10.3% Profit Jump for IKEA

Swedish retailer Ikea said worldwide sales increased 6.9% in the fiscal year ended Aug. 31, while profits jumped 10.3% despite higher raw materials costs.

The privately held retailer said worldwide sales totaled 24.7 billion euros, equivalent to about $31.9 billion. Total revenues, which include sales and rental income from commercial properties, were 25.2 billion euros, . . . → Read More: 10.3% Profit Jump for IKEA

Ethan Allen refurnishes 2 homes destroyed by tornados

JOPLIN, Mo. — Ethan Allen Interiors played a big part in the television show Extreme Makeover’s largest build ever by providing furnishings and accessories for seven homes destroyed by tornados last year.

Danbury Patch.com in Danbury, Conn., Ethan Allen’s headquarters, said the makeover, which included seven homes built in seven days, was aired Friday on . . . → Read More: Ethan Allen refurnishes 2 homes destroyed by tornados

AshleySleep Donates 1300 Mattresses to Military Families

AshleySleep, a division of Ashley Furniture here, is showing its appreciation for military families across the nation by donating 1,300 AshleySleep mattresses to Operation Homefront for distribution to families in need of bedding.

The mattresses, with a retail value of about $1 million, also will be used to upgrade bedding in the three Operation . . . → Read More: AshleySleep Donates 1300 Mattresses to Military Families