Increases in earnings per share and net revenues highlighted Williams-Sonoma’s third quarter earnings, which were announced simultaneously with the brick-and-click retailer’s acquisition of Outward Inc., a 3-D imaging and augmented reality (AR) technology company, for a $112 million cash consideration. More
Appalachian Hardwood Manufacturers Inc. reports that maple is among the prevalent wood species used in both solid wood and veneered furniture. More
Ashley HomeStore’s Southwest division will open its 50th HomeStore on Friday, Nov. 17, at 8515 South Emerald Drive here. More
Hurricanes and unseasonably warm temperatures ate into TJX Cos. fiscal third quarter results as the off-price retailer posted a 6% sales increase but flat same-store sales. More
When you’re looking for the perfect Christmas gift — say a $2,900, 24 karat gold corkscrew for that special someone who has everything — your first stop might be the Neiman Marcus holiday catalog. But that item, is actually part of Art Van Furniture’s first “Wonderland Holiday Gift Guide. More
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- On the last video chat before Thanksgiving, the Furniture Today team touches on furniture carriers, retail expansions, artificial intelligence and a new case goods producer that blends old fashioned woodworking with high-tech production and e-commerce
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November 16, 2017I keep reading about this retail apocalypse thing. Apparently brick and mortar is dead. It’s time to turn all that space into condos or something. Just yesterday I received an e-mail asking if we were working on any year-in-review/looking-ahead stories focusing on the retail apocalypse. It seems there’s a cottage industry of experts just waiting to share their thoughts on this seeming inevitability. Who knew? I was already to call and find out what they knew that I didn’t. Then the U.S. Department of Commerce released its October results, and it seems it might not ...
November 13, 2017The merger last month of two of the nation's largest furniture, electronics and appliance buying groups points to an industry trend that's only going to grow in the years to come. You might actually call the trend, “Grow.” Perhaps, “Grow or be outgrown.” Or you could just call it boring old retail consolidation, which has been going on for years, anyway. But it’s really anything but boring as there seems to be a new sense of urgency behind it that’s likely to drive more of the same and do so in a host of new shapes ...
October 26, 2017What happens when retail is soft, store traffic is down, competition for consumers is intense and yet the cost of goods is going up? Whatever it is, we’re about to find out. One of the more widely discussed subjects at the recent High Point Market was the prospect of price increases. They’re a reality in the bedding business, and pass-alongs throughout the supply chain seem likely. They’re being broadly discussed in the upholstery business, although it’s unclear how much of that will be passed along to retailers, and it’s fairly certain consumers won’t see ...
- Furniture Today Leadership Conference
November 28, 2017 - November 30, 2017
Four Seasons Resort
Orlando, Florida, US
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December 3, 2017 - December 6, 2017
High Point, N.C.
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January 4, 2018 - January 7, 2018
Tupelo, Miss., US