August 21,
2013 by in Industry, Special Events
Interior designer Adriana Hoyos will host the 25th Annual American Furniture Hall of Fame induction banquet at the Fall High Point Market.
August 21,
2013 by in Financial Reports, Furniture Retailing, Industry
Buoyed by a 6 percent rise in total sales, furniture maker La-Z-Boy Inc. on Tuesday reported a fiscal first quarter profit of $9.6 million, or 18 cents per share, up 118 percent from $4.4 million, or 8 cents per share, for the same period a year ago.
The Monroe-based company, which makes the iconic La-Z-Boy recliner, said its quarterly sales totaled $318.9 million, compared with $301.5 million a year earlier.
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Source: Toledoblade.com
August 21,
2013 by in Industry, Obituaries
Furniture designer Charles Pollock, 83, was killed in a house fire at his home in the New York City borough of Queens.
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Source: Newsday
August 20,
2013 by in Customer Service, Industry
Furniture rental retailer Cort Business Services has opened a customer service and distribution center in Omaha, Neb.
August 20,
2013 by in Industry, Licensing, Lighting, Product
Lighting, decor and accents vendor Port 68 has teamed high-end textile source Scalamandré for a licensed line of lighting, accessories and accent upholstery.
August 20,
2013 by in Industry, Web Retail
Internet retailer Livingincomfort.com is moving into furniture.
August 20,
2013 by in Business Strategy, Industry
Troubled furniture maker Furniture Brands has tapped restructuring lawyers and advisers to examine options to deal with its debt load, including the possibility of bankruptcy, according to a news report.
News reports say the advisers are examining several alternatives and the situation is still fluid, according to unnamed sources familiar with the matter.
Clayton-based Furniture Brands did not immediately respond to a request for comment.
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Source: STLtoday.com