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The Home Depot Names New CEO

By Alex Keown Posted: 08/22/2014 7:45AM

Home improvement retail giant The Home Depot named Craig Menear the company’s new CEO.

Masonite International Restructures Failing Israel Subsidiary

Posted: 08/21/2014 7:48PM

Masonite International Corporation (NYSE: DOOR) announced that the Board of Directors of Masonite Israel Ltd., a wholly-owned subsidiary of Masonite International Corporation, decided to voluntarily seek a Stay of Proceedings from the Israeli courts in an attempt to restructure the business.

Aaron’s Furniture Appoints CFO at Acting CEO

Posted: 08/21/2014 7:05PM

Furniture manufacturer and retailer Aaron's, Inc. (NYSE: AAN named its CFO Gilbert L. Danielson as interim Chief Executive Officer, following the retirement of Ronald W. Allen as the company's CEO on August 31, 2014.

Median Size of New Housing Construction Dips, Data Shows

By Alex Keown Posted: 08/21/2014 11:06AM

Home builders are currently constructing slightly smaller homes, according to the U.S. Department of Commerce.

Leggett & Platt Agrees to $39 Million Anti-Trust Settlement

By Alex Keown Posted: 08/21/2014 10:01AM

Furniture and bedding components company Leggett & Platt agreed to pay a $39,8 million settlement in an antitrust lawsuit filed against the company over the sales of polyurethane foam.

Casegoods and Upholstery Boost La-Z-Boy Quarterly Reports

By Alex Keown Posted: 08/20/2014 3:48PM

La-Z-Boy Incorporated started the first quarter of fiscal year 2015 off with $327 million in sales, a 7 percent increase over the first quarter of fiscal year 2014.

Flexsteel Posts Strong Fiscal Year

By Alex Keown Posted: 08/20/2014 3:11PM

Flexsteel Industries, Inc. reported a strong end to its fiscal year, with $439 million in net sales, a 14 percent increase over fiscal year 2013.

Strong Seasonal Sales Boost Home Depot's Second Quarter Earnings

By Alex Keown Posted: 08/20/2014 2:00PM

Due to a rebounding spring business, The Home Depot reported sales of $23.8 billion for the second quarter of fiscal 2014, a 5.7 percent increase from the second quarter of fiscal 2013.

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