La-Z-Boy’s commitment to retail stores remains robust
Segment contributes largest level of sales growth, profitability in company’s latest quarterly financial results MONROE, Mich. — Once again, La-Z-Boy delivered positive results for its …
Author: Thomas Russell
Home News Now Editor-in-Chief Thomas Russell has covered the furniture industry for 25 years at various daily and weekly consumer and trade publications. He can be reached at tom@homenewsnow.com and at 336-508-4616.
Industry fondly remembers Cisco Pinedo
PASADENA, Calif. — Following our publication last week of an obituary for Cisco Pinedo, who died suddenly on Feb. 11 while traveling in Mexico, we …
CFPB seeks public comment on rule to limit credit card late fees
Agency says revenues collected from these charges are estimated as much as five times greater than collection costs for late-payment violations WASHINGTON — The Consumer …
Coliseum Capital lawsuit says Purple’s preferred stock issuance violates company’s charter
Company’s largest shareholder said move also further illustrates need for new board members ROWAYTON, Conn. — Coliseum Capital, Purple Innovation’s largest shareholder, has filed a …
Treecraft Furniture purchase of Canal Dover seeks to grow both companies
Canal Dover will provide Treecraft added capacity, while Treecraft will offer design expertise from the hospitality sector MILLERSBURG, Ohio — With its recent acquisition of …
Does TJX bookcase recall put CPSC tip-over spotlight on other wood furniture categories?
That could depend on whether the design and consumer utilization positions them as clothing storage units WASHINGTON — A seemingly small recall announced by TJX …
YOY January existing home sales fall 36.9%
January sales also fall .7% from December, marking the 12th consecutive monthly decline WASHINGTON — Existing home sales fell for the 12th consecutive month in …
Miskelly Furniture’s first-aid training helps save man’s life
Retailer recently has expanded the education effort to all 300 team members FLOWOOD, Miss. — When Elizabeth Ann Howell awoke to her husband, Tyler, struggling …
IMC announces executive-level staff promotions
LAS VEGAS – International Market Centers has announced changes to its executive and senior leadership teams, including the promotion of Dorothy Belshaw to the new …
Havertys reports increase in 2022 Q4, full-year sales
Company achieves over $1 billion in revenues for second year in a row ATLANTA — Havertys reported that it achieved record-breaking fourth-quarter sales and for …
