Daily News
From Home Furnishing Business
February 21,
2024 by HFBusiness Staff in Business Strategy, Industry
IKEA Canada is excited to announce the opening of two new Plan and order points in London, Ontario and Lachenaie, Quebec next month. Plan and order points are one of the many ways IKEA Canada is making affordable home furnishing products and services more accessible, allowing customers to get support from IKEA experts to plan, order and purchase complex home furnishing solutions for the kitchen, bedroom, bath and living room.
February 21,
2024 by HFBusiness Staff in Business Strategy, Industry
Wayfair announces the launch of RE/FINE™, a new exclusive brand at Wayfair offering essentials made from premium materials at accessible prices. The self-care inspired collection features over one hundred products across a variety of categories, including bedding, bath, tabletop and more.
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Beyond, Inc., owner of Bed Bath & Beyond, Overstock, and other online retail brands designed to unlock your home’s potential, today announced significant changes to its executive team. The Executive Chairman and Board of Directors approved the following changes, effective today:
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Third Quarter Results:
Consolidated delivered sales of $500 million
Up 5% versus our most recent pre-pandemic third quarter
Down 13% versus year ago period
Results impacted by winter weather events in January
Gross margin expansion on GAAP and Non-GAAP basis, across all segments
GAAP diluted EPS of $0.66
Non-GAAP diluted EPS of $0.67
Generated $48 million in operating cash flow for the quarter; $105 million year to date
Acquired six independent La-Z-Boy Furniture Galleries® stores
Additional two-store acquisition planned for fourth quarter.
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Bellini Modern Living continues to meet the needs of today’s on-trend consumers with the anticipated launch of a 16-piece, Made-in-Italy outdoor furniture collection that is durable enough for outdoor living, but has the style and comfort of indoor products. The new collection will be unveiled in the Bellini showroom IHFC H520 at the Spring High Point Market, April 13 to 17, 2024.
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Beyond, Inc. (NYSE:BYON), owner of Overstock, Bed Bath & Beyond, and other online retail brands designed to unlock your home’s potential, today reported financial results for the quarter and full year ended December 31, 2023.
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Diversified manufacturer Leggett & Platt announced its participation in the Raymond James 45th Annual Institutional Investors Conference on March 5, in Orlando, Florida. Mitch Dolloff, Chief Executive Officer, and Ben Burns, Chief Financial Officer, will meet with investors and Mitch will present at 1:40 p.m. Eastern (12:40 p.m. Central).