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.
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.