Big Lots annual report shows 13.6% drop in overall sales, 16% decline in furniture
Soft retail sales, store closures and Universal shutdown contributed to loss, company says After posting unaudited financials in early March, Big Lots now has filed …
Category: Home News Now
News from the people who create the objects we love.
The Last Word: A chat with Blaine and Jeff Smith
In this latest edition of The Last Word, Ray Allegrezza speaks with these two industry veterans, one on the rep side of the business and one on the …
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% …
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 …
Nice Link to debut 8 new collections at Interwoven
HIGH POINT — Nice Link Home Furnishings, a provider of upholstery solutions in the furniture industry, will debut eight collections at the upcoming Interwoven, May …
Tepperman’s adds 7th store in southwestern Ontario
44,000-square-foot showroom in St. Catharines will employ 50 ST. CATHARINES, Ontario — Family-owned retailer Tepperman’s is expanding its footprint here with a new 44,000-square-foot showroom …
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 …
AHFA announces agenda for Aug. 7-8 Regulatory Summit
HIGH POINT, N.C. — The American Home Furnishings Alliance will hold its annual Regulatory Summit August 7-8 at The Conference Center at Guilford Technical Community …
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 …
FTC votes to ban noncompete agreements
Manufacturer associations strongly oppose new rule In what it says is an effort to promote competition, the Federal Trade Commission issued a final rule this week …
