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From Home Furnishing Business

South Shore Expands Recall of Chest of Drawers

South Shore DresserReady-to-assemble furniture producer South Shore has expanded the recall of its Summer Breeze chest of drawers because it presents a serious tip-over or entrapment hazard to children if the unit is not anchored to a wall.

Pier 1 Cuts Q1 Loss on Modest Sales Decline

Pier 1 LogoHome furnishings and décor retailer Pier 1 Imports (NYSE: PIR) cut its net loss to $2.99 million or 4 cents per share in the quarter ended May 27 as the company boosted gross margin and benefitted from several other operational and merchandise improvements.

ASFD Extends Entry Deadline for Pinnacle Awards

ASFD LogoThe American Society of Furniture Designers has extended the deadline for entries for the 2017 Pinnacle Awards until July 15.

Culp to Change NYSE Ticker Symbol on July 13

Culp LogoFabric supplier Culp Inc. said it will change its New York Stock Exchange ticker symbol from “CFI” to “CULP,” effective with the start of trading on July 13.

Serta Simmons Bedding Launches Direct-to-Consumer Unit

Mattress industry powerhouse Serta Simmons Bedding has launched a company called Tomorrow Sleep that will sell hybrid mattresses and related sleep products through a direct-to-consumer model.

Jerome’s Takes Aim at Upper-End Stores with Premier Line

San Diego-based Jerome’s Furniture has launched a private label line called Premier that is aimed at competing with upper-end retailers.

Fill Station Group to Sponsor Social Media Seminars in Vegas

Fill Station Group, a “retailtainment” program that allows consumers to build a custom pillow from scratch, is sponsoring a pair of seminars at next month’s Las Vegas Market featuring social media expert Jeff Evans.

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