October 17,
2013 by in Bedding, Financial Reports, Industry, Product
Specialty bedding retailer Select Comfort Corp. reported third-quarter results well below analysts' estimates due to higher costs and sagging demand for its mattresses, sending its shares down 25 percent after the bell.
October 17,
2013 by in Executive Changes, Industry
Andrew Tepperman of Tepperman's and David Gunn of Knight Furniture have joined the board of directors for the North American Home Furnishings Association.
October 16,
2013 by in Executive Changes, Industry
Samuel Shaffer has been named CEO of home décor supplier Michael Aram. He succeeds Sebastian Herald, who has resigned to pursue other opportunities.
October 16,
2013 by in Economic News, Industry
Billionaire Warren Buffett says it would be idiocy for the nation's leaders to allow the United States to default on its bills.
October 16,
2013 by in Community / Charitable Support, Industry
The "hardscape" for the new Pat Plaxico Gardens at the Bernice Bienenstock Furniture Library in High Point is nearly complete.
October 16,
2013 by in Financial Reports, Industry, Product, Upholstery
Flexsteel Inds. (NASDAQ: FLXS) posted net income of $3.8 million for the first quarter ended Sept. 30, compared to $2.9 million during the same quarter last year.
October 16,
2013 by in Business Strategy, Carpets / Rugs, Industry, Product
Home décor supplier Surya has teamed up with interior designer Brian Gluckstein's GlucksteinHome for an exclusive line of rugs.