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From Home Furnishing Business

Wayfair Q2 Revenue Jumps 49%, Profits Down $100.7 Million

E-commerce powerhouse Wayfair (NYSE: W) said second-quarter revenues shot up 48.8% to $1.6 billion, while gross profit was $385 million or 23.3% of total net revenue.

NRF Responds to Proposed 25% Tariffs

The National Retail Federation has responded to the administration’s recent announcement that it will consider imposing a tariff of 25 percent rather than 10 percent on $200 billion in goods from China.

HBF Partners with Designer Mario Ruiz to Update Costa Line

HBF has announced the relaunch of its Costa line of conference and training tables, designed by Mario Ruiz.

Start-up Gjemeni Launches Furniture-in-a-Box Collection

Gjemeni, a direct-to-consumer furniture start-up, has added to the growing furniture-in-a-box industry with the launch of its versatile couch.

Ikea, Midwest Distribution Center Receives LEED Gold Certification

Retail powerhouse Ikea announced that its Midwest distribution center under construction in Joliet, IL, has been awarded the Leadership in Energy and Environmental Design (LEED) Gold Certification from the United States Green Building Council (USGBC).

XPO Reports Record Q2 Revenue, Profits Soar 178%

Logistics provider XPO Logistics (NYSE:XPO) said second-quarter revenue rose 16 percent year-over-year to $4.36 billion, while net income increased 178 percent – jumping from $47.6 million to $137.5 million.

AHFA Announces Education Golf Tournament

The Solution Partners division of the American Home Furnishings Alliance (AHFA) has announced its 28th Annual Education Golf Tournament, scheduled for Sept. 12 at Lake Hickory Country Club in Hickory, N.C.

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