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From Home Furnishing Business

Natuzzi S.p.A. Reports Financial Results for Third Quarter 2023

Third Quarter Highlights
3Q 2023 invoiced sales amounted to €74.9 million, reflecting a decrease of 35.8% compared to 3Q 2022. This is equivalent to a decrease of 15.2% compared to the normalized sales of 3Q 2022, net of the backlog, which was €28.3 million. The decrease of 3Q 2023 invoiced sales is of 15.0% compared to 3Q 2019.

Ashley Furniture Store Opens in Ohio by Providence Enterprises

On Nov 9, Providence Enterprises, LLC celebrated the Grand Opening and Ribbon Cutting of its new 22,000 sq. ft. Ashley showroom located at 1470 N. Bridge St., Chillicothe, Ohio. Special guests from the Chillicothe Ross Chamber of Commerce joined Providence Enterprises and employees at the event.

Canadian Retailer Bad Boy Furniture, Closing Doors Forever

Bad Boy Furniture, a well-established retailer known for its commitment to quality and affordability, has appointed Infinity Asset Solutions to oversee the Total Liquidation of its entire $25-million inventory. KSV Restructuring Inc. is the proposal trustee for Bad Boy Furniture.

imagine.io Offers ‘Test Drive’ of 3D Content Tech for Buyer Confidence

In an effort to overcome concerns and challenges with the implementation of 3D visualization technology for home furnishings manufacturers and retailers, leading 3D content production platform, imagine.io, will let prospects ‘test drive’ its technology to show first-hand how it can grow online sales and improve buyer confidence.

Aaron’s Company Opens GenNext Stores in Florida & Illinois

The Aaron's Company, Inc., a technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions announced the recent opening of its newest company-operated Aaron's GenNext stores in Live Oak, FL and Rockford, IL.

Ingka Group Study Reveals People Addressing Climate Change

People are increasingly taking climate related actions in their daily lives, especially if it helps them save money, according to a new People & Planet ​Consumer Insights & Trends study published by Ingka Group, the largest IKEA retailer.  

Black Friday Bulletin Highlights Online Bonus for Retailers

Welcome to Cyber Monday. According to Reuters, this year’s sales from Black Friday were positive especially for those consumers who did their shopping online. They were able to shop and compare and then ultimately spend.

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