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From Home Furnishing Business

Kingsdown Sues Former CEO

Bedding supplier Kingsdown is suing former CEO Eric Hinshaw alleging he spent money without authorization.

Hooker Furniture Income Climbs Nearly 35%

Hooker Furniture (NASDAQ: HOFT) reported net income of $2.3 million for the second quarter ended Aug. 3, a 34.6 percent increase over net income of $1.7 million in net income during the second quarter of last year.

Wolf's Furniture to Open Outlet in Maryland

Home furnishings retailer Wolf's Furniture is set to open a 45,000-square-foot outlet store in Frederick, Md., later this month.

Mitchell Gold + Bob Williams Readies Store in Massachusetts

Home furnishings supplier and boutique Mitchell Gold + Bob Williams has secured a lease for a store in Burlington, Mass.


Flexsteel Increases Dividend by 20%

Upholstered furniture manufacturer Flexsteel Inds. (NASDAQ: FLXS) has declared a quarterly dividend of $0.18 per share, a 20 percent increase.

ICFA Honors 11 Cos. for Design Excellence

The International Casual Furnishings Association has honored 11 vendors of outdoor home furnishings and accessories for outstanding product designs.

NRF: In-Bound Container Traffic Still Above Average

Retailer concerns over the lack of a West Coast longshoremen’s contract should continue to bring import merchandise at above-average levels this month, but volume will drop from the record set in August, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.

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