Kathy Ireland Home by Martin Furniture IMSO570, IMSO572 The Southampton Cottage Collection of office and entertainment furniture features beautiful hand rubbed finishes on hardwood solids and veneers. The onyx collection features a distressed black lava finish with oak tops. These pieces truly stand out in a room and also are perfect for a home [...]

Sealy Corporation (NYSE: ZZ – News), the largest bedding manufacturer in the world, today announced results for its third quarter of fiscal 2008.
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Net sales for the fiscal quarter ended August 31, 2008 decreased 9.3% to $405.0 million compared to the same period in the prior year. Net income for the third quarter was $10.9 million [...]

Home furnishings retailer Haverty Furniture Cos. said Thursday its same-store sales edged down 0.4 percent in February.
Same-store sales, or sales at stores open at least a year, is a key indicator of retailer performance since it measures growth at existing stores rather than newly opened ones.
Total sales for the period ended Feb. 29 rose 3 [...]

Home furnishing retailer Ethan Allen Interiors Inc. said Wednesday its same-store sales in July rose slightly as June trends in consumer spending continued to affect the company.
Ethan Allen Chief Executive Farooq Kathwari said same-store sales, or sales at stores open at least a year, were up “modestly” in July.
“Our retail written sales on a comparable [...]

New Furniture Orders
According to our recent survey of residential furniture manufacturers and distributors, new orders in February 2007 were 4 percent below February 2006 levels following a 7 percent decline in January and a 6 percent decline in December, both compared to the prior year results. February orders were 8 percent higher than January orders. [...]

Home furnishings retailer Haverty Furniture Cos. said Thursday its sales at stores open at least one year, known as same-store sales, fell 12.9 percent in February.
Same-store sales are considered a key measure of retail performance.
Total sales for the month ending Feb. 28 fell 10.9 percent to $60.1 million from $67.5 million a year ago.

Hooker Furniture gave up its last holdout against imports Wednesday, announcing its one remaining wood furniture plant will close in March.
Hooker will become fully focused on marketing the imported furniture that wiped out demand for the products its factories once made.
The plant’s 280 employees will receive severance packages but no offers of employment with Hooker’s [...]

The slowdown in the housing market is reaching well beyond the nation’s homebuilders — in the past few months, several furniture makers and retailers have cut their forecasts.
Earlier this month, St. Louis-based Furniture Brands International Inc. forecast a fourth-quarter loss with sales falling in the mid-single digits. Stanley Furniture Co., which cut about 200 jobs [...]

Shares in South African furniture retailer Lewis rallied on Tuesday after it posted upbeat results and made positive comments about the outlook for the sector on Monday.
Lewis leapt 6 percent to 61.48 rand, before paring gains to 60 rand, up 3.4 percent, by 1228 GMT. Rival Ellerine rose 2.4 percent to 76.46 rand. The JSE [...]

Luxury consumers’ confidence rose at the close of the third quarter, as measured by Unity Marketing’s Luxury Consumption Index which reached 103.3 points, up from 99.2 at the end of second quarter. But luxury consumers’ spending on luxury didn’t match their rise in confidence. This according to the latest result of Unity Marketing’s Luxury Tracking [...]