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From Home Furnishing Business

Ikea Breaks Ground on New Distribution Center in Montreal

Ikea is breaking ground on a new distribution center in Montreal that will service both the United States and Canada.

King Koil Enters Vietnam Market with New Licensee

Mattress manufacturer King Koil has signed a license agreement with Everpia JSC, headquartered in Hanoi, Vietnam, to manufacture, distribute, and sell King Koil products throughout Vietnam.

Kimball’s Van Winkle Appointed President of BIFMA

Don Van Winkle, president and COO of Kimball International, Inc., has been appointed board president of the Business and Institutional Furniture Manufacturers Association (BIFMA).

Womack Named Malouf’s Sales Director of Latin America

Utah-based bedding accessories maker Malouf announced that the company has hired Aaron Womack as sales director of Latin America.

AMP Welcomes Costa as New Customer Service Specialist

Michael Costa has joined AMP, a software provider for the furniture industry, as their new customer service specialist.

Vintage Capital to Acquire Rent-A-Center

Rent-A-Center, Inc. (NASDAQ/NGS:RCII) announced that it has entered into a definitive agreement with Vintage Rodeo Parent, LLC, an affiliate of Vintage Capital Management, LLC. Vintage will acquire all of the outstanding shares of Rent-A-Center common stock for $15 per share in cash.

Las Vegas Market Expands Non-Profit Retail Symposium

Las Vegas Market is expanding its successful Non-Profit Retail Symposium—an ongoing partnership program with the Museum Store Association (MSA) and Zoo & Aquarium Buyers Group (ZAG)—to present a special range of programming and events geared to the unique needs and interests of non-profit retailers during the Summer 2018 Las Vegas Market, July 29-Aug. 2.

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