November 30,
2023 by HFBusiness Staff in Business Strategy, Industry 
Big Lots, Inc. (NYSE: BIG) today reported net income of $4.7 million, or $0.16 per share, for the third quarter of fiscal 2023 ended October 28, 2023. This result includes a net after-tax benefit of $132.7 million, or $4.53 per share, associated with the net impact of gains on the sale of real estate and related expenses, distribution center closure costs, impairment charges, and fees related to Project Springboard.
November 30,
2023 by HFBusiness Staff in Business Strategy, Industry
Nelson Cabinetry, an industry leader in high-quality kitchen and bathroom cabinets, is thrilled to announce the release of its limited-edition Blue Shaker Cabinets. Just in time for the upcoming holidays including Black Friday, Christmas, and New Year, this exclusive collection gives customers the chance to revamp their kitchens with a touch of elegance and charm.
November 30,
2023 by HFBusiness Staff in Business Strategy, Industry
The report from Smith Leonard this month expands on what is happening not only in the furniture industry but has highlighted insights into other economic and consumer trends.
November 30,
2023 by HFBusiness Staff in Business Strategy, Industry
Award-winning Interiors, and Kitchen & Bath Designer, Wendy Glaister, has been named as one of the 2023 Person of Year - Praiseworthy Picks.
November 29,
2023 by HFBusiness Staff in Business Strategy, Industry
Walmart is bringing together two favorite traditions this holiday season: shopping and watching RomComs. The retailer is launching “Add to Heart” – a new opportunity for customers to find holiday gifting inspiration while tuning in to the 23-part shoppable series … a RomCommerce of sorts.
November 29,
2023 by HFBusiness Staff in Business Strategy, Industry
~ La-Z-Boy Furniture Galleries® network written same-store sales increased 1%
~ GAAP diluted EPS of $0.63; Non-GAAP diluted EPS of $0.74
~ Year to date operating cash flow of $57 million, 84% above year ago period
~ Dividend increased 10% over the prior dividend to $0.20 per share
November 29,
2023 by HFBusiness Staff in Business Strategy, Industry
In recognition of Tom Conley’s dedication to the home furnishings industry the International Society of Furniture Designers® (ISFD) renamed their student scholarship in his honor. The first recipient of the ISFD Tom Conley Student Scholarship is Penina Bernstein of Rhode Island School of Design’s 2-yr MFA furniture design program, class of 2025.