December 12,
2017 by Larry Thomas in Business Strategy, Economic News, Industry 
Steinhoff International, (FRANKFURT: SNH) the South African furniture and retail conglomerate whose stock price collapsed last week in the wake of an accounting scandal, may have to sell some of its prized assets – including Mattress Firm – in order to make debt payments that are due in March, according to a Bloomberg News report.
December 12,
2017 by Larry Thomas in Business Strategy, Industry
Rapidly expanding Art Van Furniture, which recently acquired major retailers Levin Furniture and Wolf Furniture, has sold its mattress manufacturing company, Comfort Mattress, to Connecticut-based Blue Bell Mattress.
December 11,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
The southern and western states are the biggest beneficiaries when Americans move, as data from the U.S. Census Bureau shows the South and West had the greatest net increase in population from movers from 2015 to 2016.
December 11,
2017 by Larry Thomas in Business Strategy, Industry
Retailer Conn’s Inc. (NYSE: CONN) confirmed that it had made Serta Simmons Bedding its exclusive mattress supplier, ending a similar arrangement with Tempur Sealy International (NYSE: TPX).
December 8,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Stanley Furniture (NASDAQ: STLY), which recently agreed to sell substantially all of its assets to a Vietnam-based logistics firm, said longtime President and CEO Glenn Prillaman has resigned.
December 8,
2017 by Larry Thomas in Business Strategy, Designer Weekly, Industry
Pantone, the widely-watched color consulting firm and digital solutions provider, has named Ultra Violet as its Color of the Year for 2018.