April 10,
2015 by in Furniture Retailing, Industry
Home furnishings retailer Ikea has broken ground for its Las Vegas store, which is set to open in the summer of 2016.
April 10,
2015 by in Executive Changes, Industry
Showroom leasing veteran Babs Blair has been named director of leasing for the Dallas Market Center.
April 9,
2015 by in Business Strategy, Industry
Lacquer Craft Furniture plans to invest more than $30 million to expand its Dongguan and Jiashan manufacturing facilities to increase production of case goods and hospitality product, increase efficiency and reduce emissions to comply with China’s new environmental regulations.
April 9,
2015 by in Furniture Retailing, Industry
Donning a cowboy hat and strumming a ukulele, Warren Buffett wowed a crowd gathered to kick off the Live Big Benefit for Cancer Support Community at the newly opened Nebraska Furniture Mart in Texas.
April 9,
2015 by in Financial Reports, Furniture Retailing, Industry
Lifestyle home furnishings retailer Pier 1 (NYSE: PIR) posted net income of $33.1 million for the fourth quarter ended Feb. 28 compared to net income of $42.6 million in the same quarter last year.
April 9,
2015 by in Financial Reports, Industry
Bassett Furniture Inds. (NASDAQ: BSET) posted net income of $6 million for the first quarter ended Feb. 28 compared to $843,000 for same period last year.
April 9,
2015 by in Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) expects to post flat first sales and an operating loss for the first quarter.