August 7,
2017 by Larry Thomas in Economic News, Industry 
The bedding industry managed a 2.3% sales gain in the second quarter, according to new data from Impact Consulting Services, parent company of Home Furnishings Business.
August 4,
2017 by Larry Thomas in Economic News, Industry
E-commerce heavyweight Overstock.com (NYSE: OSTK) said second-quarter revenue rose 3.2%, but the company’s net loss widened to $7.5 million or 29 cents per share due to slower-than-expected revenue growth and higher sales and marketing expenses.
August 4,
2017 by Larry Thomas in Economic News, Industry
The owners of Daytona Beach, Fla.-based Haynes Brothers Furniture face federal fraud and money laundering charges after being accused of fraudulently reselling toner cartridges, according to a story in the Daytona Beach News-Journal.
August 3,
2017 by Larry Thomas in Economic News, Industry
Powered by its last mile delivery and contract logistics businesses, XPO Logistics (NYSE: XPO) said second-quarter profits jumped more than 11% as revenues edged up 2% to $3.76 billion.
August 1,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Havertys (NYSE: HVT) said second-quarter profits jumped 15.1% as net sales edged up 1.1% to $198.6 million.
August 1,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Factory orders for residential furniture in May were 8% above May 2016 – the fourth straight monthly increase reported by the Smith Leonard accounting and consulting firm.
July 31,
2017 by Larry Thomas in Economic News, Industry
Growth of furniture and bedding sales slowed during the second quarter, but remained positive for the quarter and the first half of 2017, according to new data compiled by Impact Consulting Services, parent company of Home Furnishings Business.