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From Home Furnishing Business

Dufresne Spencer Buys 8 Furniture Stores

St. Louis-based Phillips Furniture and its eight licensed Ashley Furniture HomeStores have been sold to Memphis, Tenn.-based Dufresne Spencer Group.

Bassett Furniture to Expand Production in Va.

Bassett Furniture Inds. (NASDAQ: BSET) plans to invest $1.5 million to expand its operations in Henry County, Virginia, to grow its custom casual dining business.

Pier 1 Posts 3Q Income of $26.8 Million

Specialty home furnishings retailer Pier 1 Imports  (NYSE: PIR) reported net income of $26.8  million for the third quarter ended Nov. 30, compared to $23.7 million reported in the year-ago period.

Ethan Allen Opens Stores in Saudi Arabia and Romania

Furniture retailer Ethan Allen  (NYSE: ETH) has opened design centers in Saudi Arabia and Romania, further building its international presence.

Arhaus Furniture to Build $43M Headquarters

Home furnishings retailer Arhaus Furniture will begin construction on a 1-million-square-foot corporate headquarters and distribution center next year in Boston Heights, Ohio.

McCray to Lead Heritage Home Designer Brand Sales

Heritage Home Group has named Gary McCray senior vice president of designer brand sales, a new position.

Brandsource Sets Expo Dates

Home furnishings merchandising group Brandsource has set the 2014 BrandSource Summit & Expo for March 16–19 at the World Marriott Center in Orlando.

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