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From Home Furnishing Business

Report: Apple Gets AR Patent for Interior Design

Apple ARAfter announcing its augmented reality platform earlier in June, tech giant Apple, Inc. has been granted a patent for augmented reality apps for interior design and animated movie posters, according to news source 9to5 Mac.

La-Z-Boy Sees Profit Increase Despite Sales Decline

Despite slight sales declines in the fourth fiscal quarter and fiscal year that ended April 29, La-Z-Boy (NYSE: LZB) had higher profits for both reporting periods due to operational improvements and increased sales of higher margin goods.

Fabricut Opens Permanent Showroom in Textile Tower

Fabric and trimmings supplier Fabricut has opened a permanent showroom in High Point on the newly constructed fourth floor of the Market Square Textile Tower.

Serta Simmons to Build HQ at Former GM Factory Site

Serta Simmons BuildingSerta Simmons Bedding confirmed Monday that its new headquarters will be built in the Atlanta suburb of Doraville, Ga., where the mattress producer will be one of the anchor tenants of a mixed-use project called Assembly that is being developed on the site of a former General Motors assembly plant.

Ashley Breaks Ground for E-Commerce Fulfillment Center

Ashley LogoAshley Furniture broke ground Monday on a 500,000-square-foot expansion of its Arcadia, Wis., facility that will serve as an e-commerce fulfillment and distribution center.

Led by Target, Casper Raises Another $170M from Investors

Online mattress retailer Casper said it has completed another round of funding, raising $170 million from several venture capital firms, entertainers and athletes.

BDI Gets High Praise from Home Theater Installers

BDI, a resource for home entertainment and home office furniture, has been named as one of the top 5 furniture brands used by custom home theater installers, according to the trade publication CE Pro.

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