Daily News
From Home Furnishing Business
August 20,
2026 by Karen Parrish in Business Strategy, Industry 
Doug Bergeron, a beneficial owner of 5.0% of the outstanding common stock of Ethan Allen Interiors Inc., issued the following statement in response to the Company's August 19, 2026 announcement declaring a $3.00 per share special cash dividend:
August 20,
2026 by Karen Parrish in Business Strategy, Industry
Leggett & Platt announced that its shareholders voted to approve the merger of the Company with Somnigroup International, Inc.
August 20,
2026 by Karen Parrish in Business Strategy, Industry
The TJX Companies, Inc. (NYSE: TJX), the leading off-price apparel and home fashions retailer in the U.S. and worldwide, today announced sales and operating results for the second quarter ended August 1, 2026. Net sales for the second quarter of Fiscal 2027 were $15.2 billion, an increase of 5% versus the second quarter of Fiscal 2026. Second quarter Fiscal 2027 consolidated comparable sales increased 4%. Net income for the second quarter of Fiscal 2027 was $1.5 billion. Second quarter Fiscal 2027 diluted earnings per share were $1.36, up 24% versus $1.10 in the second quarter of Fiscal 2026. Excluding a $.14 net benefit from tariff refunds, second quarter Fiscal 2027 adjusted diluted earnings per share were $1.22, up 11% versus the prior year.
August 20,
2026 by Karen Parrish in Business Strategy, Industry
Ernesta, the largest retailer of custom-sized rugs in the United States, announced the move to its new headquarters at 119 West 24th Street in Manhattan, alongside the appointments of Rohit Bagalkot as Vice President of Marketing and Kelly Shah as Director of Inventory Planning. Together, the new space and the new leaders mark the next chapter in a year of rapid expansion for the company, which recently reported significant year-over-year growth and closed a $20 million Series B.
August 20,
2026 by Karen Parrish in Business Strategy, Industry
New insights from one-year pilots in IKEA U.S. and IKEA Switzerland suggest that making learning more accessible for IKEA store co-workers can support engagement, retention and business performance. Through dedicated learning time and easier access to development opportunities, the Protect Time to Learn pilots explored how learning could become a more natural part of everyday work. Early findings indicate that when learning is easier to access, it can help co-workers build skills and confidence, contribute to better customer experiences, and support positive business outcomes.
August 19,
2026 by Karen Parrish in Business Strategy, Industry
The International Society of Furniture Designers (ISFD) will mark the 30th anniversary of its prestigious Pinnacle Awards® with an evening designed to bring the furniture industry together in celebration. Set during the Fall High Point Market, the 30th Annual Pinnacle Awards® Gala will be held on Monday, Oct. 19, from 5:30 to 9:30 p.m. in the IHFC 11th Floor Club Level Ballroom. Designers, manufacturers, retailers, industry veterans, students, and friends of ISFD are welcome to enjoy an evening of networking, cocktails, and an exciting presentation of awards to this year’s most outstanding furniture designs. The celebration also gives back with a portion of ticket proceeds supporting the ISFD Foundation Scholarship Fund, which provides scholarships to talented student designers nationwide. Seating is limited, and tickets are available now on the Pinnacle Awards® Gala website.
August 19,
2026 by Karen Parrish in Business Strategy, Industry
Global luxury brand Adriana Hoyos announces the launch of Privé, a new, premium product category debuting with 26 upholstery, case, and accent styles at the upcoming High Point Market, October 17–21.