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From Home Furnishing Business

Tempur Sealy Adopts Rights Plan in Wake of Stock Slide

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.

La-Z-Boy Recalls Lift Chairs Due to Faulty Power Supply

La-Z-Boy (NYSE:LZB) has recalled about 2,500 lift chairs due to a faulty power supply that could pose a shock hazard.

Mattress Veteran Scott Denton Named President of Dormeo

Bedding producer Dormeo N.A. has appointed mattress industry veteran Scott Denton as its new president.

Ikea Opens Largest North American Store in Burbank

Retail powerhouse Ikea has opened its newest and largest store in North America -- a 456,000-square-foot behemoth in Burbank, Calif.

Report: Former Sleepy’s Exec Claims He Was Bilked by Ponzi Scheme

Former Sleepy’s executive Adam Blank claims he lost more than $1.5 million in a Ponzi scheme involving tickets for the hit Broadway show “Hamilton” and other popular events, according to a story in USA Today.

Speakers Announced for ART + IDS First Annual Combined Conference

ART, the creative home furnishings network, and the Interior Design Society have announced the speaker lineup for their first annual ART + IDS combined conference set for May 18-21 in Scottsdale, Ariz.

Big Business for Dallas Total Home & Gift Market in January

Dallas Market Center has announced that strong attendance and increased order writing created strong momentum for its January 2017 Total Home & Gift Market which included more buyers from key regions, new buying groups, an increase in major stores, and more leading specialty stores throughout the Central U.S.

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