Daily News
From Home Furnishing Business
February 21,
2024 by HFBusiness Staff in Business Strategy, Industry 
Hooker Furnishings has received the 2023 North Carolina Governor’s Export Award for its leadership in developing business globally. Recognized alongside seven North Carolina companies for their sales success in international markets, Hooker Furnishings was honored with the award for the large business category.
February 21,
2024 by HFBusiness Staff in Business Strategy, Industry
For the fifth year in a row, the Good Housekeeping Institute reviewed hundreds of entries across home, beauty, bedding, cleaning and food products to help consumers find good brands doing food things.
February 21,
2024 by HFBusiness Staff in Business Strategy, Industry
Havenly, the country's leading interior design service and home furnishings company, announced today it has reached a definitive agreement to acquire The Citizenry as part of its ongoing efforts to build a collection of home brands and technologies that appeal to the next generation of shoppers.
February 21,
2024 by HFBusiness Staff in Business Strategy, Industry
IKEA Canada is excited to announce the opening of two new Plan and order points in London, Ontario and Lachenaie, Quebec next month. Plan and order points are one of the many ways IKEA Canada is making affordable home furnishing products and services more accessible, allowing customers to get support from IKEA experts to plan, order and purchase complex home furnishing solutions for the kitchen, bedroom, bath and living room.
February 21,
2024 by HFBusiness Staff in Business Strategy, Industry
Wayfair announces the launch of RE/FINE™, a new exclusive brand at Wayfair offering essentials made from premium materials at accessible prices. The self-care inspired collection features over one hundred products across a variety of categories, including bedding, bath, tabletop and more.
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Beyond, Inc., owner of Bed Bath & Beyond, Overstock, and other online retail brands designed to unlock your home’s potential, today announced significant changes to its executive team. The Executive Chairman and Board of Directors approved the following changes, effective today:
February 20,
2024 by HFBusiness Staff in Business Strategy, Industry
Third Quarter Results:
Consolidated delivered sales of $500 million
Up 5% versus our most recent pre-pandemic third quarter
Down 13% versus year ago period
Results impacted by winter weather events in January
Gross margin expansion on GAAP and Non-GAAP basis, across all segments
GAAP diluted EPS of $0.66
Non-GAAP diluted EPS of $0.67
Generated $48 million in operating cash flow for the quarter; $105 million year to date
Acquired six independent La-Z-Boy Furniture Galleries® stores
Additional two-store acquisition planned for fourth quarter.