September 9,
2016 by Jane Chero in Business Strategy, Industry 
Continuing problems in its consumer credit business and a decline in same-store sales caused retailer Conn’s Inc. (CONN) to swing to a net loss of $11.9 million or 39 cents per share in the quarter ended July 31.
September 9,
2016 by Jane Chero in Industry, Special Events
La-Z-Boy (LZB) has opened its 100th new concept retail store in Prescott Valley, Ariz., part of a major effort to update and expand its network of La-Z-Boy Furniture Galleries stores.
September 9,
2016 by Jane Chero in Acquisition, Business Strategy, Industry, Mattresses, Product
Mattress Firm (MFRM) said sales shot up more than 48% to $980 million in the quarter ended Aug. 2, but the specialty bedding retailer recorded a net loss of $2.2 million due to heavy interest expenses and costs related to its recent spate of acquisitions.
September 8,
2016 by Jane Chero in Business Strategy, Executive Changes, Financial Reports, Industry
Retailer Pier 1 (PIR) Imports said its board of directors has “mutually agreed” with President and CEO Alex Smith that he will resign effective Dec. 31.
September 8,
2016 by Jane Chero in Acquisition, Business Strategy, Industry
Driven by its recently completed acquisition of Home Meridian, Hooker Furniture (HOFT) said sales more than doubled to $136.2 million in the quarter ended July 31.
September 7,
2016 by Jane Chero in Designer Weekly, Executive Changes, Industry
Interior Design Hall of Fame Inductee and past President of the American Society of Interior Designers, Gary Wheeler will join HDR as the Global Director of Interior Design.
September 7,
2016 by Jane Chero in Community / Charitable Support, Designer Weekly, Industry
The office and warehouse team at Crystorama Lighting, a leading source in the lighting industry, held a flood relief supply drive at the company’s Westbury, N.Y., offices last week, collecting a large assortment of household items to help victims of the recent catastrophic flooding in Baton Rouge, L.A.