Flexsteel call suggests aggressive path forward amid CSC bid for company
Digital growth and new product development initiatives are at the heart of planned strategy DUBUQUE, Iowa — Flexsteel’s latest earnings call this week revisited some …
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.
Stanton Sofas adds Mexico production for zero gravity motion line
Company will make fabric and leather sofas, loveseats, chairs and sectionals in new 125,000-square-foot Ensenada plant ENSENADA, Mexico — Upholstery manufacturer Stanton Sofas is expanding …
Coaster implements price decrease effective Aug. 27
SANTA FE SPRINGS, Calif. — Full-line furniture, accent and accessories resource Coaster Fine Furniture is implementing a price decrease that takes effect Aug. 27. The …
Flexsteel reports drop in Q4 sales, earnings
Sales for full year rose 13.6%, while net income faltered DUBUQUE, Iowa – Full-line furniture resource Flexsteel reported a drop in sales and earnings for …
La-Z-Boy posts record Q1 sales, operating income
MONROE, Mich. – La-Z-Boy reported record consolidated first quarter sales of $604 million and record first quarter operating income of $52.6 million. Consolidated sales during …
Tracking alleged ties to Uyghur forced labor
Jewish World Watch has amassed a list of some 800 companies whose supply chains are allegedly linked to atrocities in the Xinjiang region of China …
LF Enterprises rebrands as Vantage Trading
Importer also is launching its first domestic upholstery line during the fall market cycle DALLAS – As part of a reorganization, case goods importer LF …
Meximuebles invests in wood processing equipment to control quality, price of goods
JAMAY, Jalisco —Case goods manufacturer Meximeubles has invested in new equipment it says will help it better control its supply chain on lumber, which it …
Kingsdown names Gene Pierce global chief operating officer
MEBANE, N.C. – Luxury bedding manufacturer Kingsdown has named Gene Pierce as its global chief operating officer. He replaces former chief operating officer Eric Spencer. …
Roy Calcagne to retire as president, CEO of Craftmaster this fall
TAYLORSVILLE, N.C. – Roy Calcagne, the long-time president and CEO of upholstery manufacturer Craftmaster Furniture is retiring this fall the company said Monday. Calcagne has …
