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From Home Furnishing Business

Report: Target Offered to Buy Casper for $1 Billion

Target (NYSE: TGT) offered to buy online mattress powerhouse Casper for $1 billion, but will likely wind up as the lead investor in a new round of funding for the white-hot startup in the next few weeks, according to a report on the technology website Recode.

RH Forms Technology Unit, Hires Chief Technology Officer

Restoration Hardware (NYSE: RH) said it is forming a technology company to boost its digital platform and has named Prakash Muppirala president of the new business unit, RH Innovations.

England Completes Rebranding with New Logo, POP Materials

Upholstery producer England Furniture has completed a rebranding that includes a new logo, updated website, and new point-of-purchase signage.

La-Z-Boy Reorganizes Senior Management Team

La-Z-Boy (NYSE: LZB) has reorganized its senior leadership team and given new responsibilities to Douglas Collier, Darrell Edwards and Daniel King.

FFD Converts to Water-Based, Stain-Resistant Finish

Fine Furniture Design said it has fully converted the finish line in its Shanghai factory to water-based finishes that are environmentally friendly and more durable.

Restonic Sleep Survey Garnering National Attention

Mattress producer Restonic said its recent national consumer Sleep Survey has generated more than 135 million earned media impressions nationally and is being further promoted with a mattress giveaway on Restonic’s trademarked SleepBlog.

Stanley Stock Back in Compliance with NASDAQ Rules

The NASDAQ stock market has notified Stanley Furniture (NASDAQ: STLY) that its stock is now in compliance with NASDAQ rules and won’t be subject to de-listing.

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