Scott Smith, a 25-year furniture industry veteran who most recently was president of Caracole, has been named executive vice president of Vanguard Furniture.
Pier 1 Imports (NYSE: PIR) said sales edged up 0.4% to $407.6 million in the quarter ended Aug. 26, but the retailer’s net loss nearly doubled from the same quarter last year.
Abbyson is dramatically expanding its case goods lineup at next month’s High Point Market by adding more than 500 SKUs of bedroom, dining room, bar and occasional furniture.
Accent furniture resource Global Views has hired Paul Watson as vice president of business development and member of the company’s executive leadership team.
The High Point Market Authority has purchased four kinetic art sculptures in downtown High Point that have been on loan from the artists since early 2016.
The Consumer Confidence Index, which had improved slightly in August, declined to 119.8 in September, according to The Conference Board.
The private equity group Blackstone said funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities have completed the previously announced acquisition of International Market Centers, the largest showroom owner in High Point and owner of the World Market Center in Las Vegas.