July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Select Comfort (NASDAQ: SCSS), maker of the Sleep Number airbed, swung to a net loss in the second quarter after an inventory shortage forced the company to delay some deliveries until after the quarter ended.
July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Ethan Allen (NYSE: ETH) said it expects to report lower sales and earnings per share for the fiscal year that ended June 30, as operating costs rose due to heavy advertising spending and other initiatives.
July 18,
2017 by Larry Thomas in Executive Changes, Industry
Cindy Hodnett, a former writer and editor at Furniture/Today and sister publication Designers Today, has been named director of public relations and communications for International Market Centers.
July 18,
2017 by Larry Thomas in Executive Changes, Industry
Retailer Kane’s Furniture has named veteran retail and manufacturing executive Daniel Kennedy as chief operating officer.
July 18,
2017 by Larry Thomas in Industry, Las Vegas, Market, Special Events
Sarreid Ltd., a resource for accent and occasional furniture, upholstery and accessories, will make its Las Vegas Market debut later this month as part of a 16,000-square-foot showroom operated by MDBG, a company that represents more than 20 upper-end furniture and accessories lines.
July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
XPO Logistics (NYSE: XPO), a major provider of freight forwarding, last-mile delivery services, trucking, and related logistics services, said it will issue more than 11 million new shares of common stock in a secondary public offering.
July 17,
2017 by Larry Thomas in Business Strategy, Industry
A double-digit decline in multi-family housing construction dragged down new home construction numbers in 2016, according to data from the National Association of Realtors.