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From Home Furnishing Business

Dorel 1Q Income Jumps 11.1%

Dorel Inds. (TSX: DII-B)  (TSX: DII-A) reported first quarter net income of $24.8 million, up 11.1 percent compared to net income of $22.3 million reported in the first quarter of last year.

Furniture First Redesigns Prospective Member Site

Furniture First has introduced a redesign of its Web site for retailers interested in learning more about the national buying group. 

Lucas Named President of HTL

Stefanie Lucas has been named president for HTL Furniture


Living Spaces Steps Out in Phoenix

Home furnishings retailer Living Spaces  has opened its second store in Arizona.

NRF: Imports to Rise 3.5 Percent in May

Import volume at major retail U.S. container ports should increase 3.5 percent in May, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.

Mega Names Magnussen Supplier of the Year

The Canadian Mega Group has named Magnussen Home Furnishings its supplier of the year. 

Costco April Sales Up

Warehouse retailer Costco reported a monthly sales increase of 7 percent with net sales of $8.56 billion for the month ended May 4 compared with the same four-week period last year.

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