August 25,
2022 by HFBusiness Staff in Business Strategy, Industry
Upholstery and case good major Flexsteel Inds. confirmed that it had received a buyout offer of $20.80 per share from CSC Generation Holdings, the owner of Z Gallerie, DirectBuy, One Kings Lane, and several other brands.
August 25,
2022 by HFBusiness Staff in Business Strategy, Industry
Paced by 21.5 percent comparable-brand growth from its Pottery Barn chain, retailer Williams-Sonoma said revenues for the quarter ended July 31 rose nearly 10 percent to $2.14 billion.
August 25,
2022 by HFBusiness Staff in Business Strategy, Industry
Furniture Row will break ground next week on its newest Furniture Row and Denver Mattress store in Littleton, Colo.
August 25,
2022 by HFBusiness Staff in Business Strategy, Industry
XPO Logistics announced that Jeff Firestone will become chief legal officer of RXO, the planned spin-off of XPO’s brokered transportation platform.
August 24,
2022 by HFBusiness Staff in Business Strategy, Industry
After more than 50 years in the home furnishings industry, AICO President Martin Ploy has announced he plans to retire in early November.
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.