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From Home Furnishing Business

Importer Pays $500K to Settle Charges It Evaded Duties

Home Furnishings Resource Group, a supplier of furniture used in college dormitories, has agreed to pay $500,000 to settle claims that it made false statements on customs documents to avoid paying anti-dumping duties on bedroom furniture imported from China.

FastFact: Mattress Industry Sales Jump 5.3% in Q4

Mattress industry sales totaled $3.69 billion in the fourth quarter, a 5.3 percent jump over the same quarter in 2016, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.

Kathi Cunningham, Sales Exec and WithIt Founding Member, Dies

Kathi Cunningham, a longtime furniture industry sales executive and a founding member of WithIt, died Feb. 6 from complications from the flu.

Casper Launches Exclusive Mattress at Target

Target (NYSE: TGT) has expanded its partnership with online mattress powerhouse Casper by introducing an exclusive Casper mattress that will be sold in select Target stores and on the retailer’s website.

Art Van CEO to Keynote Logistics Conference

Kim Yost, CEO of Art Van Furniture, will be keynote speaker at the annual conference of the International Furniture Transportation and Logistics Council, which is scheduled for May 9-11 in Fort Lauderdale, Fla.

Former American Signature Exec Takes Post at Big Lots

Stephen Haffer, a longtime executive at furniture retailer American Signature, has been named senior vice president and chief customer officer at Big Lots (NYSE: BIG).

Jordan’s Partners with Red Sox for Youth Baseball Donations

Jordan’s Furniture has begun accepting donations of new and like-new baseball and softball equipment that will be distributed to inner-city youth.