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.
July 18,
2013 by in Financial Reports, Industry
Specialty bedding retailer Select Comfort (NASDAQ: SCSS) reported net income of $9.9 million in the second quarter ended June 29, a 42 percent decrease from the nearly $17 million net income in the same quarter last year.
July 18,
2013 by Guardian.co.uk in Business Strategy, Industry
Swedish home furnishings retailer Ikea is considering a third store in Israel, this time in Ramallah in the West Bank.
July 18,
2013 by Vator.tv in Business Strategy, Industry
Chairish, a marketplace for buyers and sellers of furniture and home decor, has raised $3.2 million in seed funding, it was announced Thursday.
July 17,
2013 by in Industry, Web Retail
Columbus, Ohio-based Lombards Fine Furniture has unveiled a redesigned Web site and rebranding effort.
July 17,
2013 by in Industry, Merchandising
Somerton Dwelling has retained Jena Hall of Jena Hall Designs to develop merchandising and integrated marketing strategies to reposition and rebrand the company.
July 17,
2013 by in Business Strategy, Industry
Latex International is focusing on hybrid technologically with enhanced latex components as a key to future business.