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From Home Furnishing Business

Report: Chromcraft Revington Defaults on IHFC Lease

Furniture supplier Chromcraft Revington has been ordered to pay IHFC Properties more than $600,000 plus interest after defaulting on its lease at the International Home Furnishings Center in High Point, according to the Triad Business Journal.

RH Wraps up 2014 with 41% Income Boost

Lifestyle home furnishings retailer Restoration Hardware (NYSE: RH) posted net income of $42.5 million for the fourth quarter ended Jan. 31, compared to net income of $26.6 million in the same period last year.

Surya Partners with Clairebella for Rugs

Rug and accessories supplier Surya is adding to its stable of branded rugs with a collection of outdoor rugs from Clairebella

Demolition at Ikea Site Begins

The demolition of 19 buildings started Thursday in Burbank, Calif., to make room for a new Ikea store.

Stein World Creates Design Source Program

Accent furnishings supplier Stein World has created a program providing interior designers a simplified way to order products.

I.O. Metro Names New CEO

Fast-growing lifestyle retailer I.O. Metro has named a new chief executive officer.

 

Nova LifeStyle Posts 26% Sales Increase

Nova LifeStyle (NASDAQ: NVFY) has reported net income of about $8.6 million for the year ended Dec. 31 compared to $4.9 million for the prior year.

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