July 7,
2017 by Larry Thomas in Financial Reports, Industry
Atlanta-based Havertys (NYSE: HVT) said second-quarter sales edged up 1.1% to $196.8 million as the retailer continued to see increases in its custom upholstery and accessories businesses.
July 7,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Mattress producer Spring Air International has appointed Brian Lundstrom to the newly created position of customer experience specialist.
July 7,
2017 by Larry Thomas in Community / Charitable Support, Industry
Ashley HomeStore teamed with the Clearwater Threshers, the Class A Minor League affiliate of the Philadelphia Phillies, to present new mattresses and bedding to 100 underprivileged children at a recent Threshers game.
July 6,
2017 by Larry Thomas in Acquisition, Business Strategy, Industry
International Market Centers, which owns the World Market Center in Las Vegas and about two-thirds of the showroom space in High Point, has agreed to be acquired by investment funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities.
July 6,
2017 by Larry Thomas in Business Strategy, Industry
Sutter Street Manufacturing, the upholstery manufacturing arm of retailer Williams-Sonoma (NYSE: WSM) is expanding its factory in Claremont, N.C., as part of a $1.9 million upgrade of its facility.
July 6,
2017 by Larry Thomas in Executive Changes, Industry
The Association of Progressive Rental Organizations, the Austin, Texas-based trade association for the rent-to-own industry, has hired Jill McClure as its new executive director.
July 6,
2017 by Larry Thomas in Industry, Obituaries
Spencer Morten Jr., former president and CEO of Bassett Mirror Company and a pioneer in the import sourcing of home furnishings components and products, died recently at age 94.