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From Home Furnishing Business

Cory’s Joe Cory Sr., 76, Dies

Joe Cory Sr., chairman of Cory First Choice Home Delivery, has died following an illness. He was 76 years old.

Feizy Donates $15K to Earthquake Relief

Following last week’s 7.8 magnitude earthquake in Nepal, rug supplier Feizy has donated $15,000 to the Global Fund for Children for aid relief.

Tempur Sealy 1Q Sales Climb; Income Drops

Bedding supplier Tempur Sealy International (NYSE: TPX) reported net income of $23.4 million for the first quarter ended March 31, a 14.6 percent decline from net income of $27.4 million in the same quarter last year.

2 Other Groups Back Tempur Sealy CEO Ouster

Two other groups have jumped in to support an activist investor’s push to oust the CEO and two board members from Tempur Sealy International’s (NYSE: TPX) team.

IMC Prices IPO Shares at $12 to $14

Furniture showroom owner International Market Centers has priced shares for its initial public stock offering between $12 and $14.

Port Truck Drivers Walk off Job

Truck drivers responsible for moving product from the Los Angeles port system walked offer the job Monday to dispute their wages and employment status.

Ikea Names Manager for St. Louis Store

Home furnishings retailer Ikea has named John Achillea as manager of its St. Louis store set to open this fall.

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