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From Home Furnishing Business

Matt Firm Sales Jump 48%, But Interest, Acquisition Costs Lead to Net Loss

Mattress Firm (MFRM) said sales shot up more than 48% to $980 million in the quarter ended Aug. 2, but the specialty bedding retailer recorded a net loss of $2.2 million due to heavy interest expenses and costs related to its recent spate of acquisitions.

Pier 1 CEO to Resign; Retailer Forecasts Lower Q2 Sales

Retailer Pier 1 (PIR) Imports said its board of directors has “mutually agreed” with President and CEO Alex Smith that he will resign effective Dec. 31.

Acquisition Fuels Sales, Profit Growth at Hooker Furniture

Driven by its recently completed acquisition of Home Meridian, Hooker Furniture (HOFT) said sales more than doubled to $136.2 million in the quarter ended July 31.

HDR Taps Wheeler as Global Director of Interior Design and Workplace Strategy

Interior Design Hall of Fame Inductee and past President of the American Society of Interior Designers, Gary Wheeler will join HDR as the Global Director of Interior Design.

Crystorama Lighting Bands Together for Flood Relief Supply Drive

The office and warehouse team at Crystorama Lighting, a leading source in the lighting industry, held a flood relief supply drive at the company’s Westbury, N.Y., offices last week, collecting a large assortment of household items to help victims of the recent catastrophic flooding in Baton Rouge, L.A.

Registration Open for Design Chicago

Design Chicago, the Midwest’s Largest Annual Interior Design event, invites you to register for two days of design inspiration and education with over 30 engaging featured presentations and CEU’s by the industry’s most acclaimed designers and showrooms.

ARTS Awards Finalists Announced

Dallas Market Center, co-founder and producer of the ARTS Awards, and ART, the creative home furnishings network, have announced the finalists for the 28th annual ARTS Awards.

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