November 16,
2016 by Larry Thomas in Acquisition, Industry
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.
November 16,
2016 by Larry Thomas in Designer Weekly, High Point, Industry, Market, Special Events
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.
November 16,
2016 by Larry Thomas in Business Strategy, Industry
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.
November 15,
2016 by Larry Thomas in Executive Changes, Industry
NEHDS Logistics, a provider of last-mile delivery and warehousing services, has named logistics industry veteran Charles Johnson as president and chief operating officer.
November 15,
2016 by Larry Thomas in Financial Reports, Industry
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.
November 15,
2016 by Larry Thomas in Financial Reports, Industry
Retailer Pier 1 Imports (PIR), which is being pressured by activist shareholders to improve results, said sales in the current quarter are better than expected to date, and noted that sales and earnings should be at the higher end of the projections issued in late September.
November 15,
2016 by Larry Thomas in Business Strategy, Industry

Pleasant Mattress, a West Coast mattress producer, has promoted Mingo Urrea and Vue Yang to management positions in its manufacturing operations.