December 2,
2015 by in Financial Reports, Industry
The final tally is in from the Ethan Allen proxy battle and it shows that four of the company’s seven existing directors secured about 59 percent of the shareholder vote. One of Sandell Asset Management’s six nominees took about 39 percent of the votes.
December 2,
2015 by in Furniture Retailing, Industry
Sofas and sectionals were big sellers through Wayfair’s (NYSE: W) five-day Thanksgiving Day through Cyber Monday shopping period.
December 2,
2015 by in Executive Changes, Industry
Case goods and upholstery vendor Theodore Alexander has named Jeremy Hoff president of Theodore Alexander USA.
December 2,
2015 by in Financial Reports, Industry
Upholstery fabric and mattress ticking supplier Culp (NYSE: CFI) reported net sales of $77 million for the second quarter ended Nov. 1, a 4 percent increase over net sales of $74 million in the same quarter last year.
December 2,
2015 by in Executive Changes, Industry
Robert Rider has been named manager of the newest Norris Furniture & Interiors showroom in Sarasota, Fla.
December 1,
2015 by in Economic News, Industry
Furniture orders for the month of September were flat, according to the latest data from accounting and financial services firm Smith Leonard.
December 1,
2015 by in Financial Reports, Industry
Bedding retailer Mattress Firm Holding Corp. (NASDAQ: MFRM) posted preliminary net sales of $699.5 million for the third quarter ended Nov. 3.