Bassett reports Q4, full-year results
Company posts gains in quarterly and YOY sales, significant growth in annual net income BASSETT, Va. — Upholstery and case goods manufacturer Bassett Furniture reported …
Category: Retail
Retail category is about stores and their stories.
Weekends Only begins going-out-of-business sales at 8 store locations
ST. LOUIS — Weekends Only Furniture & Mattress is beginning a going-out-of-business sale for all its store locations, the company said this week. The company …
Existing home sales decline for 11th straight month in December
YOY sales fell across all regions, representing an overall drop of 34% from December 2021 WASHINGTON — Existing home sales fell for the 11th consecutive …
Steger’s Furniture adding new location in Peoria, Illinois, this summer
50,000-square-foot store will be about the same size as its existing location in nearby Pekin PEORIA, Ill. — Retailer Steger’s Furniture in Pekin is doubling …
Kingsdown reviews seek to capture consumer sentiment about brand
Sleep Love Share campaign gathers customer feedback to help promote the line on the retail sales floor MEBANE, N.C. — For many companies in and …
Serta Simmons Bedding files Chapter 11
HOUSTON — Bedding giant Serta Simmons Bedding filed for Chapter 11 bankruptcy protection late Monday, a move that will likely disrupt the huge portion of …
Keith Koenig, co-founder and chairman of City Furniture to receive 2023 Horatio Alger Award
TAMARAC, Fla. (January 23, 2023) – Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue …
Wayfair’s Niraj Shah shares insights on company restructuring effort
Moves to reduce headcounts will result in $750 million in annual cost savings BOSTON — In a statement to company associates, Niraj Shah, Wayfair’s CEO, …
City Furniture releases 2022 Corporate Social Responsibility Report
TAMARAC, FL–(January 19, 2023) – CITY Furniture (“CITY” or “the Company”), a family-owned American furniture and mattress retailer, fine upholstery manufacturer, and one of America’s Top …
CPSC: Mandatory stability standard for clothing storage units remains valid
Agency says industry should follow its rule while it reviews the requirements of STURDY WASHINGTON — The United States Consumer Product Safety Commission said in …
