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From Home Furnishing Business

Flexsteel Increases Dividend by 11%

The Board of Directors of Flexsteel (FLXS) has voted to increase the company’s quarterly cash dividend to 20 cents per share, payable Oct. 7 to shareholders of record Sept. 23.

DeLandis Furniture to Add Power Motion to DeCoro

Leather upholstery resource DeLandis Furniture, which acquired the DeCoro name and intellectual property last year, has reengineered several DeCoro stationary frames to incorporate power motion in more upscale designs.

Fairfield Chair, Brownstone to Open Showrooms in 200 North Hamilton

High-end resources Fairfield Chair and Brownstone will open new showrooms next month in the 200 North Hamilton building, which is part of the Hamilton-Wrenn design district.

Mike Fisch to Lead Business Development at The Mitchell Group

Industry veteran Mike Fisch has been named Vice President for Strategic Business Development for fabric converter and textile resource The Mitchell Group.

Furniture First Adds Members in Texas, Vermont

Furniture First’s board of directors has approved two new members for the buying group – Aladdin Home Store in Marble Falls, Texas, and Wendell’s Furniture in South Burlington, VT.

FastFact: Millennials Want to be Courted by Brands, Loyalty Programs

Although Millennials clearly are the digital generation, a recent survey by Forbes magazine shows they don’t want to completely abandon traditional ways of shopping.

Benton Named Group President of South Asia Furniture Manufacturing

South Asia Furniture Manufacturing, parent company of South Sea Rattan and Fairfax case goods, has named industry veteran Bill Benton as group president.

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