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From Home Furnishing Business

Wayfair Smashes Holiday Weekend Sales Record

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.

FastFact: Movers Generally Stay Close to Home

As the percentage of Americans moving remains at historically low levels, data from the U.S. Census Bureau shows that those who do move generally don’t move very far from their original residence.

Stanley Inks $16.1 Million Sale Agreement

Stanley Furniture (NASDAQ: STLY), a legacy furniture producer that has struggled to turn a profit in recent years, said it has agreed to sell substantially all of its assets to a company owned by the chairman of Vietnam-based strategic planning and logistics firm.

FastFact: American Mobility Patterns Show Little Change

Although the percentage of Americans moving and changing residences reached historic lows in 2015 and 2016, the patterns of mobility have not shifted significantly for decades, according to data from the U.S. Census Bureau’s Current Population Survey.

Williams-Sonoma Q3 Profits Up 2.8%; Sees Growth Online and in Stores

Retailer Williams-Sonoma (NYSE: WSM), parent company of Pottery Barn, West Elm and several other retail formats, said third-quarter earnings edged up 2.8% to $71.3 million or 84 cents per share as its e-commerce and brick-and-mortar businesses continued to grow.

Ethan Allen Approves Special Dividend Payment

Vertically integrated Ethan Allen (NYSE: ETH) said its board of directors approved a special dividend of 31 cents per share, in addition to its regular quarterly dividend of 19 cents per share.

RH Boosts Revenue, Earnings Projections

Retailer RH (NYSE: RH), formerly known as Restoration Hardware, has raised its revenue and adjusted net income projections for the third and fourth quarters of its fiscal year as the company continues to gain momentum from its new membership business model and a host of other initiatives.

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