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From Home Furnishing Business

FastFact: Q3 Furniture, Bedding Sales Rise 4.1 Percent

Furniture and bedding sales were up 4.11 percent in the third quarter to $25.42 billion, according to the proprietary industry sales model developed by Impact Consulting, parent company of Home Furnishings Business.

Theodore Alexander Hires Doris Phua as CEO

High-end furniture producer Theodore Alexander has named Doris Phua as its new CEO.

AHFA Supports House Bill to Adopt National Flammability Rules

The American Home Furnishings Alliance has thrown its support behind a bill in the U.S. House that would require the Consumer Product Safety Commission to adopt California’s upholstery flammability standard as the federal flammability standard.

Popular Hotel Promotion Returns for Vegas Winter Market

Las Vegas Market said its popular “Book the Block” promotion, which encourages market attendees to book hotel rooms through its official housing partner, is returning for the upcoming Winter Market.

Rent-A-Center Gets $690M Buyout Offer from Buddy’s Owner

Vintage Capital, the majority owner of rent-to-own operator Buddy’s Home Furnishings, offered to buy struggling Rent-A-Center (NASDAQ: RCII) today for $13 a share.

Delgaudio Gets Visual Merchandising Post at Marge Carson

Michael Delgaudio, a veteran high-end furniture visual merchandising executive, has joined luxury brand Marge Carson in the new position of creative director.

Customatic Hires Former Twin-Star Exec for New EVP Post

Customatic Adjustable Bedz has named home furnishings industry veteran Andrew Bandremer to the newly created position of executive vice president of new channel sales and sourcing.

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