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Aaron's Furniture Revenues Rose 37 Percent in 4th Quarter

Posted by Bill Esler | Posted: 02/11/2015 12:06PM

Aaron's, Inc. (NYSE: AAN) furniture and appliance leasing firm said fourth quarter 2014 revenues rose 37% to $759.7 million. Net earnings were down slightly, at $22.1 million.


Shoe Cabinets May Be Excluded from Chinese Furniture Antidumping

Posted by Karen Koenig | Posted: 02/11/2015 9:07AM

Shoe cabinets may be excluded from the antidumping order on Chinese wood bedroom furniture following a preliminary determination by the U.S. Department of Commerce, International Trade Administration.


Jack Cartwright Seating Acquired by UK-Based Boss Design Group

Posted by Karen Koenig | Posted: 02/10/2015 9:17AM

A British furniture firm has acquired American seating manufacturer Jack Cartwright. The Boss Design Group says acquisition of the High Point, NC-based firm gives the UK manufacturer a greater foothold in the U.S. market. Terms of the deal, effective February 1, were not disclosed.


One Multi-tasking CNC Speeds Repetitive Cuts for 3 Display Firms

By Posted: 02/09/2015 4:20PM

A trio of saws were retired soon after Lone Star Exhibits added its first MultiCam 3000 CNC router. The versatile machining center is so productive, two sister companies share its automated fabrication capabilities.




Koa Forestry Company Adds Andrew Callister as Senior Consultant

Posted by Michaelle Bradford | Posted: 02/09/2015 11:08AM

Sustainable tropical hardwood forestry company, Hawaiian Legacy Hardwoods, appointed Andrew Callister as senior consultant for eco-asset management program.


Homeowner Aid Porch.com Secures $65 Million in Financing

By Alex Keown Posted: 02/06/2015 5:46PM

Porch.com, the home search network for homeowners and home professionals, has raised over $65 million in funding from investment partners. In two years Porch has raised $100 million in total funding.


Chinese Furniture Buying Seen Moving Online To Mobile Phones

By Alex Keown Posted: 02/06/2015 5:12PM

Mobile and online retail sales, including those of nontraditional items such as furniture, are predicted to exceed $1 trillion, according to a new report from Forrester Research, Inc.


Enforce LACEY Against Illegal Wood, Maroon 5's Mickey Madden Says

By Alex Keown Posted: 02/06/2015 4:29PM

Citing environmental concerns, musicians, including Mickey Madden of Maroon 5, are calling for for legal and sustainable sourcing of wood products used in guitars and other musical instruments.


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