May 31,
2023 by HFBusiness Staff in Business Strategy, Industry
Home décor and furniture omnichannel company, Ballard Designs, turns 40 this year. How does a successful, mature brand stay on-trend in the fast-moving world of home fashion when the clock is ticking? TikTok.
May 31,
2023 by HFBusiness Staff in Business Strategy, Industry
Deets Furniture today announced a milestone for its family-owned business, which was founded in 1961 by Martin & Norma Deets. Kyle Deets (son of Ron & Sharon) & his wife Maegan have purchased Deets Furniture from Ron & Sharon Deets who have been involved with the company for the last 41 years.
May 31,
2023 by HFBusiness Staff in Business Strategy, Industry
According to the May 2023 Furniture Insights Executive Summary, new orders in March 2023 fell 14% from March 2022 levels according to our latest survey of furniture manufacturers and distributors, continuing the monthly declines from the previous year.
May 31,
2023 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
Drawing on the unique geology of their home state of Utah, Hammerton Studio curated a line-up of nature-inspired lighting designs that evoke the look of unearthed stones and minerals.
May 30,
2023 by HFBusiness Staff in Business Strategy, Industry
Compass Sleep Products CEO Ricky Riley has embarked on a 100-percent “Made in the USA” strategy in creating the company’s line of mid-priced mattresses targeting independent retailers across the South.
May 30,
2023 by HFBusiness Staff in Business Strategy, Industry
Big Lots, Inc. reported a net loss of $206.1 million, or $7.10 per share, for the first quarter of fiscal 2023 ended April 29, 2023. This result includes a net after-tax charge of $107.4 million, or $3.70 per share, associated with the net impact of synthetic lease exit costs, forward distribution center closure costs, store asset impairment charges, and a gain on the sale of real estate and related expenses.
May 30,
2023 by HFBusiness Staff in Business Strategy, Industry
At Home, The Home and Holiday Superstore, announced today it has appointed retail industry veteran Jeff Evans as President and Chief Merchandising Officer. Mr. Evans will assume the position on June 19.