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Culp Ends Effort to Buy Chinese Mattress Fabrics Business

Fabric producer Culp Inc. (NYSE: CULP) said its proposed acquisition of a mattress fabrics business in China will not be completed because the company was unable to reach a definitive agreement for the deal.

E.S. Kluft Restructures Sales Team, Promotes Four

Upper-end mattress producer E.S. Kluft & Co. has promoted four veteran members of its sales team as part of a re-organization of the department.

More Than 500 Exhibitors Sign Up for Expanded Vegas Temp Space

Las Vegas Market officials said they expect its three Pavilions to be home to temporary exhibits from more than 500 gift and home décor resources as part of a significant expansion of its temporary exhibit area.

Nationwide, Mega Join Forces to Create Largest Buying Group

Influential buying groups Nationwide Marketing Group and Mega Group USA announced a merger this week, creating an organization with more than 5,300 independent retail members with combined revenues of about $18.5 billion.

Conn’s Projects Same-Store Sales Decline Due to Hurricane

Retailer Conn’s Inc. (NASDAQ: CONN), which is based in the Houston suburb of The Woodlands, Texas, and has numerous stores in the state, said same-store sales for the quarter ending Oct. 31 are likely to be down 5% to 9% due to the impact of Hurricane Harvey.

Reservations Open for ARTS Awards Gala

Dallas Market Center and ART, the creative home furnishings network, announced that reservations are now open for the annual ARTS Awards gala, which takes place Jan. 19 during the Dallas Total Home & Gift Market.

Simmons Launches Promotion for Sleeptracker Monitors

Simmons has launched a promotion tied to its new Beautyrest Sleeptracker monitor that offers consumers a free monitor with the purchase of select Beautyrest mattresses.

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