Author Archives: Home Furnishings News

Ikea FY Sales Gain 5.9 Percent

IKEA

LEIDEN, The Netherlands-The Ikea Group posted a 5.9 percent increase in total sales for its fiscal year ending on Aug. 31, totaling €28.7 billion (about $37 billion, based on the exchange rate as of Sept. 8). A company statement said the retailer’s fastest-growing market for the year was China, while North America “continued to performMore »

Last updated: September 10, 2014

Stein Mart to Open Six Stores This Fall

Stein Mart

JACKSONVILLE, Fla.-Stein Mart will open six new locations this fall as part of its 2014 expansion plan, which calls for a total of nine new stores and seven relocations. The new stores are located in Albuquerque, N.M.; Carlsbad, Citrus Heights and Clovis, all in Calif.; Delray Beach, Fla.; and Gainesville, Va. In addition, Stein MartMore »

Last updated: September 10, 2014

Morgan Home to Make Hawaiian Tropic, Banana Boat Collections

Hawaiian Tropic

NEW YORK-Morgan Home Fashions has teamed with Energizer Personal Care, parent of the sun-care brands Hawaiian Tropic and Banana Boat, to produce beach textiles collections under both brands. The two lines will consist of beach towels, beach mats, totes and swim sacs. The 2015 spring and summer collections for both brands will be previewed byMore »

Last updated: September 10, 2014

Hooker Q2 Net Jumps 34.6 Percent

Hooker Furniture

MARTINSVILLE, Va.-Increased profitability from key segments offset a slight dip in overall sales to boost Hooker Furniture to a 34.6 percent gain in second-quarter net income, which totaled $2.3 million. According to Paul B. Toms Jr., Hooker’s chairman and CEO, the company posted profit increases in its casegoods and Sam Moore units, along with anMore »

Last updated: September 10, 2014

Joss & Main, Little Big Town Singers Curate Home Collection

Karen Fairchild and Kimberly Schlapman

BOSTON-Joss & Main has launched “An Ode to Style,” a curated sale event and exclusive look inside the homes of Karen Fairchild and Kimberly Schlapman of the Grammy Award-winning country band Little Big Town. The country artists have put together a collection of home furnishings and decor inspired by their Nashville, Tenn., homes. Joss &More »

Last updated: September 10, 2014

Billy Ocean and Little River Band to Perform at High Point

Billy Ocean

HIGH POINT, N.C.–Billy Ocean and Little River Band will be the featured performers at the upcoming High Point Market. Billy Ocean, a grammy-award-winning singer known for hits including “Caribbean Queen,” performs on Saturday, Oct. 18. Little River Band, known for songs such as “Lady” and “Happy Anniversary,” takes the stage on Sunday, Oct. 19. DoorsMore »

Last updated: September 10, 2014

Jaipur Rugs to Debut at Casual Market

Jaipur

ATLANTA–Jaipur Rugs has added Chicago’s International Casual Furniture & Accessories Market to its tradeshow schedule, where it will exhibit next week in booth 7-5087. The show will run Sept. 16-19. In addition to showing its indoor/outdoor category at the show, it will highlight an exclusive catalog showcasing both current and newly added indoor/outdoor rug andMore »

Last updated: September 10, 2014

Burlington Stores Slims Q2 Loss

Burlington Stores

BURLINGTON, N.J.-Sales gains on both a total and same-store basis helped narrow Burlington Stores’ second-quarter net loss from $25 million last year to $6.5 million this year. Net sales for the quarter, which ended on Aug. 2, rose 8.3 percent to $1 billion, while same-store sales gained 4.7 percent. The latter followed on a same-storeMore »

Last updated: September 9, 2014