Daily News
From Home Furnishing Business
November 21,
2024 by Karen Parrish in Business Strategy, Industry 
The TJX Companies, Inc., the leading off-price apparel and home fashions retailer in the U.S. and worldwide, today announced sales and operating results for the third quarter ended November 2, 2024. Net sales for the third quarter of Fiscal 2025 were $14.1 billion, an increase of 6% versus the third quarter of Fiscal 2024. Third quarter Fiscal 2025 consolidated comparable store sales increased 3%. Net income for the third quarter of Fiscal 2025 was $1.3 billion and diluted earnings per share were $1.14, up 11% versus $1.03 in the third quarter of Fiscal 2024.
November 21,
2024 by Karen Parrish in Business Strategy, Industry
Raymour & Flanigan, the largest furniture retailer in the Northeast, is reinforcing its commitment to digital innovation with their new 3D Cloud Sectional Configurator. This tool joins 3D Cloud 360 Spins, WebAR (47x ROI), and the Room Planner, which has been used to create thousands of buyable room designs. The new configurator simplifies the sectional sofa buying process, offering easy, error-free customization that integrates seamlessly with their hybrid online and physical showroom experiences.
November 21,
2024 by Karen Parrish in Business Strategy, Industry
Furniture Connection Inc. (Furniture Connection) proudly unveiled its newest Ashley Outlet showroom with a Grand Opening and Ribbon-Cutting Ceremony. The 20,000 sq. ft. facility, located at 4000 Fort Campbell Blvd. Hopkinsville, KY marks a significant addition to the local community. Distinguished guests, including members from the Hopkinsville Chamber of Commerce, joined Furniture Connection employees in celebrating this milestone.
November 20,
2024 by Karen Parrish in Business Strategy, Industry
Williams-Sonoma, Inc. announced operating results for the third quarter ended October 27, versus the third quarter ended October 29, 2023.
November 20,
2024 by Karen Parrish in Business Strategy, Industry
When Beyond entered into the Securities Purchase Agreement dated October 15, 2024, the parties agreed that The Container Store would secure new financing on terms commercially acceptable to Beyond as a condition to closing.
November 20,
2024 by Karen Parrish in Business Strategy, Industry
The Lovesac Company, the Designed for Life home technology brand announces the arrival of the Reclining Seat. Seamlessly integrating advanced reclining technology into the modular, sectional system, known as Sactionals, the Reclining Seat delivers unparalleled comfort and flexibility while maintaining the sleek, sophisticated aesthetic that Lovesac is known for.
November 20,
2024 by Karen Parrish in Business Strategy, Industry
La-Z-Boy Incorporated (NYSE: LZB), a global leader in the retail and manufacture of residential furniture, reported strong second quarter results for the period ended October 26, 2024.