August 24,
2022 by HFBusiness Staff in Business Strategy, Industry 
La-Z-Boy established new quarterly records in sales, operating profits and operating margin in the quarter ended July 30 as it bucked the trend of declining furniture sales.
August 24,
2022 by HFBusiness Staff in Business Strategy, Industry
The U.S.-based employees who were terminated last week by e-commerce giant Wayfair will receive a minimum 10 weeks’ pay as part of a severance package outlined by CEO and co-founder Niraj Shah.
August 24,
2022 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
Contemporary furniture resource Sunpan is once again a sapphire sponsor of The Kaleidoscope Project, an annual effort that showcases the work of minority interior designers as they renovate a historic property.
August 24,
2022 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
In a further sign that the housing market continues to weaken, new home sales in July fell to their lowest level since January 2016, according to the National Association of Home Builders.
August 23,
2022 by HFBusiness Staff in Business Strategy, Industry
High-end lifestyle retailer Arhaus has hired retail operations and logistics veteran Tim Kuckelman as its new chief operating officer.
August 23,
2022 by HFBusiness Staff in Business Strategy, Industry
Upholstery and case goods resource Flexsteel Inds. said sales fell 8.6 percent to $124.5 million in the quarter ended June 30 – the final quarter of the company’s fiscal year – as it faced declining consumer demand, a retail inventory glut and continued inflationary pressures.
August 23,
2022 by HFBusiness Staff in Business Strategy, Industry
Ashley for the Arts, the annual 3-day music and arts festival in Ashley Furniture’s hometown of Arcadia, Wisc., raised nearly $650,000 for the more than 70 non-profit organizations that participated in the 11th annual event.