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Flanders, Kagan, Kuo, Moray Named to Hall of Fame

A retailer, an outdoor furniture manufacturer, a contemporary furniture designer and a case goods and upholstery manufacturer have been named to the American Home Furnishings Hall of Fame.

La-Z-Boy Sees Profit Increase Despite Sales Decline

Despite slight sales declines in the fourth fiscal quarter and fiscal year that ended April 29, La-Z-Boy (NYSE: LZB) had higher profits for both reporting periods due to operational improvements and increased sales of higher margin goods.

Nourison Hires Labadie, Cormier as Account Executives

Susan CormierMark Labadie

Rug and accessories supplier Nourison has named Mark Labadie and Susan Cormier as account executives.

Fabricut Opens Permanent Showroom in Textile Tower

Fabric and trimmings supplier Fabricut has opened a permanent showroom in High Point on the newly constructed fourth floor of the Market Square Textile Tower.

Serta Simmons to Build HQ at Former GM Factory Site

Serta Simmons BuildingSerta Simmons Bedding confirmed Monday that its new headquarters will be built in the Atlanta suburb of Doraville, Ga., where the mattress producer will be one of the anchor tenants of a mixed-use project called Assembly that is being developed on the site of a former General Motors assembly plant.

Ashley Breaks Ground for E-Commerce Fulfillment Center

Ashley LogoAshley Furniture broke ground Monday on a 500,000-square-foot expansion of its Arcadia, Wis., facility that will serve as an e-commerce fulfillment and distribution center.

Havertys Reports Soft Second-Quarter Business

Havertys LogoExcept for a solid Memorial Day weekend, second-quarter business at Havertys (NYSE: HVT) has been soft, the retailer said in a sales update in preparation for meetings with institutional investors this week.

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