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From Home Furnishing Business

Havertys Board Ok’s 20% Dividend Increase

Directors of Atlanta-based Havertys (NYSE: HVT) have increased the quarterly cash dividend on the company’s common stock to 18 cents per share.

Report: Wal-Mart to Sell Private-Label Mattresses Online

Wal-Mart (NYSE: WMT), which last week began rolling out a greatly expanded assortment of furniture and home décor on its e-commerce site, is set to launch a separate site that sells a private label mattress line, the New York Times reported.

New PureCare Headquarters to Include Pillow Factory

PureCare, a resource for mattress and pillow protectors, sheets and pillows, is moving to new headquarters in its hometown of Phoenix, Ariz., that will include the company’s first-ever domestic pillow factory.

Stanley Sets March 2 Shareholders Meeting to Vote on Sale

Stanley Furniture (NASDAQ: STLY) has scheduled a special shareholders meeting for March 2 to vote on the proposed sale of substantially all of the company’s assets to an entity headed by Walter Blocker, chairman of the Vietnam Trade Alliance.

Décor-Rest to Open New HP Showroom; Add Motion, Dining Room

Custom upholstery major Décor-Rest is adding motion upholstery and dining room furniture to its product lineup, and is moving to a new showroom in time for the April High Point Market.

Market Authority, ASID Set High Point Seminar Schedule

The High Point Market Authority, in partnership with the American Society of Interior Designers, has set the schedule for its popular Design Viewpoints Series for the upcoming High Point Market.

O’Connor, Miller Join Furniture Fellowship Board of Directors

Sean O’Connor, senior vice president of sales at Universal Furniture, and Brad Miller, vice president of international sales at Hooker Furniture, have joined the board of directors of the Furniture Fellowship, sponsor of the annual Furniture Market Prayer Breakfast held during the April High Point Market.

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