July 28,
2017 by Larry Thomas in Economic News, Industry 
Leggett & Platt (NYSE: LEG), a major supplier of furniture and bedding components and finished furniture, said second-quarter sales rose 3.2% to $989.3 million, but profits tumbled nearly 28% due to higher raw materials costs.
July 28,
2017 by Larry Thomas in Executive Changes, Industry
Adjustable bed producer Reverie has named Michael Westerman vice president of operations, a new position for the company.
July 27,
2017 by Larry Thomas in Economic News, Industry
The loss of Mattress Firm left a gaping hole in the top line at Tempur Sealy International (NYSE: TPX) as second-quarter sales tumbled 18% to $659.3 million.
July 27,
2017 by Larry Thomas in Economic News, Industry
Rent-A-Center (NASDAQ: RCII) said revenues fell nearly 10% to $677.6 million in the quarter ended June 30, and the struggling rent-to-own major recorded a net loss of $8.89 million or 17 cents per share.
July 27,
2017 by Larry Thomas in Business Strategy, Industry, Store Openings
As part of a regional expansion strategy, rug and home décor resource Surya is set to open seven year-round design showrooms across the country during the next 12 months.
July 27,
2017 by Larry Thomas in Economic News, Industry
Vertically integrated Ethan Allen (NYSE: ETH) reported lower sales and earnings in its fiscal fourth quarter and fiscal year ending June 30 as the company incurred higher costs from product launches and several other initiatives.
July 27,
2017 by Larry Thomas in Community / Charitable Support, Industry
WithIt, the women’s leadership development network for the home and furnishings industries, has awarded 17 scholarships worth $30,000 – a record number of scholarships that were handed out in honor of the organization’s 20th anniversary.