The Indonesian furniture industry is targeting export revenue of 6 billion U.S. dollars, or approximately 101 trillion rupiah (at an exchange rate of 16,905 rupiah per U.S. dollar), over the next five years. The Indonesian…
Ikea doesn't faze local furniture makers
By Erin Hoover Barnett Portland furniture maker Leland Tauer turned hype about Ikea into an opportunity. "No Swedish particle board here," Tauer posted on the side of Rose City Furnishings, at Northeast Broadway and 34th…
Haverty Furniture's sales fall to $70.7M
Haverty Furniture Cos.' sales dipped 8.3 percent in August, as the company continued to weather the housing slowdown. The Atlanta-based furniture retailer (NYSE: HVT - News) reported its August sales dropped to $70.7 million, compared…
Morning Blaze Damages Grand Junction Furniture Store
GRAND JUNCTION, Colo. -- Damage is estimated at $50,000 after an early-morning fire at the Furniture Row complex in Grand Junction. Police and fire crews responded to the business at about 3:00 a.m. Thursday, and…
Universal set to buy Pennsylvania House from La-Z-Boy
Furniture Today, Brand will be developed, Universal parent Samson says MONROE, Mich. — Universal Furniture will acquire the Pennsylvania House trade name and certain assets from La-Z-Boy, the companies said today. La-Z-Boy said the parties…
Maku Furnishings to attend Casual Show for first…
Company debuted outdoor collection in U.S. last spring Casual Living, Maku Furnishings, the Southern California manufacturer of contemporary home furnishings focused around an outdoor, lifestyle and design heritage, is making its first appearance at the…
Tropitone making progress in search
Manufacturer hopes to obtain institutional investor to take advantage of growth opportunities -- Casual Living, Tropitone Furniture is making significant progress in its plan to join with an institutional investor, the company reported in late…
Hooker Furniture 2Q Profit Rises
Hooker Furniture Reports Jump in Fiscal 2015 2nd-Quarter Earnings, Sales Fall 12 Percent MARTINSVILLE, Va. (AP) -- Furniture maker Hooker Furniture Corp. on Wednesday posted higher fiscal second-quarter earnings on improved profit margins and a…
Ikea sets Nov. 14 opening for Orlando store
Furniture Today, It will be Top 100 chain’s second in Florida and 33rd in U.S. ORLANDO, Fla. — Ikea said it will open its second Florida store here Nov. 14. The 309,000-square-foot store, on a…