November 2,
2017 by Larry Thomas in Financial Reports, Industry
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.
November 2,
2017 by Larry Thomas in Business Strategy, Industry
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.
November 2,
2017 by Larry Thomas in Financial Reports, Industry
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.
November 1,
2017 by Larry Thomas in Economic News, Industry
Havertys (NYSE: HVT) said third-quarter profits tumbled more than 23% to $5.98 million or 28 cents per share due largely to disruptions from Hurricane Irma.
November 1,
2017 by Larry Thomas in Executive Changes, Industry
Universal Furniture has promoted Chris De Lisa, the company’s sales representative in the New York/New Jersey/Connecticut area since 2011, to vice president of sales for the West Coast region.
November 1,
2017 by Larry Thomas in Community / Charitable Support, Industry
The Texas-based Children At Risk Foundation has honored Mattress Firm President and CEO Ken Murphy with its Accolades Award to recognize the work the retailer has done with foster children.
November 1,
2017 by Larry Thomas in Community / Charitable Support, Industry
An art auction organized by bedding accessories producer Malouf raised $41,314 for the Citizens Against Physical and Sexual Abuse.