December 20,
2012 by in UnCategorized
By Home Furnishings Business in Special Events on December 21, 2012
HFBusiness Now!, the daily newsletter of Home Furnishings Business magazine, is taking a holiday through Boxing Day, Dec. 26.
We'll resume publishing on Thursday, Dec. 27.
We at Home Furnishings Business wish you and yours a safe and happy holiday next week.
December 19,
2012 by in UnCategorized
By Aggregated Content in Furniture Retailing on December 20, 2012
from https://newsdesk4.moreover.com/click/?p=Qy83ODMzNDIxNjA5Jm49TkFQQ08&a=MTI4MTg5NDkyNDU&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=S0FVWg&d=1989&t=1
A small fire has temporarily closed an Ashley Furniture Homestore in Wichita Falls, Texas.
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December 19,
2012 by in UnCategorized
By Aggregated Content in Community/Charitable Support on December 20, 2012
from https://newsdesk4.moreover.com/click/?p=Qy83ODMxMDEzNDA5Jm49TkFQQ08&a=MTI4MTUyMzI2MDY&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=TWFyc2hmaWVsZCBOZXdzIEhlcmFsZA&d=1989&t=1
Slumberland Furniture in Stevens Point and Rib Mountain, Wis., gave out mattresses, box springs and frames to needy people Wednesday.
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December 19,
2012 by in UnCategorized
By Home Furnishings Business in Las Vegas on December 20, 2012
Home Furnishings Business has extended its deadline for accepting product photography for the upcoming Las Vegas Market Jan. 28-Feb. 1.
To participate, send high-resolution images by Jan. 2 to Sheila Long O'Mara, editor in chief.
Be sure to include company name, product name, Las Vegas showroom location and Web site address.
The photography will be included in our January issue that will be distributed at the Market.
December 19,
2012 by in UnCategorized
By Home Furnishings Business in Bedding on December 20, 2012
Bedding supplier Tempur-Pedic (NYSE: TPX) has completed its offering of $375 million aggregate principal amount of 6.875% senior notes due 2020.
The notes are general unsecured senior obligations of Tempur-Pedic and are guaranteed on a senior unsecured basis by certain of Tempur-Pedic's subsidiaries. The notes will pay interest semi-annually on June 15 and Dec. 15 of each year beginning June 15. The notes will mature Dec. 15, 2020.
Net proceeds of this offering will be approximately $366 million after payment of offering and other related expenses. Tempur-Pedic expects to use the net proceeds of the offering, together with cash on hand and borrowings under new senior secured credit facilities entered into by Tempur-Pedic, to finance the purchase of Sealy Corp. (NYSE: ZZ) and to pay related fees and expenses. The total proceeds from the sale of the notes were placed in escrow pending release upon receipt of regulatory approvals and the satisfaction of other conditions to the completion of the Sealy acquisition.