Product that tells our story
Shares of Bob’s Discount Furniture barely budged on the New York Stock Exchange on Thursday after the company priced its initial public offering at $17 per share. That price was within Bob’s expected range of $17 to $19 per share and valued the company at about $2.22 billion. The stock, trading on the NYSE under […]
Shares in home furnishing retailers jumped Friday after President Trump announced a one-year pause on higher tariffs on upholstered furniture, kitchen cabinets and vanities. Luxury furniture retailer RH rose 9.5% and online retailer Wayfair jumped 6.3%. Stock for Williams-Sonoma, which sells kitchenware and home decor, increased 5.3%. President Trump unveiling his tariffs based on the […]
President Trump announced Friday that his administration is investigating imported furniture for potential tariffs, sending shares of major home goods companies tumbling in after-hours trading. Trump said the probe would be wrapped up within 50 days, after which furniture imports would face duties at rates “yet to be determined.” “This will bring the Furniture Business […]
The president of iconic New England store Jordan’s Furniture is giving up his seat at the head of the table. Eliot Tatelman, the self-described Jordan’s mascot forever ingrained in New Englanders’ memories with his quirky commercials and wild giveaways, announced that he’s stepping down from the company and handing the reins over to his two […]
