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From Home Furnishing Business

Hayneedle.com to Open Third Fulfillment Center

Hayneedle.com, an online retailer of indoor and outdoor home furnishings and décor, said it is expanding its operations in Monroe, Ohio, with a new 994,000-square-foot fulfillment center to continue to position itself for long-term, strategic growth.

Simple Finance Changes Name to Acima Credit

Simple Finance, an underwriter of lease-purchase agreements that has numerous retail furniture stores as clients, has changed its name to Acima Credit.

FastFact: Furniture Store Sales Rise Just 1.3% in Third Quarter

Furniture store sales edged up 1.3% in the third quarter, well below the increases for the first two quarters of 2016, according to data from Impact Consulting Services, parent company of Home Furnishings Business.

Tempur Sealy to Pull Products Out of Mattress Firm Stores

Tempur Sealy International (NYSE: TPX) said Monday it has terminated its contract to supply bedding to Mattress Firm, its largest retail customer, and said the company’s products will be out of Mattress Firm stores by the end of the first quarter.

Eulberg Named to Top Sales Post at Oak Furniture West

Oak Furniture West, a producer of home entertainment, youth and accent furniture, has named Karl Eulberg vice president of sales and marketing.

Report: Van Elslander to Remain Active in New Business, Foundation

Art Van Elslander doesn’t plan to get back in the furniture business, but the founder of Art Van Furniture plans to remain active in new for-profit and not-for-profit ventures, according to a story in Crain’s Detroit Business

HH Gregg Loss More Than Doubles as Sales Fall 23.7%

Struggling retailer HH Gregg (NYSE: HGG) said its net loss more than doubled in the quarter ended Dec. 31 as sales fell 23.7% to $452.8 million.

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