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From Home Furnishing Business

Purple Innovation Reports 3Q Results; Compared to 3Q/21 and Q2/22

"I am pleased with the significant improvement in profitability we delivered on both a year-over-year and quarter-over-quarter basis in a very difficult environment," said Purple Chief Executive Officer Rob DeMartini. 

HomeRoots, E-commerce Platform, Announces Payments Powered by Balance

HomeRoots, a B2B e-commerce furniture and home decor marketplace platform, announced that its payments solution will be powered by Balance, financing company for ecommerce. This partnership with Balance will allow HomeRoots’ customers to check out with terms at the click of a button.

Consumer Satisfaction and Spending Both Remain Weak in the 3Q

Nationwide customer satisfaction remains low, but there has been a tiny 0.1% uptick to 73.2 (on a 0-100 scale) this quarter. No matter how small, it is an increase, which has been a rarity for a long time now.

ISFD 2023 Innovation + Design Moves to Spring, Entry Deadline Announced

Attention all makers/designers! Now is the time to finalize your best designs and enter them into the International Society of Furniture Designers (ISFD) 2023 INNOVATION + DESIGN  juried competition. Deadline is Jan. 13.

Kohl’s Corporation Announces Chief Executive Transition 

Kohl’s Corporation announced that Chief Executive Officer Michelle Gass plans to step down as CEO and member of the Kohl’s Board of Directors, effective Dec. 2, to accept another opportunity.

Ashley, Purple, and Sleep Number Among Businesses Recognizing Veterans This Friday

SheerID, the identity marketing platform, has partnered with more than 50 brands that have made discounts available to active military, veterans, and their families, to honor and thank them for everything they do for Veterans Day on Nov. 11.

Haverty’s Will Participate in SHARE Series Fireside Chat

Haverty’s announced that their management will present at the SHARE Series event, held virtually, on Nov. 14 at 10:30 a.m. ET.

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