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From Home Furnishing Business

Wayfair Co-Owners Slashed their Salaries in 2014

Wayfair, the Boston-based online home furnishings retailer, may have generated more than $1 billion in sales last year, but its CEO took home only $80,000 in base salary.

Ikea Breaks Ground for Las Vegas Store

Home furnishings retailer Ikea  has broken ground for its Las Vegas store, which is set to open in the summer of 2016.

Babs Blair Joins DMC in Leasing

Showroom leasing veteran Babs Blair has been named director of leasing for the Dallas Market Center

Lacquer Craft Furniture Plans $30M Expansion

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.


Warren Buffett Wows NFM Crowd in Texas

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.

Pier 1 4Q Income Slips

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.


Bassett Furniture Posts 23% 1Q Sales Increase

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.

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