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From Home Furnishing Business

Versatile Credit, Mega Group Partner for Kiosk Program

Versatile Credit has partnered with MEGA Group USA to supply member retailers with a kiosk that gives consumers a private way to apply for credit.

Conn’s 4Q Income Drops

Retailer Conn’s Inc.  (NASDAQ: CONN) posted net income of $15.5 million for the fourth quarter ended Jan. 31 compared to $27.7 million for the prior year fourth quarter.

Spring Air Shifts Licensing Territories

Bedding supplier Spring Air has reassigned and reorganized several areas of licensing responsibility in the U.S.

FastFact: Under 5 Age Group to Post Significant Gains

  Demographic shifts over the next five to 10 years will influence the demand for youth furniture. Population projections provide a basis of what can be expected the category’s growth.

Natuzzi 4Q Sales Climb 12.6%

Leather upholstery supplier Natuzzi (NYSE: NTZ) reported a net loss of $19.2 million for the fourth quarter ended Dec. 31 compared to a net loss of $37.1 million in the final quarter of last year.

Napa Home Names National Sales Manager

Christy Sims has been named national sales manager for Napa Home & Garden

Simply Amish Named Vendor of the Year by Becker Furniture

Home furnishings retailer Becker Furniture World has named case goods supplier Simply Amish its vendor of the year.

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