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From Home Furnishing Business

Fast Fact: Brick and Mortar E-commerce, 1% of Total Sales

While the success of online retailing among brick and mortar merchants has increased over the years, the e-commerce sales comparison remains vast between brick and mortar stores and pure e-commerce retailers, according to data from the U.S. Census Bureau and the proprietary market model from Impact Consulting, parent company of Home Furnishings Business.

Latexco Expands, Relocates Western Production

Latex foam producer Latexco US has announced it will relocate and double its Western U.S. production center.

Paccione Joins Bob’s Discount as VP of Merchandising

Bob’s Discount Furniture has announced Tracy Paccione as the company’s new vice president of merchandising.

Ashley Furniture Honored by Wisconsin Rural Schools Alliance

Ashley Furniture Inds. was honored by the Wisconsin Rural Schools Alliance (WiRSA) at the annual Rural Schools Conference on Oct. 29., receiving the 2018 Wisconsin Rural Business Partner Award. 

XPO Announces 4 New Tech Initiatives, LTL Optimization

Logistics giant XPO Logistics, Inc. (NYSE: XPO) has announced its four new technology initiatives at the core of its LTL 2.0 optimization plan.

Leggett & Platt to Acquire Elite Comfort Solutions, Specialty Foam Producer

Leggett & Platt (NYSE: LEG), a major supplier of furniture and bedding components, has announced that it has entered into a definitive agreement to acquire Elite Comfort Solutions, Inc. (ECS) for $1.25 billion in cash.

Aaron’s, Directors Approve 16.7% Dividend Hike

Directors of rent-to-own major Aaron’s Inc. (NYSE: AAN) have increased the quarterly cash dividend by 16.7 percent to 3.5 cents per share.

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