March 30,
2015 by in Industry, Legal
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.
March 27,
2015 by in Financial Reports, Furniture Retailing, Industry
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.
March 27,
2015 by in Carpets / Rugs, Industry, Licensing, Product
Rug and accessories supplier Surya is adding to its stable of branded rugs with a collection of outdoor rugs from Clairebella.
March 27,
2015 by in Furniture Retailing, Industry
The demolition of 19 buildings started Thursday in Burbank, Calif., to make room for a new Ikea store.
March 27,
2015 by in Business Strategy, Industry
Accent furnishings supplier Stein World has created a program providing interior designers a simplified way to order products.
March 26,
2015 by in Executive Changes, Furniture Retailing, Industry
Fast-growing lifestyle retailer I.O. Metro has named a new chief executive officer.
March 26,
2015 by in Financial Reports, Industry
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.