Publication: Home Furnishings Business

First reported Oct 24 2014 - Updated Oct 24 2014 - 1 reports

Wayfair to Release Q3 Results on Nov. 10

Online home furnishings retailer Wayfair (NYSE: W) will announce results for the third quarter ended Sept. 30 after the closing of the market on Monday, Nov. 10.Wayfair, Boston, Mass., will host a conference call and webcast to discuss the results that ... [Published Home Furnishings Business - Oct 24 2014]
First reported Oct 24 2014 - Updated Oct 24 2014 - 1 reports

Versatile Credit Adds Fortiva | YBUY Service to Kiosks

Versatile Credit  has formed a partnership with Fortiva | YBUY to provide retailers a wider choice in selecting a portfolio of lenders to use in the Versatile kiosks.Versatile Credit's self-service kiosk allows consumers to privately and securely apply ... [Published Home Furnishings Business - Oct 24 2014]
First reported Oct 24 2014 - Updated Oct 24 2014 - 1 reports

Las Vegas Gears up for Winter Show

A major effort to develop participation by gift and decorative accessory vendors will mark the Jan. 18-22 Winter Las Vegas Furniture Market .This winter's show will feature new and expanding showrooms and record-breaking number of temporary exhibitors; ... [Published Home Furnishings Business - Oct 24 2014]
First reported Oct 23 2014 - Updated Oct 23 2014 - 1 reports

Select Comfort Q3 Sales up 23%

Select Comfort Corp.   (NASDAQ: SCSS) reported third-quarter 2014 sales of $323 million, a 23 percent increase over the prior-year period.Operating income totaled $35 million, up 15 percent compared with $31 million in the prior year; earnings per diluted ... [Published Home Furnishings Business - Oct 23 2014]
First reported Oct 23 2014 - Updated Oct 23 2014 - 1 reports

Optimism of High Point Market's Future Strong

Funding from public and private sources is helping High Point Market leaders bring more people to the world’s largest home furnishings trade show.That was one of the points made at the High Point Market Authority Board of Directors meeting Wednesday.The ... [Published Home Furnishings Business - Oct 23 2014]
First reported Oct 23 2014 - Updated Oct 23 2014 - 1 reports

United Furniture Vies for Former Lane Factory

Growing upholstery supplier United Furniture Inds. is in the running to buy a former Lane office and warehouse in Verona, Miss. United is bidding against Florida-based McCormick Drive LLC, a company whose business records list Ron Wanek, chairman of Ashley ... [Published Home Furnishings Business - Oct 23 2014]
First reported Oct 23 2014 - Updated Oct 23 2014 - 1 reports

Study: Consumers More Open to Big Tickets

Consumer confidence and willingness to make a big-ticket purchase are on the rise. That's according to Synchrony Financial 's 2014 Major Purchase Consumer Study.The survey explored the shopping habits of 3,859 consumers nationwide who recently made purchases ... [Published Home Furnishings Business - Oct 23 2014]
First reported Oct 22 2014 - Updated Oct 22 2014 - 1 reports

Badcock Plans Georgia Distribution Center

Furniture retailer W.S. Badcock Corp. , plans to invest $22 million to build a regional distribution center in LaGrange, Ga.The facility will employ more than 100 people.The 535,000-square-foot facility will be located at Callaway South Industrial Park ... [Published Home Furnishings Business - Oct 22 2014]
First reported Oct 22 2014 - Updated Oct 22 2014 - 1 reports

Ethan Allen 1Q Income Climbs

Ethan Allen Interiors ( NYSE: ETH ) reported net income of $11.9 million for the first quarter ended Sept. 30, a 32 percent increase from $9 million reported in the same quarter last year.Net sales for the quarter increased 5 percent to 190.7 million. ... [Published Home Furnishings Business - Oct 22 2014]
First reported Oct 21 2014 - Updated Oct 22 2014 - 1 reports

Designer Oscar de la Renta Dies

Fashion designer Oscar de la Renta who partnered with Century Furniture in 2002 for his foray into furniture has died. He was 82.Legendary fashion designer Oscar de la Renta, who spent half a century putting high society in haute couture, has died. He ... [Published Home Furnishings Business - Oct 21 2014]
First reported Oct 21 2014 - Updated Oct 21 2014 - 1 reports

Pinnacles Honor Top Furniture Designs

The American Society of Furniture Designers honored outstanding home furnishings design at Tuesday night's 19th annual Pinnacle Awards banquet at High Point Furniture Market .Celebrity designer Joe Ruggiero and Ray Allegrezza, editor in chief at Furniture ... [Published Home Furnishings Business - Oct 21 2014]
First reported Oct 21 2014 - Updated Oct 21 2014 - 1 reports

N.C. Governor Voices Support for High Point Market

North Carolina's Governor toured two furniture showrooms Monday and verbally committed to continued support of the High Point Market.Gov. Pat McCrory smiled as he toured two furniture market showrooms Monday afternoon, intermittently plopping down onto ... [Published Home Furnishings Business - Oct 21 2014]

Quotes

"We are pleased with our continued strong performance," said Farooq Kathwari, chairman and CEO of Ethan Allen. "Both the wholesale and retail segments performed well. Despite clearance sales at lower margins and the disruption at manufacturing and retail in implementing new products and renovations, we maintained strong gross and adjusted operating margins of 55 percent and 11.5 percent compared to 54.4 percent and 9.2 percent in the prior year."
"Tony’s retail experience and analytical approach to new opportunities will help fortify our management team,” Edwards said."
"They were even onsite, in our 'war room,' as the new CompanyCompany C Web sites launched," Chapin said. "It was an exciting moment for our company. We are thrilled with the outcome and are already seeing results.”"
...the revival of the Show, attract new exhibitors, and enhance the visibility of the event as well as the entire Canadian industry," Richard said. "This is a choice favoured by some of the major European shows. For many potential exhibitors, including some of the big furniture and appliance manufacturers, a consumer day is a highly desired asset. Having such a day provides exhibitors with a unique opportunity to communicate directly with consumers, to see first-hand how they react to their products, and to get some exposure for their brand."

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All (139) | News (139) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Las Vegas Gears up for Winter Show [Published Home Furnishings Business - Oct 24 2014]
Versatile Credit Adds Fortiva | YBUY Service to... [Published Home Furnishings Business - Oct 24 2014]
Wayfair to Release Q3 Results on Nov. 10 [Published Home Furnishings Business - Oct 24 2014]
Select Comfort Q3 Sales up 23% [Published Home Furnishings Business - Oct 23 2014]
Optimism of High Point Market's Future Strong [Published Home Furnishings Business - Oct 23 2014]
Study: Consumers More Open to Big Tickets [Published Home Furnishings Business - Oct 23 2014]
United Furniture Vies for Former Lane Factory [Published Home Furnishings Business - Oct 23 2014]
Badcock Plans Georgia Distribution Center [Published Home Furnishings Business - Oct 22 2014]
Ethan Allen 1Q Income Climbs [Published Home Furnishings Business - Oct 22 2014]
Designer Oscar de la Renta Dies [Published Home Furnishings Business - Oct 21 2014]
Pinnacles Honor Top Furniture Designs [Published Home Furnishings Business - Oct 21 2014]
N.C. Governor Voices Support for High Point Market [Published Home Furnishings Business - Oct 21 2014]
AICO Promotes 3 [Published Home Furnishings Business - Oct 20 2014]
Inter!ors Expanding in Pa. [Published Home Furnishings Business - Oct 20 2014]
American Furniture Hall of Fame Inducts 4 Members [Published Home Furnishings Business - Oct 20 2014]
Ashley Celebrates Grand Opening in Advance, N.C. [Published Home Furnishings Business - Oct 20 2014]
MicroD Launches OmniVue Platform [Published Home Furnishings Business - Oct 20 2014]
FastFact: Household Incomes Hold Steady [Published Home Furnishings Business - Oct 20 2014]
Tony Ricci Joins Aspenhome [Published Home Furnishings Business - Oct 17 2014]
Customatic Adds Assembly Line [Published Home Furnishings Business - Oct 17 2014]
Company C Launches New Web Site Design [Published Home Furnishings Business - Oct 17 2014]
Capel Offers Williamsburg Getaway [Published Home Furnishings Business - Oct 17 2014]
American Furniture Hall of Fame Seeks Stories [Published Home Furnishings Business - Oct 17 2014]
Changes Coming for Canadian Furniture Show [Published Home Furnishings Business - Oct 16 2014]
NAHFA Hosts Annual Meeting at High Point Market [Published Home Furnishings Business - Oct 16 2014]
Ikea Holds Bold Expansion Plans for France [Published Home Furnishings Business - Oct 16 2014]
South Cone Names Papadakis VP of Sales [Published Home Furnishings Business - Oct 16 2014]
Natuzzi Expands Quick Time for Editions Line [Published Home Furnishings Business - Oct 16 2014]
IFDA to Present Luminary Award to Ruth Clark [Published Home Furnishings Business - Oct 15 2014]
IDS Sets High Point Seminar Schedule [Published Home Furnishings Business - Oct 15 2014]
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