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From Home Furnishing Business

Customatic Hires Former Twin-Star Exec for New EVP Post

Customatic Adjustable Bedz has named home furnishings industry veteran Andrew Bandremer to the newly created position of executive vice president of new channel sales and sourcing.

Bassett Opens First Club Level Motion Upholstery Pavilions

Bassett Furniture Inds. (NASDAQ: BSET) has opened its first six Club Level Pavilions, a new gallery program for retail stores dedicated to its Club Level motion upholstery lineup.

Dallas Expands One-of-a-Kind Products for January Market

As part of an expanded offering of one-of-a-kind products, Dallas Market Center is launching a new category in its temporary gift exhibit area for January’s Total Home and Gift Market.

Tempur Sealy Registers Double-Digit Sales, Profit Declines in Q3

Hampered by hurricanes in two of its largest markets and the loss of business to Mattress Firm, mattress producer Tempur Sealy International (NYSE: TPX) reported double-digit declines in sales and profits for the third quarter.

Wayfair Q3 Revenue Jumps 39%, but Loss Widens

Online powerhouse Wayfair (NYSE: W) said third-quarter revenue jumped more than 39% to $1.2 billion, but its net loss widened to $76.4 million or 88 cents per share.

Rothman Owner to Become Largest Art Van Franchisee

Rothman Furniture & Mattress, the St. Louis-based retailer that unexpectedly announced it was closing in September, said five of its locations will be converted to Art Van Furniture stores as part of a franchise agreement that will bring seven Art Van locations to the St. Louis market.

XPO Q3 Profits Soar on 4.7% Revenue Increase

Logistics provider XPO Logistics (NYSE: XPO) said third-quarter revenue rose 4.7% to $3.89 billion, while net income quadrupled to $62.5 million.

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