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From Home Furnishing Business

Kimball to Acquire David Edward

Office furniture producer Kimball, a subsidiary of Kimball International, Inc. (NASDAQ: KBAL) has announced the pending acquisition of David Edward.

Overstock.com Names 3 New Executives

E-commerce heavyweight Overstock.com (NASDAQ: OSTK) has announced the addition of three new executives to its retail leadership team.

PB Teen Debuts PlayStation Gaming Lounge

PBteen, a member of the Williams-Sonoma, Inc. (NYSE: WSM) portfolio of brands, and Sony Interactive Entertainment (SIE), has unveiled a PlayStation officially licensed collection of home furnishings and décor, designed for the ultimate home gaming lounge.

Gardner-White Keeps Tradition of Remaining Closed on Thanksgiving

Mich.-based retailer Gardner-White Furniture has announced it will continue to close all operations on Thanksgiving Day.

Fast Fact: E-commerce Growth Rate, Home Furnishings Surpass Furniture 

Data from the U.S. Census Bureau and the proprietary market model from Impact Consulting, parent company of Home Furnishings Business shows that the total furniture and bedding industry grew 3.9 percent last year. It is estimated that brick and mortar store sales of furniture grew only 2 percent while e-commerce furniture retailer sales grew 12.9 percent after peaking at 26 percent in 2015.

Casual Industry Veteran Terry Lail Dies

Terry Wayne Lail, owner of TWL Marketing and long-time associate of Agio, USA, passed away on Oct. 10 from injuries he sustained in an automobile accident in 2017. He was 66 years old.

XPO Logistics Named to Fortune Future 50 List

XPO Logistics, Inc. (NYSE: XPO), a major provider of freight forwarding, last-mile delivery services, trucking, and related logistics services, has been named to the Fortune Future 50 list of U.S. public companies best positioned for breakout growth.

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