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From Home Furnishing Business

2 Other Groups Back Tempur Sealy CEO Ouster

Two other groups have jumped in to support an activist investor’s push to oust the CEO and two board members from Tempur Sealy International’s (NYSE: TPX) team.

IMC Prices IPO Shares at $12 to $14

Furniture showroom owner International Market Centers has priced shares for its initial public stock offering between $12 and $14.

Port Truck Drivers Walk off Job

Truck drivers responsible for moving product from the Los Angeles port system walked offer the job Monday to dispute their wages and employment status.


Ikea Names Manager for St. Louis Store

Home furnishings retailer Ikea has named John Achillea as manager of its St. Louis store set to open this fall.


Craftmaster Furniture Redesigns Website

Upholstery supplier Craftmaster Furniture has redesigned its website.

 

FastFact: Population Shifts Predicted through 2025

Over the next five years, the Millennial generation—15-to-24 year olds—will age beyond the youngest group of future furniture purchasers.

GoodWeave Sets Up Earthquake Relief

GoodWeave, the international nonprofit organization that works to stop child labor in the carpet industry, has established an emergency fund to assist in the wake of the 7.8 magnitude earthquake Saturday in Nepal.

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