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From Home Furnishing Business

New Jersey, Indiana Retailers Join Furniture First

Berk’s Furniture & Mattress in Hackettstown, N.J., and Dean Bosler’s Furniture and Mattress Showrooms in Evansville, Ind., are the newest members of the Furniture First national buying group.

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.

Ashburn, Tatum Get Key Posts at Heritage Sleep

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.

Z Gallerie Sets New Warehouse, Customer Service Center in Georgia

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.

IMC Names Janice Lassiter to Home Décor Leasing Post

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.

La-Z-Boy to Invest $26 Million in Tennessee Factory Upgrades

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.

Simple Finance Changes Name to Acima Credit

Simple Finance, an underwriter of lease-purchase agreements that has numerous retail furniture stores as clients, has changed its name to Acima Credit.

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