Furniture sales slow? Don’t blame Brad Pitt

Check out what he bought on a jaunt to Design Miami/Basel, one of the world’s fanciest design fairs.

 

Maybe the market for high-end, one-off design is tanking–but it’s certainly not Brad Pitt’s fault. The actor recently showed up at Design Miami/Basel, and laid out over a quarter million dollars on just . . . → Read More: Furniture sales slow? Don’t blame Brad Pitt

Camera Records Furniture Store Break-in

Robber uses truck to ram doors of Oklahoma City store

OKLAHOMA CITY — A surveillance camera recorded a robbery at a furniture store here of a man who rammed his pickup truck into the doors of the closed store to get inside, according to a report on KSBI-TV News.

The robber then took a 46-inch . . . → Read More: Camera Records Furniture Store Break-in

La-Z-Boy furnishes entire Ronald McDonald House

EDMONTON, Alberta — La-Z-Boy has for the first time furnished an entire house operated by Ronald McDonald House Charities, which provides lodging to families of ill and injured children.

Volunteers from two La-Z-Boy Furniture Galleries stores here delivered more than 260 pieces of donated furniture to the remodeled Ronald McDonald House Northern Alberta. Late last . . . → Read More: La-Z-Boy furnishes entire Ronald McDonald House

Sealy Posts Profit Despite 20.9% Sales Decline

Net income down more than 70%

ARCHDALE, N.C. — Bedding major Sealy reported a profit of $4.75 million for the quarter ended March 1 as worldwide sales fell 20.9%.

The company, which produces the Sealy, Stearns & Foster and Bassett brands, said domestic sales were off 16.5% in units and dollars amid continued weak demand . . . → Read More: Sealy Posts Profit Despite 20.9% Sales Decline

Select Comfort Loses $57.4 Million in Fourth Quarter

Auditors question airbed specialist’s ability to continue

Bedding manufacturer and retailer Select Comfort reported a fourth-quarter net loss of $57.4 million and said its auditor has issued a qualified opinion on its 2008 financial statement that questions the company’s ability to continue as going concern.

The producer of airbeds and related accessories said its sales . . . → Read More: Select Comfort Loses $57.4 Million in Fourth Quarter