February 7,
2014 by in Industry, Retail Closing
An Ashley Furniture Homestore outlet in Memphis, Tenn., will close.
February 7,
2014 by in Economic News, Industry
While affluent consumer confidence as measured by Unity Marketing's Luxury Consumption Index rose slightly in early January, the latest survey forecasting spending and purchases among the affluent shoppers shows they are more likely to save and invest any financial gains they accumulate over the next 12 months, rather than pick up the pace of spending on luxury or high-end goods and services.
February 7,
2014 by in High Point, Industry, Market, Social Media
The High Point Market Authority and collaborative design community Decor Mentor will again co-host a global Twitter Chat to preview new products at Spring Market.
February 6,
2014 by in Financial Reports, Industry
Upholstered furniture manufacturer Flexsteel reported record fiscal second-quarter sales of $113 million, a 19 percent increase over the prior-year period.
February 6,
2014 by in Financial Reports, Industry
Specialty bedding retailer and manufacturer Select Comfort (NASDAQ:SCSS) reported a 5 percent increase in sales to $231 million during its fourth quarter.
February 6,
2014 by in Furniture Retailing, Industry, Internet
Rapid growth at online home furnishings retailer Wayfair is spurring more talk about an initial public offering at the Boston-based company.
February 6,
2014 by in Furniture Retailing, Industry
Harkness Furniture is giving back more than $70,000 to customers after Percy Harvin's kickoff return for a Seattle Seahawks touchdown to open the second half of the Super Bowl.