May 9,
2017 by Larry Thomas in Economic News, Industry
E-commerce powerhouse Wayfair (NYSE: W) said revenues shot up 28.6% to $960.8 million in the first quarter, but the retailer’s net loss widened to $56.5 million.
May 9,
2017 by Larry Thomas in Advertising, Bedding, Industry, Product
Tennis icon Serena Williams has been hired by Tempur-Pedic as a spokeswoman for the latest installment of the mattress brand’s “Tempur-Pedic is Power” campaign.
May 9,
2017 by Larry Thomas in Business Strategy, Industry
Russell Batson, a former executive with the American Home Furnishings Alliance, has been named associate director of the Polyurethane Foam Assn.
May 9,
2017 by Larry Thomas in Industry, Special Events
Rent-to-own major Rent-A-Center (NASDAQ: RCII) has awarded $60,000 in scholarships to high school and undergraduate students across the country as part of its Make-A-Difference Scholarship Program.
May 9,
2017 by Larry Thomas in Designer Weekly, Industry, Las Vegas, Market, Special Events
Las Vegas Market announced that a lineup of trend forecasters and thought-leaders will present information-rich and industry-relevant content at the Summer Market, which takes place July 30-August 3.
May 8,
2017 by Larry Thomas in Economic News, Furniture, Industry
The mattress industry continued its slow growth pattern in the first quarter, as sales were 2.4% ahead of the first quarter of last year, according to data compiled by Impact Consulting Services, parent company of Home Furnishings Business.
May 8,
2017 by Larry Thomas in Industry, Store Openings
Big Sandy Superstores plans to open two additional locations in central Ohio later this year, boosting the retailer’s presence in the Columbus, Ohio area.