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From Home Furnishing Business

Markor Furniture Expects Profit to Top Estimates

Markor International Furniture, the owner of furniture suppliers Schnadig and A.R.T. Furniture,  has said it expects net profit for fiscal 2013 to top analysts' estimates.

RH Delves into Art with Journal

Restoration Hardware will unveil a quarterly art magazine next week called RH Contemporary Art Journal. The retailer is not a newcomer when it comes to publishing. Have you seen the home furnishings retailer's catalogs?

Pottery Barn Brands to Open Combined Store

Specialty home furnishings retailer PBteen  opens its first store on Long Island next week. The store will be the Williams-Sonoma  (NYSE: WSM) brand's first combined location featuring pass-through access to Pottery Barn and Pottery Barn Kids. 

Havertys Gets 11.6% Sales Increase in 3Q

Higher ticket prices and an increase in written business gave home furnishings retailer Havertys  (NYSE: HVT)  a boost in its third quarter earnings.

Shutdown, Debt Debate Rocked Consumer Confidence

U.S. consumer confidence was shaken significantly by the U.S. government shutdown and debt-ceiling negotiations. The index fell to 71.2 from a revised 80.2 last month; the decline was the largest since August 2011.

Sears Canada to Close Toronto Flagship Store

Sears Canada is closing five of its stores, including its Toronto flagship, as part of a $400-million deal. The retailer plans to sell leases of the five stores to a mall operator.

RH Opens Texas DC, Call Center

Home furnishings retailer Restoration Hardware will open a $22 million, 865,000-square-foot distribution and call center in Grand Prairie, Texas, today. The facility will serve as the company's Southwest regional distribution hub and fulfillment center.

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