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From Home Furnishing Business

Art Van Opens 11th Chicagoland Store; Gets New Franchisee in Indiana

Art Van Furniture has opened its newest retail store in Schaumburg, Ill., and will celebrate the event with grand opening festivities that begin Thursday.

Ikea Sets Dec. 14 Grand Opening for Memphis Store

Swedish retailer Ikea announced that its newest U.S. store in Memphis, Tenn., will open at 9 a.m. on Dec. 14.

Ethan Allen Sales Rise 1.5%, But Profits Fall in Latest Quarter

Ethan Allen (ETH) said sales in its first fiscal quarter rose 1.5%, but profits fell 12% due to increased marketing expenses, new retail store openings and costs associated with the launch of its Ethan Allen/Disney line.

Bob’s Breaks Ground for New Connecticut Headquarters

Bob’s Discount Furniture broke ground Monday for its new corporate headquarters in Manchester, Conn., marking the official start of construction on the 103,000-square-foot building.

Overstock.com Opens Peace Coliseum

E-commerce powerhouse Overstock.com (OSTK) is opening its new corporate headquarters today in the Salt Lake City suburb Midvale, Utah, featuring a 231,000-square-foot main office building known as Peace Coliseum.

Ashley HomeStore Opens Second Guatemala City Location

Ashley Furniture HomeStore has opened its second location in Guatemala City, an 11,904-square-foot showroom that features fully accessorized vignettes across all major furniture categories.

Reverie Opens Second Buffalo-area Facility

Reverie, a supplier of adjustable beds, mattresses and pillows, has opened a new office in Buffalo, N.Y. to accommodate its rapid growth.

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