Furniture Industry Market Statistics, Financial Analysis, Business News & Reports
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New contemporary furniture show set for Copenhagen
Thomas Russell, February 9, 2012COPENHAGEN, Denmark — A new furniture show focusing on contemporary Scandinavian designs is planned in Copenhagen later this year. More
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CARB extends sell-through dates for California retailers
Heath E. Combs, February 9, 2012SACRAMENTO, Calif. — California furniture retailers will again have more time to sell off existing inventories of product that doesn't comply with the state's stringent composite panel regulations. More
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Poker tournament raises $17,000, so far, for Autism Speaks
David Perry, February 9, 2012LAS VEGAS — Autism research was the winner when home furnishings executives gathered at a famous poker venue here to support the Autism Speaks organization. More
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Select Comfort more than doubles profit as sales soar 27%
Larry Thomas, February 9, 2012MINNEAPOLIS — Powered by a 31% same-store sales increase at its company-owned retail stores, specialty bedding manufacturer Select Comfort said fourth-quarter profits were more than double the comparable period from the previous year. More
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American Furniture Hall of Fame selling updated portrait of members
Furniture Today Staff, February 9, 2012
HIGH POINT — Updated prints showing all American Furniture Hall of Fame members, including the 2011 inductees, are on sale now by the foundation that supports the hall. More
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Store owners in Georgia city object to furniture peddlers
Furniture Today Staff, February 8, 2012ALBANY, Ga. — Several furniture store owners here expressed their frustration to city commissioners Tuesday about temporary furniture peddlers who sell out of trucks, TV station WALB reported. More
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City of Hope plans Spirit of Life Award banquet, West Coast tournament
Furniture Today Staff, February 8, 2012HIGH POINT — Plans are set to honor industry leaders Jeff Seaman and Bob Sherman with the City of Hope's Spirit of Life Award in April, and to salute members of the Levitz family at the organization's 21st Annual West Coast Golf & Tennis Tournament in June. More
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Toronto Summer Furniture Show to open Aug. 11
Michael J. Knell, February 8, 2012MISSISSAUGA, Ontario — This year's Toronto Summer Furniture Show will be held from Saturday to Tuesday, Aug. 11-14, the Canadian Home Furnishings Alliance has announced. More
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IMC honors Mike Snider with Robert H. Spilman award for excellence
Furniture Today Staff, February 8, 2012
HIGH POINT — Mike Snider became the third recipient of International Market Centers' annual Robert H. Spilman Spirit of Excellence Award in a presentation here Dec. 15, according to IMC. More
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Havertys' new ad campaign plays up customers' finer qualities
Clint Engel, February 8, 2012
ATLANTA — Havertys is launching a new advertising campaign this week that plays up its customers and their intelligence and personality as much as it does the retailer's furniture. More
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Hooker Furniture reorganizes case goods merchandising efforts
Thomas Russell, February 7, 2012
MARTINSVILLE, Va. — Case goods and upholstery resource Hooker Furniture has reorganized its case goods division into teams with responsibilities for various products, the company announced Tuesday. More
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Ashley Furniture, Marlon Brando estate resolve name dispute
Gary Evans, February 7, 2012LOS ANGELES — Ashley Furniture and the estate of Marlon Brando have resolved a dispute over the use of the Brando name on a collection of Ashley's upholstery. More
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Belfort Furniture, Lawrance Furniture are NHFA Retailers of Year
Clint Engel, February 7, 2012HIGH POINT — Belfort Furniture in Dulles, Va., and Lawrance Furniture in San Diego are the National Home Furnishings Assn.'s Retailers of the Year for 2012. More
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Furniture, mattress sales boost Conn's sales 37.6% in recent quarter
Furniture Today Staff, February 7, 2012BEAUMONT, Texas — Furniture and mattresses were the fastest growing category for Conn's in the latest quarter, with sales up 37.6% to $27.7 million, the Beaumont-based specialty retailer reported. More
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UPDATE: Jim Sherbert steps down as CEO of Bush Inds.
Thomas Russell, February 7, 2012
JAMESTOWN, N.Y. — Jim Sherbert has stepped down as CEO of ready-to-assemble furniture specialist Bush Inds. and will retire this spring, the company announced. More
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Leggett & Platt sales grow 6.5%, but charge sends 4Q profit down
Larry Thomas, February 7, 2012CARTHAGE, Mo. — Components supplier Leggett & Platt said fourth-quarter sales rose 6.5%, but profits were down due to a restructuring charge. More
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Paramount Sleep signs Cannon as licensee for 4 western states
Furniture Today Staff, February 7, 2012NORFOLK, Va. — Paramount Sleep said it has licensed Fresno, Calif. bedding manufacturer Cannon Sleep Products to manufacture and distribute its products in California, Oregon, Nevada and Arizona. More
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Furniture designer, American Leather shareholder Rob Jones dies at 54
Larry Thomas, February 7, 2012
DALLAS — Robert "Rob" Jones, a veteran furniture designer and shareholder in upper-end producer American Leather, died Feb. 1 following a long battle with cancer. More
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Mitchell Group names Lisa Goolsby director of materials, services
Furniture Today Staff, February 7, 2012CHICAGO — Lisa Goolsby, formerly customer service manager at textile source and converter The Mitchell Group, has been promoted to director of materials and services, a new position. More
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Ikea sales, profits rise in fiscal year
Furniture Today Staff, February 6, 2012CONSHOHCKEN, Pa. - Swedish retailer Ikea said that its worldwide sales increased 6.9% in the fiscal year ended Aug. 31, while profits jumped 10.3% despite higher raw materials costs. More
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