February 16,
2017 by Larry Thomas in Acquisition, Industry 
Upholstery and case goods resource Klaussner Home Furnishings has been acquired by the private equity firm Monomoy Capital Partners in a deal the company said will benefit both its employees and retail dealers.
February 16,
2017 by Larry Thomas in Industry, Store Openings
Retailer Boston Interiors said it will open a new store later this year in Bedford, N.H.
February 16,
2017 by Larry Thomas in Bedding, Executive Changes, Industry, Mattresses, Product
Bedding retailer Mattress Firm has hired marketing veteran Sicily Dickenson as chief marketing officer.
February 16,
2017 by Larry Thomas in Business Strategy, Industry
Troubled furniture, appliance and electronics retailer HH Gregg (NYSE: HGG) said it has retained a financial adviser and investment banker “to pursue a range of potential strategic and financial transactions” as it seeks to reverse recent losses and improve liquidity.
February 15,
2017 by Larry Thomas in Business Strategy, Financial Reports, Industry
An investment firm with a 12.9% stake in struggling Rent-A-Center (NASDAQ: RCII) is urging its board of directors to sell the company, and threatened to launch a proxy fight at this year’s annual meeting if the board doesn’t act quickly.
February 15,
2017 by Larry Thomas in Leather Upholstery, Product
Tampa, Fla.-based Kane’s Furniture has settled a class-action lawsuit involving customers who claimed the retailer failed to honor their warranty when their bonded leather upholstery peeled and cracked, according to a story in the Tampa Bay Times.
February 15,
2017 by Larry Thomas in Business Strategy, Industry
Retailer Williams-Sonoma (NYSE:WSM) signed a franchise agreement with Korean furniture manufacturer Hyundai Livart Furniture Co. to operate retail stores and an e-commerce business in South Korea.