July 22,
2013 by CNBC in Financial Reports, Industry
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.
July 22,
2013 by WMBF in Industry, Retail Closing
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.
July 19,
2013 by in Economic News, Industry
Samson Holding plans to sell a portion of its nearly 13 percent stake in Furniture Brands International (NYSE: FBN).
July 19,
2013 by in Executive Changes, Industry
Interior designer Shannon Growney has joined the in-house design team at furniture retailer Scott Shuptrine Interiors' Grand Rapids, Mi., gallery.
July 19,
2013 by in Financial Reports, Industry
Bassett Furniture Inds. (NASDAQ: BSET) has increased its regular quarterly dividend by 20 percent.
July 19,
2013 by in Community / Charitable Support, Industry
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.
July 19,
2013 by STLtoday.com in Economic News, Industry
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.