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From Home Furnishing Business

Lisbon-based Designer to Headline WithIt Educational Breakfast

International designer Joana Aranha, founder of a Lisbon-based architecture and interior design firm, will headline the WithIt educational breakfast on Sunday, Oct. 23.

Versatile Credit Service Launched in Furniture First Stores

Retail finance company Versatile Credit said its in-store finance application service is now available in about 60 Furniture First member store fronts.

Palliser to Officially Unveil Renovated Showroom on Oct. 21

Palliser has overhauled its showroom on the fourth floor of the 220 Elm building, and will officially unveil the renovated space at a cocktail party the night before the official opening of the High Point Market.

FastFact: New Report Says E-commerce Accounts for Less Than 10% of Total Retail Sales

While e-commerce now accounts for nearly 15% of all home furnishings sales, it remains a small part of overall retail sales, according to a report recently released by the U.S. Census Bureau.

Report: Ashley Furniture, Hanjin Shipping Tangle in Bankruptcy Court

Ashley Furniture told a U.S. Bankruptcy Court judge last week that shipping line Hanjin, which recently filed for bankruptcy protection, is refusing to release many of its containers, and said it has had to pick up other containers that were delivered to the wrong ports.

Flexsteel Executive Lee Fautsch to Retire; Kennedy Named VP of Home Furnishings

Longtime Flexsteel (FLXS) executive Lee David Fautsch, senior vice president of sales for home furnishings, has announced his retirement effective Oct. 31.

More Than 50 New Exhibitors Join Suites at Market Square

More than 50 new tenants will have temporary showrooms in the Suites at Market Square building at this month’s High Point Market, according to building owner International Market Centers.

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