May 5,
2017 by Larry Thomas in Economic News, Industry 
E-commerce heavyweight Overstock.com (NASDAQ: OSTK) said first-quarter revenue rose 4.5% to $432.4 million, but the retailer swung to a net loss due to losses at a subsidiary that develops blockchain technology.
May 4,
2017 by Larry Thomas in Economic News, Industry
Mattress producer Tempur Sealy International (NYSE: TPX) said first-quarter sales edged up 0.2% to $722.1 million, but expenses related to the termination of its business with Mattress Firm caused net income to fall 14.4%.
May 4,
2017 by Larry Thomas in Economic News, Industry
Logistics and transportation giant XPO Logistics (NYSE: XPO), a major player in furniture transportation and last-mile delivery, recorded a profit of $21.3 million or 16 cents per share in the first quarter, reversing a net loss in last year’s first quarter.
May 3,
2017 by Larry Thomas in Economic News, Industry
Furniture factory orders in February increased 4% over the same month in 2016 as the industry appeared to rebound from a flat January, according to the latest Furniture Insights survey.
May 2,
2017 by Larry Thomas in Economic News, Industry
Buoyed by strong sales and margins in its upholstery business, Atlanta-based Havertys (NYSE: HVT) said first-quarter profits jumped more than 28% on a 3% increase in sales.
May 1,
2017 by Larry Thomas in Economic News, Industry
The third quarter has emerged as the biggest quarter for home furnishings sales, surpassing the fourth quarter consistently since 2007, according to data from the U.S. Census Bureau.
April 28,
2017 by Larry Thomas in Economic News, Industry
Rent-to-own major Aaron’s Inc. (NYSE: AAN) said first-quarter profits rose 7.3% despite a double-digit decline in lease revenues from its flagship Aaron’s stores.