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From Home Furnishing Business

Rent-A-Center 2Q Profit Drops 5%

Rent-A-Center on Monday said that net income in the second quarter fell 5 percent as costs rose and a key sales measure dropped.

S.C. Furniture Store Closes, Takes Customers' Money

A South Carolina furniture store, established in the community since 1970, has disappeared almost overnight. According to the Better Business Bureau, customers with Bo Smith Furniture are still waiting on over $20,000 in undelivered furniture.

Samson Holding Plans to Sell Shares in Furniture Brands

Samson Holding plans to sell a portion of its nearly 13 percent stake in Furniture Brands International (NYSE: FBN). 

Designer Growney Joins Scott Shuptrine

Interior designer Shannon Growney  has joined the in-house design team at furniture retailer Scott Shuptrine Interiors' Grand Rapids, Mi., gallery.

Bassett Increases Quarterly Dividend by 20%

Bassett Furniture Inds. (NASDAQ: BSET) has increased its regular quarterly dividend by 20 percent.

Bob's, PFP Raise $515,000 for Charity

The 2013 Bob's Furniture Golf Outing, an annual event hosted by Bob's Discount Furniture Charitable Foundation and Planned Furniture Promotions, raised a record-breaking $515,000 for charity this week.

Red Ink a Constant for Furniture Brands

The furniture industry rises and falls with the housing market, and lately most sofa and dresser makers have been buoyed by the uptick in home sales.

Furniture Brands International is the notable exception. The Clayton-based company has lost money every year since 2007, and analysts don't see it turning around before 2015.

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