Norwalk Furniture names Tim Newlin president and CEO
Industry veteran comes to the company after nearly 30 years at Flexsteel NORWALK, Ohio — Industry veteran Tim Newlin has been named president, chief executive …
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Arhaus investor presentation highlights growth opportunities
Core strategies include increasing brand awareness, expanding its physical store footprint and using technology to build its omnichannel platform BOSTON HEIGHTS, Ohio — A glance …
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 …
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 …
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 …
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 …
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 …
