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From Home Furnishing Business

Costco March Sales Climb

Warehouse club retailer Costco (NASDAQ: COST) reported net sales of $10.43 billion during March, an 8 percent increase from $9.67 billion reported in the same five-week period last year.

 

Sleep Train to Acquire America’s Mattress in Hawaii

West Coast mattress retailer Sleep Train will acquire America’s Mattress in Hawaii. Terms of the deal were not disclosed.

Pier 1 4Q, Fiscal 2014 Income Drops

Specialty home furnishings retailer Pier 1 (NYSE: PIR) reported net income of $107.5 million for the fiscal year ended March 1 a nearly 17 percent decline compared with $129.4 million in the fiscal 2013.

Green Economy vs. Blue Economy

Businesses and governments are evaluating options for lowering their carbon footprint and the increasing costs of sustainable energy supplies.

Storis Named a Top New Jersey Workplace

New Jersey business publication NJBIZZ has named retail automation vendor Storis one of the best places to work in the state.

Incoming Container Traffic to Rise 6.1 Percent in April

Import volume at the nation’s major retail container ports should rise 6.1 percent in April, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates.

Nova LifeStyle Embarks on E-Commerce Platform for China

Home furnishings supplier Nova LifeStyle (NASDAQ: NVFY) is working on development of an e-commerce platform aimed at taking advantage of increased online demand for home furnishings in China.

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