Flexsteel reports drop in Q4 sales, earnings
Sales for full year rose 13.6%, while net income faltered DUBUQUE, Iowa – Full-line furniture resource Flexsteel reported a drop in sales and earnings for …
Tag: Up Close
La-Z-Boy posts record Q1 sales, operating income
MONROE, Mich. – La-Z-Boy reported record consolidated first quarter sales of $604 million and record first quarter operating income of $52.6 million. Consolidated sales during …
Meximuebles invests in wood processing equipment to control quality, price of goods
JAMAY, Jalisco —Case goods manufacturer Meximeubles has invested in new equipment it says will help it better control its supply chain on lumber, which it …
Kingsdown names Gene Pierce global chief operating officer
MEBANE, N.C. – Luxury bedding manufacturer Kingsdown has named Gene Pierce as its global chief operating officer. He replaces former chief operating officer Eric Spencer. …
Roy Calcagne to retire as president, CEO of Craftmaster this fall
TAYLORSVILLE, N.C. – Roy Calcagne, the long-time president and CEO of upholstery manufacturer Craftmaster Furniture is retiring this fall the company said Monday. Calcagne has …
Klaussner names David Cybulski president and CEO
ASHEBORO, N.C. – Whole home resource Klaussner Home Furnishings, has named Chief Financial Officer David Cybulski President and Chief Executive Officer. Cybulski has served as …
Wayfair reduces global workforce by 5%
BOSTON – Wayfair said it is cutting its global workforce by 5%, a move that will affect some 870 employees. The reduction also includes about …
Mack Peters joins Minhas/Flair as U.S. VP of sales and marketing
CALGARY, Alberta — Minhas Furniture House, parent company of Flair Enterprises, has hired Mack Peters as vice president of sales and marketing for the United …
Letter to the editor: Political discussions a toxic mixture in business
Few would argue that our nation is divided in a manner not witnessed in many decades. This was true even prior to the added pressures …
High inventories, drop in consumer demand hit home at Dorel Industries
Company reports drop in Q2 sales, earnings due to marketplace challenges MONTREAL — The results of Dorel Industries’ latest earnings report for the second quarter …
