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From Home Furnishing Business

A.R.T. Promotes John Scarsella to Regional Sales Post

Case goods and upholstery resource A.R.T. Furniture has promoted John Scarsella to Midwest regional sales manager.

Vegas Market Has Record 36 Alliances with Industry Groups

Las Vegas Market said its recent partnership with the Good Toy Group, an organization for independent toy retailers, gives the market a record 36 alliances with a variety of industry organizations for the upcoming Winter Market.

FastFact: Furniture Spending Varies Little Among Low, High-Income Households

The percentage of income spent on furniture and appliances varies little between low- and high-income households, according to the latest Consumer Expenditure Survey from the Bureau of Labor Statistics.

AmericasMart Founder John Portman Jr. Dies at 93

John Portman Jr., who founded what is now AmericasMart and gained worldwide fame as an architect and developer, died Dec. 29 at age 93.

Survey Said: Furniture Factory Orders Jump 8% in October

Furniture factory orders rebounded in October, registering an 8% increase over the same month in 2016, according to the latest survey from the Smith Leonard accounting and consulting firm.

Management Group, Others Made Offers for Stanley Before Recent Sale

Stanley Furniture, which last month agreed to sell substantially all of its assets to the chairman of the Vietnam Trade Alliance for $16.1 million, had at least four other offers to buy the company, according to documents filed this week with the Securities and Exchange Commission.

Consumer Confidence Index Dips Slightly in December

After reaching a 17-year high in November, the widely-followed Consumer Confidence Index fell to 122.1 in November, according to the Conference Board.

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