Buoyed by its recent acquisition of case goods and upholstery resource Home Meridian, Hooker Furniture (NASDAQ:HOFT) said sales more than doubled in the quarter ended Oct. 30, while net income jumped nearly 40% to $6.46 million or 56 cents per share.
La-Z-Boy (LZB) announced it has agreed to acquire the license for the La-Z-Boy brand in the United Kingdom and Ireland, and also said it has completed the purchase of nine La-Z-Boy Furniture Galleries retail stores from an independent dealer in northeastern Pennsylvania.
Interactive Health Inc., parent company of ergonomic seating resource Human Touch, has acquired Relax The Back, a chain of about 100 retail stores that specialize in back and neck care products.
Specialized furniture carrier SunBelt Xpress has acquired Northwest Furniture Express, which services furniture accounts in the Pacific Northwest and parts of western Canada.
Casegoods and upholstery manufacturer and distributor Whitewood Inds. has acquired the High Point Market showroom building 215 South Main St., where it has maintained a showroom since 2000.
Logistics giant XPO Logistics (XPO), whose clients include numerous furniture manufacturers and retailers, announced it has sold its truckload carrier operations to TransForce Inc. (TFI) for $558 million in cash.
Danish furniture producer Unique Furniture A/S, which acquired home office furniture resource Jesper Office in August, said it has halted efforts to use the Jesper Office name on a portion of its line, and has decided to use the Unique Furniture brand for its entire line.