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From Home Furnishing Business

Bienenstock to Host Sales Tax Law Seminar for Interior Designers

The Bienenstock Furniture Library will host a seminar dedicated to presenting and discussing issues related to the new North Carolina sales tax law, especially as it relates to fabrication and installation labor.

FastFact: Industry Sales Up Compared to 2015 Q1

Furniture sales, totaling approximately $23 billion, were up 4.2 percent in the first quarter of 2016 compared to the first quarter of 2015.

Symbol Mattress Promotes Clevenger, McQuiston

Richmond, Va.-based Symbol Mattress Co. has promoted two company executives to new leadership roles.

Serena & Lily Opens Flagship Store in Connecticut

Sausalito, Calif.-based Serena & Lily, a lifestyle and home decor brand, has opened its flagship, Serena & Lily Design Shop, at the restored Kemper-Gunn House in Westport, Conn.

Synchrony Financial Reports Increased Earnings in Q1

Stamford, Conn.-based Synchrony Financial (NYSE: SYF) has announced first quarter 2016 net earnings of $582 million. 


Online Spending to Accelerate Home Decor Growth

The global online home decor market is expected to grow at a compound annual growth rate (CAGR) of more than 19 percent until 2020, according to the latest research study by London-based Technavio, a global technology research and advisory company.

Bon-Ton Goodwill Sale Donates More Than 2M Pounds of Merchandise

Goodwill sale donors and shoppers at The Bon-Ton Stores, Inc. (NASDAQ: BONT) 267 stores, including Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers locations, donated clothing, shoes, accessories and other household textiles weighing 2.1 million pounds during the Bon-Ton Goodwill sale last month.

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