Hooker: Casegoods Bolsters Bottom Line

Hooker Furniture

MARTINSVILLE, Va.-Hooker Furniture posted a gain of 51.4 percent in its fiscal third-quarter net income, which totaled $3.2 million. Net sales in the quarter, which ended on Nov. 2, reached $63.2 million, up 6.8 percent. The increase was fueled by higher average selling prices, which offset a relatively flat unit volume performance. Casegoods turned inMore »

Last updated: December 10, 2014

Hudson’s Bay Slashes Q3 Loss

Hudson's Bay

TORONTO-As its integration of Saks continues, Hudson’s Bay Co. reported a third-quarter net loss of C$13 million (U.S.$11.6 million), compared to a net loss of C$126 million (U.S.$114.2 million) for the third quarter of last year. Bolstered by the acquisition of Saks, net sales in the quarter, which ended on Nov. 1, jumped 94.4 percentMore »

Last updated: December 9, 2014

Burlington Stores’ Loss Grows in Q3

Burlington Stores

FLORENCE, N.J.-Climbing expenses and a loss on the extinguishment of debt drove Burlington Stores to a net loss of $34.2 million in its fiscal third quarter, compared to a net loss of $16.9 million in the third quarter of 2013. The retailer posted a loss of $70.3 million on the extinguishment of debt in theMore »

Last updated: December 9, 2014

Millhouse Named to Head Protect-A-Bed Sales

Ken Millhouse

CHICAGO-Protect-A-Bed has appointed former Lego executive Ken Millhouse president of sales, putting him in charge of the company’s sales teams throughout the United States and in 49 countries. Millhouse reports directly to James Bell, Protect-A-Bed’s CEO. He succeeds Clive Goldin, who has retired. Before joining Protect-A-Bed full time, Millhouse had served as a consultant toMore »

Last updated: December 9, 2014

Brummett Tabbed as Comfort Revolution VP

Dave Brummett

WEST LONG BRANCH, N.J.-Comfort Revolution has named sleep-products industry veteran Dave Brummett vice president of product development and merchandising, a newly created position. In his new role, Brummett is responsible for developing new products in mattresses, pillows and toppers, and a comprehensive merchandising strategy. Comfort Revolution produces collections for its own brand and for Sealy’sMore »

Last updated: December 9, 2014

Heimtextil India to Enlarge Space

heimtextil India

NEW DELHI-The 2015 edition of Heimtextil India will encompass some 43,000 square feet of exhibiting space, up 40 percent from this year’s Heimtextil India, according to a statement from the trade fair. In addition, the statement said, more than 50 percent of the total exhibiting space has been booked by major Indian textile brands. ConfirmationsMore »

Last updated: December 9, 2014

Devgiri Exports to Debut Largest New Showroom in Atlanta


ATLANTA—The U.S. division of Devgiri Exports will debut what will be the largest new showroom at AmericasMart Atlanta next month: a 12,000-square-foot space on Floor 5 in Building 1. Though the company has had its office and showroom in downtown Atlanta for several years, the new showroom is its first in AmericasMart. “We are nowMore »

Last updated: December 9, 2014