Daily News
From Home Furnishing Business
March 31,
2017 by Larry Thomas in Business Strategy, Economic News, Industry 
Furniture factory orders in January were essentially even with January 2016, but shipments for the first month of 2017 were up 2%, according to the latest monthly survey from the accounting and consulting firm Smith Leonard.
March 29,
2017 by Larry Thomas in Business Strategy, Economic News, Financial Reports, Industry
Closing out what its CEO described as a "year of transformation and transition," Restoration Hardware (NYSE: RH) said profits plunged more than 71% in the fiscal fourth quarter, while revenues fell 9.3%.
March 27,
2017 by Larry Thomas in Economic News, Industry
Even though housing and energy prices have risen slightly recent years, prices for furniture, appliances and other home furnishings products have declined steadily since 2010, according to data from the Bureau of Labor Statistics.
March 24,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
The furniture industry in the United States, especially the upholstery segment, has just begun its recovery from the Great Recession and has plenty of upside potential, a leading industry analyst said Thursday.
March 20,
2017 by Larry Thomas in Economic News, Industry
Fourth-quarter bedding sales totaled $3.3 billion, an increase of 3.4% from the same quarter in 2015, according to research by Impact Consulting Services, parent company of Home Furnishings Business.
March 15,
2017 by Larry Thomas in Business Strategy, Economic News, Industry, Mattresses, Product
Mattress producer Tempur Sealy International (NYSE: TPX), whose stock has been under pressure since it terminated supply contracts with its largest customer earlier this year, has amended a stockholder rights plan adopted in February to allow a "qualified offer" for the company to be exempt from triggering the plan's provisions.
March 13,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Fourth-quarter furniture and bedding sales were 2.6% ahead of the previous year's fourth quarter, continuing a slow, steady growth track, according to the latest research from Impact Consulting Services, parent company of Home Furnishings Business.