Earnings roundup for the week ending Dec. 11
The ‘It’s good to be a retailer” edition, despite supply chain headaches Net income for the luxury home furnishings retailer RH quadrupled to $184 million …
Category: Supply chain logistics
AHFA names Michael Padjen vice president, membership and associate member relations
HIGH POINT – The American Home Furnishings Alliance has hired industry veteran Michael Padjen as vice president, membership and associate member relations. He fills a …
Ashley Furniture adds new upholstery plant in Arizona
TOLLESON, Ariz. – Ashley Furniture Industries announced this week it is expanding its furniture manufacturing operations here with a new 225,000-square-foot plant that will employ …
Bauhaus adds production capacity in Ripley, Miss.
Existing 220,000-square-foot building will be used for additional manufacturing, which will help lower backlogs and lead times RIPLEY, Miss. – Upholstery manufacturer Bauhaus has added …
Vietrade, HAWA to host Dec. 15 webinar focusing on opportunities in Vietnam
HO CHI MINH CITY, Vietnam – The Vietnam Trade Promotion Agency (Vietrade), the Vietnam Trade Office in the U.S. and the Handicraft & Wood Industry …
Ashley Furniture enters agreement to purchase West Coast fleet of Wilson Logistics
ARCADIA, Wisc. – Ashley Furniture has entered into an agreement to purchase the West Coast fleet of Springfield, Mo.-based Wilson Logistics as part of a …
Hooker Furnishings opens 800,000-square foot distribution center in Savannah
SAVANNAH, Ga. – Hooker Furnishings, one of the nation’s leading home furnishings resources for case goods, leather furniture and fabric-upholstered furniture, has recently opened its largest facility …
Sherrill Furniture to receive $150,000 state grant for North Carolina expansion effort
CONOVER, N.C. —The State of North Carolina is providing a performance-based grant of $150,000 to luxury furniture manufacturer Sherrill Furniture to support its planned expansion …
Manwah poised to boost Asian capacity with Futura parent acquisition
Transaction also allows the motion furniture manufacturer to move more quickly into stationary upholstery, a new category for Manwah HIGH POINT – Motion furniture manufacturer …
Foundry 39 Furnishings adds home office to solid wood lineup
Company seeks to offer segment-dedicated manufacturing space in its Indiana plant along with entertainment, occasional furniture GOSHEN, Ind. — Solid wood case goods manufacturer Foundry …
