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From Home Furnishing Business

Richard Magnussen to Chair AHFA Board in 2017

Richard Magnussen, CEO of Magnussen Home, was elected 2017 chairman of the American Home Furnishings Alliance board of directors during the organization’s recent annual meeting in Kiawah Island, S.C.

Pleasant Mattress Names Stype to Quality Control Post

West Coast mattress producer Pleasant Mattress has named Michael Stype as its new director of quality and compliance.

FastFact: E-Commerce Still Growing, But Not as Rapidly as Total Shipments

In the final installment of a series of factoids addressing the rise of e-commerce in furniture manufacturing and the merchant wholesale trade, we highlight a U.S. Census Bureau study that tracked e-commerce sales by merchant wholesalers (distributors, jobbers, drop shippers, import/export merchants and like) and MSBOs, or manufacturers sales branches and offices.

SunBelt Xpress Acquires Northwest Furniture Express

Specialized furniture carrier SunBelt Xpress has acquired Northwest Furniture Express, which services furniture accounts in the Pacific Northwest and parts of western Canada.

Restoration Hardware Unveils Concierge-Level Design Platform

RH, also known as Restoration Hardware Holdings (RH) has launched a fully integrated design platform called RH Interior Design, a concierge-level program the retailer said “inspires customers to imagine the infinite potential of a blank canvas and make their dream space a reality.”

Furniture First Launches Symposium Sponsorship Portal

Furniture First, a home furnishings and mattress buying group, has launched an online portal for its approved supplier partners to sign up to sponsor the buying group’s annual symposium, which takes place May 15-17 in Phoenix at the JW Marriott Desert Ridge Resort & Spa.

Overstock Q3 Revenue Rises 12.9%, But Net Loss Increases

E-commerce retailer Overstock.com (OSTK) said third-quarter revenue rose 12.9%, but its net loss widened due largely to losses in its business unit that’s promoting Bitcoin technology.

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