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From Home Furnishing Business

Matt Firm Sales Jump 48%, But Interest, Acquisition Costs Lead to Net Loss

Mattress Firm (MFRM) said sales shot up more than 48% to $980 million in the quarter ended Aug. 2, but the specialty bedding retailer recorded a net loss of $2.2 million due to heavy interest expenses and costs related to its recent spate of acquisitions.

Acquisition Fuels Sales, Profit Growth at Hooker Furniture

Driven by its recently completed acquisition of Home Meridian, Hooker Furniture (HOFT) said sales more than doubled to $136.2 million in the quarter ended July 31.

Danish Furniture Producer Acquires Home Office Resource Jesper Office

Unique Furniture A/S, a producer of contemporary furniture based in Kolding, Denmark, said it has acquired Jesper Office, LLC., a resource for contemporary home office furniture.

Mattress Firm To Be Acquired by Steinhoff for $2.4 Billion Creating Largest Multi-Brand Mattress Retail Distribution Network

Mattress Firm Holding Corp. (NASDAQ: MFRM), the nation's largest mattress retailer, has announced that the they have entered into a definitive merger agreement, with South African furniture retailer Steinhoff International Holdings N.V. which will create the world’s largest multi-brand mattress retail distribution network.

Elk Group Aquires Stein World

Designer and manufacturer of indoor and outdoor residential and commercial lighting fixtures, decorative accessories and furniture, ELK Group International is pleased to announce the purchase of Memphis, Tennessee-based Stein World, one of the largest suppliers of accent and occasional furniture in North America.

Furniture Protection Connection and Onsite form ServeCo, Expanding Service Network

Furniture Protection Connection (FPC) is pleased to announce the acquisition of OnSite FabriCare.

Steinreich Communications Acquires Third Agency in a Year

Steinreich Communications Group, Inc, a fast growing public relations firm has acquired Kenwerks, its third agency in the past 12 months, following its purchase of travel and tourism agency Montgomery Communications and home furnishings firm McNeill Communications.

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