February 17,
2017 by Larry Thomas in Financial Reports, Industry
Despite the strong performance of its Progressive Finance business, lease-to-own major Aaron’s Inc. (NYSE: AAN) said fourth-quarter revenues slipped 3.2% to $795 million and profits were essentially even with the previous year’s fourth quarter.
February 17,
2017 by Larry Thomas in Financial Reports, Industry
Stanley Furniture (NASDAQ: STLY) said it has been notified by the NASDAQ Stock Market that is shares could be de-listed because the price has been below $1 per share for more than 30 consecutive business days.
February 16,
2017 by Larry Thomas in Acquisition, Industry
Samson Holding Company, parent company of Universal Furniture, Legacy Classic and Craftmaster, has agreed to acquire high-end brands Baker, Milling Road and McGuire from Kohler Co.
February 16,
2017 by Larry Thomas in Bedding, Financial Reports, Industry, Product
Bedding major Tempur Sealy International (NYSE: TPX) recorded a fourth-quarter profit of $63.4 million or $1.12 per share as sales crept up 0.3%.
February 16,
2017 by Larry Thomas in Acquisition, Industry
Upholstery and case goods resource Klaussner Home Furnishings has been acquired by the private equity firm Monomoy Capital Partners in a deal the company said will benefit both its employees and retail dealers.
February 16,
2017 by Larry Thomas in Industry, Store Openings
Retailer Boston Interiors said it will open a new store later this year in Bedford, N.H.
February 16,
2017 by Larry Thomas in Bedding, Executive Changes, Industry, Mattresses, Product
Bedding retailer Mattress Firm has hired marketing veteran Sicily Dickenson as chief marketing officer.