Nearly 23% of the nation’s renters moved from 2015 to 2016, but only 5% of homeowners changed residences, according to data from the U.S. Census Bureau.
The Saatva Company, an online mattress retailer, has been named to the prestigious Inc. 5000 list for the third straight year.
Discount retailer Big Lots (NYSE: BIG) said sales edged up 1.5% in the quarter ended July 29, but profits jumped more than 28% to $29.1 million or 67 cents per share.
The RoomPlace, a retailer with stores in the Chicago and Indianapolis markets, has expanded its secondary financing programs to allow extended terms and lower monthly payments to credit-challenged customers.
Despite a lower operating margin, home furnishings retailer Williams-Sonoma (NYSE: WSM) said profits rose 2.2% in the second fiscal quarter to $52.9 million or 61 cents per share.
La-Z-Boy (NYSE: LZB) said sales rose 4.8% in the opening quarter of its fiscal year, but profits fell more than 15% due largely to lower operating margins in its upholstery segment.
A person’s marital status is a major factor in determining whether Americans move, and new data from the U.S. Census Bureau shows that 37.4% of those who moved from 2015 to 2016 were never married.