Daily News
From Home Furnishing Business
June 16,
2024 by HFBusiness Staff in Business Strategy, Industry 
A new survey from Saatva, the Smarter Luxury Sleep Company, finds that Millennials are sleeping longer, and better, than any other generation.
June 16,
2024 by HFBusiness Staff in Business Strategy, Industry
IKEA is introducing a strengthened climate agenda – Net Zero and Beyond – in line with the latest climate science. The Science Based Targets initiative (SBTi) has now verified the Inter IKEA Group net-zero science-based targets, which were set last year and cover the entire IKEA value chain. The Net Zero and Beyond climate agenda replaces the previous Climate Positive agenda.
June 13,
2024 by HFBusiness Staff in Business Strategy, Industry
RH released their fiscal results for the first quarter 2024. Chief Executive Officer and Chairman Gary Friedman commented to their shareholder, “We are pleased to report that our demand trends inflected positive in the first quarter and continue to build momentum despite operating in the most challenging housing market in three decades.”
June 13,
2024 by HFBusiness Staff in Business Strategy, Industry
The Lovesac Company. the home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, announced financial results for the first quarter of fiscal 2025, which ended May 5, 2024.
June 13,
2024 by HFBusiness Staff in Business Strategy, Industry
RXO, a leading provider of asset-light transportation solutions, won the Top Digital Freight Brokerage Software of the Year award from SupplyTech Breakthrough, a leading independent market intelligence organization. The recognition underscores RXO’s commitment to innovation and excellence in the industry through cutting-edge technology and providing customers with unique solutions.
June 13,
2024 by HFBusiness Staff in Business Strategy, Industry
Adven Group recalls Nap Queen Sleep Victoria Hybrid Mattresses due to fire hazard. The recalled mattresses violate mandatory federal flammability regulations for mattresses, posing a fire hazard to consumers.
June 13,
2024 by HFBusiness Staff in Business Strategy, Industry
Ingka Group, the largest IKEA retailer, strengthened climate targets for reducing greenhouse gas (GHG) emissions have been validated and approved by the Science Based Targets initiative (SBTi*). The company first set science-based climate targets in 2018 and have since then reduced their climate footprint by 24.3%** while increasing revenue by 30.9%, compared to the 2016 baseline. The updated targets are part of the IKEA strengthened climate ambition ‘Net Zero and Beyond’.