February 21,
2017 by Larry Thomas in Executive Changes, Industry
Jay Spenchian, chief marketing officer at Tempur Sealy International (NYSE: TPX), is leaving the company on Feb. 28, the bedding producer said in a Securities and Exchange Commission filing.
February 21,
2017 by Larry Thomas in Business Strategy, Industry
Acceptance Now, a Rent-A-Center division that operates rent-to-own kiosks within third-party retail outlets, has signed an agreement with Rooms To Go, and will become the furniture retailer’s exclusive no-credit-needed payment option next month.
February 20,
2017 by Larry Thomas in Economic News, Industry
A slight drop in existing home sales in the third quarter was more than offset by a 23.1% gain in sales if new single-family homes, according to data from the National Association of Realtors.
February 20,
2017 by Larry Thomas in Industry, Store Openings
Bassett Furniture Inds. (NASDAQ: BSET) has opened a new retail store in Garden City, N.Y., the company’s 10th Bassett Home Furnishings store in the New York City market and one of at least four new retail stores planned for 2017.
February 20,
2017 by Larry Thomas in Bedding, Business Strategy, Industry, Mattresses, Product
Reverie, a producer of adjustable beds, mattresses and pillows, said it will open an Innovation Center in the Greater Buffalo, N.Y., area later this year that will serve as the central production facility for its adjustable power bases.
February 20,
2017 by Larry Thomas in Business Strategy, High Point, Industry, Market
The High Point Market Authority has again partnered with Soft Design Lab for the development of a new buyer tour for Spring Market, April 22-26.
February 17,
2017 by Larry Thomas in Business Strategy, Industry
Retailer Furniture Row, which focuses on promotional to middle price points at its more than 330 locations in 31 states, will soon open a 170,000-square foot store in its hometown of Denver that specializes in upper-end goods.