August 2,
2021 by Laurie Northington in Business Strategy, Industry 
Global furniture producer La-Z-Boy Incorporated (NYSE: LZB) has announced it plans to invest more than $30 million over a two-year period in its Neosho, Mo. manufacturing facility.
August 2,
2021 by Laurie Northington in Business Strategy, Industry
Renovai, a provider of visual AI design solutions, has announced the closing of its Seed Capital raise of $3.7 million, led by Canadian tech fund Verstra Ventures and co-led by Australia’s leading retailer Temple & Webster. Additional participants are Alchemist Accelerator, NGN Partners , Citrine and Fusion LA.
August 2,
2021 by Laurie Northington in Business Strategy, Industry
Aiming to combine high performing air purifying solutions with design and technology, Ikea has launched the first smart air purifier, Starkvind. From October 2021, Starkvind air purifiers will start to be available in IKEA retail channels.
August 1,
2021 by Laurie Northington in Business Strategy, Industry
New orders in May were up 47% over May 2020. The May 2020 results were just the beginning of a somewhat comeback, according to a report by Smith Leonard accounting and consulting firm.
August 1,
2021 by Laurie Northington in Business Strategy, Industry
Retail software provider Storis has announced the induction of Client Relations Manager Nancy Figueras to the 2021 Home Furnishings Business (HFB) Forty Under 40 Class. HFB started the Forty Under 40 program in 2015 to recognize accomplished, up-and-coming professionals in the industry.
August 1,
2021 by Laurie Northington in Business Strategy, Industry
XPO Logistics (NYSE: XPO) has announced that the executive team and members of the board of directors of GXO Logistics, Inc. will ring the New York Stock Exchange’s Opening Bell at 9:30 a.m. today, launching GXO as the world’s largest pure-play contract logistics provider.
July 30,
2021 by Laurie Northington in Business Strategy, Industry
Leading industry trade magazine Home Furnishings Business (HFB) is pleased to announce the honorees of its Forty Under 40 Class of 2021, which recognizes young leaders in the home furnishings industry. Now in its eighth year the Forty Under 40, sponsored by Storis, includes stellar individuals whose actions and leadership are driving the industry forward through their commitment to their core values, professional excellence, business growth, and the communities in which they serve. In honor of the inductees, a slideshow is now available here.