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From Home Furnishing Business

Ethan Allen Board Approves Dividend Increase

Directors of Ethan Allen (NYSE:ETH) have approved an increase of 2 cents per share in the quarterly cash dividend, boosting the payout of 19 cents per share.

Bob’s Donates $86,000 to Hunger Relief Efforts

In celebration of the upcoming holidays, Bob’s Discount Furniture has donated $86,000 to food pantries and hunger-relief programs within its markets throughout the Northeast, mid-Atlantic and Midwest.

La-Z-Boy to Acquire U.K. Licensee; Buys 9 Retail Stores in Pennsylvania

La-Z-Boy (LZB) announced it has agreed to acquire the license for the La-Z-Boy brand in the United Kingdom and Ireland, and also said it has completed the purchase of nine La-Z-Boy Furniture Galleries retail stores from an independent dealer in northeastern Pennsylvania.

Market Authority Names 2017 Style Spotters Team

The High Point Market Authority has named eight people to its 2017 Style Spotters team, which for the first time will consist of a pair of designers from four interior design firms.

O’Mara To Head Steinreich Communications Office

Steinreich Communications Group, an international public relations firm that has numerous furniture and mattress industry clients, has named Sheila Long O’Mara as the new head of its High Point, N.C., office.

NEHDS Logistics Names Charles Johnson President, COO

NEHDS Logistics, a provider of last-mile delivery and warehousing services, has named logistics industry veteran Charles Johnson as president and chief operating officer.

Nova LifeStyle Reports 26.9% Q3 Sales Increase

Nova LifeStyle, (NVFY) parent company of Diamond Sofa and several other lifestyle home furnishings brands, said third-quarter sales jumped 26.9% to $30.5 million as the company continued to focus on higher-margin premium products.

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