May 31,
2017 by Larry Thomas in Community / Charitable Support, Industry
Ashley for the Arts, the nonprofit arm of Ashley Furniture Inds. that supports arts programs, donated $10,000 to the Davie County Schools in Mocksville, N.C., during the school system’s recent Art Smart Festival.
May 30,
2017 by Larry Thomas in Economic News, Industry
Brisk sales in August and September have historically paced sales in the third quarter, making it the strongest quarter of the year for furniture sales, according to data from the U.S. Census Bureau.
May 30,
2017 by Larry Thomas in Economic News, Industry
Leather upholstery major Natuzzi (NYSE: NTZ) said first-quarter sales fell 4% and the company’s net loss widened to 11 million euros, or about $12.3 million.
May 30,
2017 by Larry Thomas in Business Strategy, Industry
Steinhoff International (FRA: SNH), the giant South African retailer and manufacturer who acquired specialty retailer Mattress Firm last year, has agreed to acquire a majority stake in U.S mattress manufacturer Sherwood Bedding.
May 30,
2017 by Larry Thomas in Business Strategy, Industry
Sherwin-Williams (NYSE: SHW) said it has received approval from the Federal Trade Commission and the Canadian Competition Bureau to complete its $11.3 billion acquisition of paint and coatings supplier Valspar (NYSE: VAL).
May 24,
2017 by Larry Thomas in Business Strategy, Designer Weekly, Industry
As the company prepares to move into its new corporate headquarters and distribution center in Acworth, Ga., this summer, rug and home décor supplier Jaipur Living is staging a “moving sale” to clear inventory from its existing facility in nearby Norcross, Ga.
May 24,
2017 by Larry Thomas in Business Strategy, Industry
Art Van Furniture has opened a new franchised store in Muncie, Ind. – the retailer’s 17th franchised location in the Midwest.