Daily News
From Home Furnishing Business
February 16,
2025 by Karen Parrish in Business Strategy, Industry 
Wayfair Inc. (NYSE: W), the destination for all things home, announced the appointment of Diana Frost to its board of directors, effective immediately. Frost, a seasoned executive with extensive experience in consumer brands, currently serves as Global Chief Growth Officer at Kraft Heinz.
February 16,
2025 by Karen Parrish in Business Strategy, Industry
— 4Q sales of $1.1 billion, a 5% decrease vs 4Q23
— 4Q EPS of $.10, 4Q adjusted1 EPS of $.21, a $.05 decrease vs adjusted1 4Q23 EPS
— 2024 sales of $4.4 billion, a 7% decrease vs 2023
— 2024 EPS of ($3.73), 2024 adjusted1 EPS of $1.05, a $.34 decrease vs adjusted1 2023 EPS
— 2025 guidance: sales of $4.0–$4.3 billion, EPS of $.83–$1.24; adjusted1 EPS of $1.00–$1.20
— Sam Smith appointed President of Specialized Products segment
February 16,
2025 by Karen Parrish in Business Strategy, Industry
Knoll debuts Matic Sofa, an adaptable island-like sofa collection designed in collaboration with Italian designer Piero Lissoni. Following the introduction of Lissoni's Panoramic Sofa in North America last fall, Knoll expands its portfolio of the designer's products in this region with this innovative seating solution.
February 16,
2025 by Karen Parrish in Business Strategy, Industry
RXO, a provider of asset-light transportation solutions, released new original research that reveals how 1,000 industry experts are setting standards for key performance indicators (KPIs) and how their benchmarks have evolved since the COVID-19 pandemic.
February 16,
2025 by Karen Parrish in Business Strategy, Industry
Las Vegas Design Center (LVDC) has announced three upcoming events at World Market Center Las Vegas, each designed to foster creativity, inspire discovery, and provide valuable educational opportunities for the design community.
February 16,
2025 by Karen Parrish in Business Strategy, Industry
IKEA opened a new store in Stockholm – a small store yet a great milestone in the company’s ongoing efforts to innovate and adapt to changing consumer behaviors. This new store, located in the Mall of Scandinavia, exemplifies IKEA’s strategy of developing smaller, more accessible urban store formats.
February 13,
2025 by Karen Parrish in Business Strategy, Industry
La-Z-Boy Incorporated, a global leader in the manufacture and retail of residential furniture, announced that it has been recognized as one of America's Best Large Employers by Forbes for 2025. The list, produced in partnership with market research firm Statista, recognizes companies that excel across a broad spectrum of industries in six key dimensions: atmosphere and development, salary/wage, image, diversity, working conditions, and workplace environment.