February 13,
2018 by Larry Thomas in Business Strategy, Industry
Chinese e-commerce giant Alibaba said it plans to take a 15% stake in Easyhome, a Chinese furniture retailer that has 229 stores throughout the country.
February 13,
2018 by Larry Thomas in Community / Charitable Support, Industry
Gift For Life, the sole charitable organization for the gift and home industries, raised more than $225,000 for Aids treatment and prevention at its annual “Party for Life” in New York City.
February 13,
2018 by Larry Thomas in Economic News, Industry, Legal
Home Furnishings Resource Group, a supplier of furniture used in college dormitories, has agreed to pay $500,000 to settle claims that it made false statements on customs documents to avoid paying anti-dumping duties on bedroom furniture imported from China.
February 12,
2018 by Larry Thomas in Economic News, Industry
Mattress industry sales totaled $3.69 billion in the fourth quarter, a 5.3 percent jump over the same quarter in 2016, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.
February 12,
2018 by Larry Thomas in Industry, Obituaries
Kathi Cunningham, a longtime furniture industry sales executive and a founding member of WithIt, died Feb. 6 from complications from the flu.
February 12,
2018 by Larry Thomas in Business Strategy, Industry
Target (NYSE: TGT) has expanded its partnership with online mattress powerhouse Casper by introducing an exclusive Casper mattress that will be sold in select Target stores and on the retailer’s website.
February 12,
2018 by Larry Thomas in Business Strategy, Industry
Kim Yost, CEO of Art Van Furniture, will be keynote speaker at the annual conference of the International Furniture Transportation and Logistics Council, which is scheduled for May 9-11 in Fort Lauderdale, Fla.