February 7,
2018 by Larry Thomas in Business Strategy, Industry
Harden Furniture, which abruptly shut down last week after the company’s sale at a foreclosure auction, plans to restart production on a limited basis, according to several media reports.
February 7,
2018 by Larry Thomas in Business Strategy, Designer Weekly, Industry
Mill Village Collective, a group of design-forward exhibitors, specialty producers and custom furniture manufacturers that began exhibiting during the High Point Market last year, will move their “show within a show” to the historic Union Square building for the April market.
February 7,
2018 by Larry Thomas in Industry, Store Openings
Art Van Furniture’s largest franchisee will officially open five stores in the St. Louis market on Friday with ribbon-cutting ceremonies at each location.
February 7,
2018 by Larry Thomas in Business Strategy, Industry
Lifestyle furniture and décor resource Zuo has overhauled its Miami showroom, highlighting its new Zuo Décor division and adding a series of vignettes for its indoor and outdoor furniture collections.
February 6,
2018 by Larry Thomas in Economic News, Financial Reports, Industry
Leggett & Platt (NYSE: LEG) said fourth-quarter sales rose 8.9% to $984.5 million, but profits tumbled 56% due largely to one-time charges related to recently-enacted changes in corporate tax rates.
February 6,
2018 by Larry Thomas in Business Strategy, Industry
Rent-to-own operator Rent-A-Center (NASDAQ: RCII) said it has entered into a “cooperation agreement” with activist shareholder Engaged Capital and will support the shareholder’s nominee for a seat on the board of directors at the 2018 annual meeting.
February 6,
2018 by Larry Thomas in Business Strategy, Industry
High-end casual furniture producer Castelle has launched a custom draping tool that allows consumers and dealers to customize pieces from its line in virtual and printed formats.