Daily News
From Home Furnishing Business
September 28,
2017 by Larry Thomas in Executive Changes, Industry
Scott Smith, a 25-year furniture industry veteran who most recently was president of Caracole, has been named executive vice president of Vanguard Furniture.
September 28,
2017 by Larry Thomas in Economic News, Industry
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.
September 28,
2017 by Larry Thomas in Business Strategy, High Point, Industry, Market
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.
September 28,
2017 by Larry Thomas in Executive Changes, Industry
Accent furniture resource Global Views has hired Paul Watson as vice president of business development and member of the company’s executive leadership team.
September 28,
2017 by Larry Thomas in Acquisition, High Point, Industry, Market
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.
September 27,
2017 by Larry Thomas in Economic News, Industry
The Consumer Confidence Index, which had improved slightly in August, declined to 119.8 in September, according to The Conference Board.
September 27,
2017 by Larry Thomas in Acquisition, Business Strategy, Economic News, Industry
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.