in response to the need for all of us to disconnect from our busy lives, which has inspired an interior design detox trend, meant to bring an aura of serenity and simplicity to the home.
October 26,
2016 by Jane Chero in Designer Weekly, Industry, Special Events
Decorative lighting source Crystorama Lighting has been named a finalist in the 28th annual ARTS Awards competition in the lighting fixtures category.