June 7,
2024 by HFBusiness Staff in Business Strategy, Industry 
Five influential industry leaders will be inducted into the American Home Furnishings Hall of Fame on Oct. 27 during the High Point Market. Joining the current 134 members of the Hall of Fame are Joseph P. Cory Sr., former chairman of Cory 1st Choice Home Delivery; Thomas Day, designer and cabinetmaker; Steven F. Elton, chief brand curator of Brown Jordan; Bob McCreary, founder of McCreary Modern; and Clarence H. Smith, chairman and CEO of Havertys Furniture.
June 7,
2024 by HFBusiness Staff in Business Strategy, Industry
Hooker Furnishings Corporation announced its fiscal 2025 first quarter operating results for the period beginning January 29 and ending April 28, 2024.
June 7,
2024 by HFBusiness Staff in Business Strategy, Industry
Ethan Allen has announced plans to move its Albuquerque, New Mexico, and Watchung, New Jersey, Design Centers to new locations in the Fall of 2024.
June 7,
2024 by HFBusiness Staff in Business Strategy, Industry
CITY Furniture, a family-owned American furniture, mattress retailer, and fine upholstery manufacturer, is proud to announce that it has raised $691,987 for the American Heart Association (AHA) this year. This remarkable achievement surpasses CITY's initial pledge to raise $650,000 through CITY's 5% Giving Pledge.
June 7,
2024 by HFBusiness Staff in Business Strategy, Industry
Kirkland's, Inc., a specialty retailer of home décor and furnishings, announced financial results for the 13-week period ended May 4, 2024.
June 7,
2024 by HFBusiness Staff in Business Strategy, Industry
Big Lots, Inc. reported a net loss of $205.0 million, or $6.99 per share, for the first quarter of fiscal 2024 ended May 4, 2024. This result includes a net after-tax loss of $72.7 million, or $2.48 per diluted share, associated with impairment charges, fees related to Project Springboard, and distribution center closure costs. Excluding this loss, the adjusted net loss in the first quarter of 2024 was $132.3 million, or $4.51 per diluted share (see non-GAAP table included later in this release). The adjusted net loss for the first quarter of fiscal 2023 was $98.7 million, or $3.40 per diluted share.
June 5,
2024 by HFBusiness Staff in Business Strategy, Industry
In its continuous efforts to innovate for retail success, Diamond Mattress added premium natural latex sleep products to its eco-friendly Ethos collection aimed at helping retailers differentiate and gain healthy margins.