Daily News
From Home Furnishing Business
December 6,
2017 by Larry Thomas in Business Strategy, Economic News, Financial Reports, Industry 
Retailer RH (NYSE: RH) said third-quarter profits leaped to $13.2 million or 56 cents per share as the company began to reap the benefits of a new membership business model and streamlined operations.
December 4,
2017 by Larry Thomas in Economic News, Industry
The mobility patterns of homeowners and renters are very similar, with the vast majority of each group choosing to move within the same county, according to data from the U.S. Census Bureau’s Current Population Survey 2016.
December 1,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Furniture factory orders tumbled 10% in September, the first monthly decline in more than a year, according to the latest monthly survey from the Smith Leonard accounting and consulting firm.
December 1,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Discount retailer Big Lots (NYSE: BIG) said sales edged up 0.5% to $1.11 billion in the quarter ended Oct. 28, and its net income more than tripled due to an insurance settlement.
December 1,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Fabric producer Culp Inc. (NYSE: CULP) said sales rose 7.1% to $80.7 million in its second fiscal quarter, but net income fell more than 11% due largely to expenses from a proposed acquisition that never was completed.
November 30,
2017 by Jane Chero in Economic News, Financial Reports, Industry
La-Z-Boy (NYSE: LZB) said profits rose 10% to $22.9 million or 47 cents per share in the quarter ended Oct. 28 on a 4.4% jump in sales.
November 30,
2017 by Jane Chero in Business Strategy, Economic News, Industry
E-commerce powerhouse Wayfair (NYSE: W) said it has a 53% increase year-over-year in direct retail gross sales during the 5-day holiday shopping period from Thanksgiving Day to Cyber Monday.