Bassett Furniture Inds. said two more Club Level Pavilions have opened, boosting the total to 14 of the new galleries featuring its Club Level motion upholstery program.
Furniture factory orders tumbled 10% in September, the first monthly decline in more than a year, according to the latest monthly survey from the Smith Leonard accounting and consulting firm.
Discount retailer Big Lots (NYSE: BIG) said sales edged up 0.5% to $1.11 billion in the quarter ended Oct. 28, and its net income more than tripled due to an insurance settlement.
Fabric producer Culp Inc. (NYSE: CULP) said sales rose 7.1% to $80.7 million in its second fiscal quarter, but net income fell more than 11% due largely to expenses from a proposed acquisition that never was completed.
Retailer Star Furniture has named industry veteran Georgia LaGrange to the newly created post of director of web/e-commerce.
Las Vegas Market has started accepting entries for the seventh annual Global Goodness Awards, which recognize furniture, home décor and gift companies for environmentally-friendly, sustainable and socially responsible business practices.
North Carolina-based Capel Rugs has reorganized its leadership team and promoted three members of the founding family to new posts.