Flexsteel reports 8.2% increase in fiscal Q3 net sales
Reported $107.2 million in revenues exceeds prior guidance of $101 million to $106 million DUBUQUE, Iowa — Full-line furniture manufacturer Flexsteel Industries reported an 8.2% …
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.
Derek P. Schmidt to succeed Jerry Dittmer as CEO of Flexsteel
Dittmer to step down from role on June 30, Schmidt assumes post July 1 DUBUQUE, Iowa — Full-line furniture resource Flexsteel announced Monday that company …
FTC fines Williams Sonoma $3.17 million for violating made-in-USA order
Record penalty stems from 2020 order regarding the labeling of where products are made WASHINGTON — The Federal Trade Commission announced that lifestyle furniture and …
Andmore announces executive transition
Jonathan Pertchik to succeed longtime CEO Bob Maricich, Dorothy Belshaw named president LAS VEGAS — Bob Maricich, the longtime furniture industry executive who founded International …
CIN research addresses effect of interest rates on furniture sales
Current mortage-rate levels appear to be having a bigger impact on the purchase plans of younger versus older consumers HIGH POINT — There’s been a …
1,250 GhostBed mattresses recalled because of violation of federal flammability regulations
US Consumer Product Safety Commission says the units violate smoldering ignition requirements, posing a fire hazard to consumers WASHINGTON — Bedding manufacturers Innovative Bedding Solutions …
Crate & Barrel recalls 3,320 cribs in US and Canada because of possible fall hazard
Consumers have reported a dozen instances where mattress support pins have become loose NORTHBROOK, Ill. — Lifestyle retailer Crate & Barrel has recalled more than …
Ethan Allen reports declines in fiscal Q3 revenues amid ongoing retail slowdown
However, the company remains profitable with net income of $13 million during fiscal 2024 3rd quarter ended March 31 DANBURY, Conn. — Ethan Allen Interiors …
Theodore Alexander USA to consolidate operations in Trinity, North Carolina
Company is moving manufacturing, administration and distribution to 200,000-square-foot former United Furniture plant during 2nd and 3rd quarters TRINITY, N.C. — Luxury furniture manufacturer Theodore …
The ebb and flow of furniture markets
A strong market for some often ends up being a bad one for others HIGH POINT — It’s often hard being the messenger in this …
