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From Home Furnishing Business

LTL, Last-Mile Businesses Help XPO Record Q1 Profit

Logistics and transportation giant XPO Logistics (NYSE: XPO), a major player in furniture transportation and last-mile delivery, recorded a profit of $21.3 million or 16 cents per share in the first quarter, reversing a net loss in last year’s first quarter.

Beautyrest, Mattress Firm to Operate Lounge at Kentucky Derby

Simmons Beautyrest and Mattress Firm are joining forces at this weekend’s Kentucky Derby festivities to create the Black Diamond Lounge, which will provide fans with neck and shoulder massages, shoe shines and refreshments to help visitors beat the heat.

Furniture Foundation Awards 4 Education, Training Grants

The Furniture Foundation, a research and education fund administered by the American Home Furnishings Alliance, announced it has awarded grants totaling nearly $75,000 that will benefit education programs targeting rising furniture designers, factory workers and front-line manufacturing management personnel.

Survey Says: Furniture Factory Orders Up 4% in February

Furniture factory orders in February increased 4% over the same month in 2016 as the industry appeared to rebound from a flat January, according to the latest Furniture Insights survey.

IMAB America Names O’Quinn to Oversee Key Accounts

Ward O'Quinn, a 30-year home furnishings industry veteran, has joined IMAB America, where he will serve in a sales and product advisory role focusing on key accounts for the company’s My Youth line.

Customatic to Launch Marketing Effort for Charitable Causes

Adjustable bed and sleep products manufacturer Customatic has developed a marketing program designed to build awareness for its retail and distribution partners’ charitable causes sponsored throughout their communities.

Symbol Mattress Touts New Brand with NASCAR Sponsorship

The climate-controlled SleepFresh bedding brand launched earlier this year by Symbol Mattress raised its profile in April as the primary sponsor of the No. 51 car in the past two NASCAR Monster Energy Cup races.

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