Daily News
From Home Furnishing Business
February 9,
2017 by Larry Thomas in Bedding, Business Strategy, Industry, Product 
Bedding producer Tempur Sealy International (NYSE: TPX), whose stock price has been hammered since it announced last week it no longer would sell products to Mattress Firm, said its board of directors has approved a stockholder rights plan to protect the company against hostile takeover bids.
February 8,
2017 by Larry Thomas in Business Strategy, Industry
Heritage Sleep Concepts, the Southeastern licensee for mattress brands Eclipse International and Eastman House, has added industry veteran and its Executive Vice President of Sales Bob Ashburn to its board of directors.
February 7,
2017 by Larry Thomas in Business Strategy, Industry
Retailer Z Gallerie said it will build a 225,000 square-foot distribution center and customer service center in Lithia Springs, Ga., to service its stores in the southeastern United States and support future growth.
February 7,
2017 by Larry Thomas in Business Strategy, Industry
International Market Centers, owner of the World Market Center in Las Vegas and several major High Point Market showroom properties, has hired home furnishings industry veteran Janice Lassiter as director of home décor leasing.
February 3,
2017 by Larry Thomas in Business Strategy, Industry
La-Z-Boy (NYSE: LZB) said it will invest about $26 million in its Dayton, Tenn., factory over the next three years, building a new Innovation Center and making a variety of upgrades and renovations to the 44-year-old facility.
January 31,
2017 by Larry Thomas in Business Strategy, Industry
Simple Finance, an underwriter of lease-purchase agreements that has numerous retail furniture stores as clients, has changed its name to Acima Credit.
January 30,
2017 by Larry Thomas in Business Strategy, Industry
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.