June 5,
2017 by Larry Thomas in Economic News, Industry 
The popularity of e-filing federal tax returns has put refund money into consumers’ pockets more quickly than ever, pumping some $318 billion into the economy in 2016, according to new data from the Internal Revenue Service.
June 2,
2017 by Larry Thomas in Economic News, Industry
Retailer RH (NYSE: RH) said revenues jumped 23.4% in its first fiscal quarter, and the company formerly known as Restoration Hardware slashed its net loss to $3.37 million.
June 1,
2017 by Larry Thomas in Economic News, Industry
Furniture factory orders in March were 12% ahead of the same month in 2016, representing the second double-digit increase in four months, according to the latest Furniture Insights survey from the accounting and consulting firm Smith Leonard.
May 30,
2017 by Larry Thomas in Economic News, Industry
Brisk sales in August and September have historically paced sales in the third quarter, making it the strongest quarter of the year for furniture sales, according to data from the U.S. Census Bureau.
May 30,
2017 by Larry Thomas in Economic News, Industry
Leather upholstery major Natuzzi (NYSE: NTZ) said first-quarter sales fell 4% and the company’s net loss widened to 11 million euros, or about $12.3 million.
May 22,
2017 by Larry Thomas in Economic News, Industry
Historically, March has been the strongest furniture sales month in the first quarter, but in recent years, it has become one of the strongest of the year, according to new data from the U.S. Census Bureau.
May 22,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Target (NYSE: TGT) offered to buy online mattress powerhouse Casper for $1 billion, but will likely wind up as the lead investor in a new round of funding for the white-hot startup in the next few weeks, according to a report on the technology website Recode.