Momentum from Abbyson’s recently bolstered digital strategies has resulted in a 40% increase in sales volume compared to last year, in the period between Black Friday and Cyber Monday.
Steinhoff International, (FRANKFURT: SNH) the South African furniture manufacturer and retailer that acquired bedding retail giant Mattress Firm last year, said CEO Markus Jooste has resigned and the company has launched an investigation into possible “accounting irregularities.”
Retailer RH (NYSE: RH) said third-quarter profits leaped to $13.2 million or 56 cents per share as the company began to reap the benefits of a new membership business model and streamlined operations.
Malouf Furniture in Foley, Ala., has been approved as the newest member of the Furniture First cooperative buying group.
Fabric supplier The Mitchell Group has added a high-performance faux leather upholstery fabric to its successful Sta-Kleen line that the company says is built to withstand heavy use without losing its luxurious texture and feel.
Eight first-time exhibitors will be among the more than 30 new, expanded and renovated furniture showrooms that will be open for next month’s Las Vegas Market.
Barrett Plasman of Scott Insurance in Greensboro, N.C., has been elected 2018 chairman of the American Home Furnishings Alliance Solution Partners division.