Daily News
From Home Furnishing Business
February 16,
2017 by Larry Thomas in Business Strategy, Industry
Troubled furniture, appliance and electronics retailer HH Gregg (NYSE: HGG) said it has retained a financial adviser and investment banker “to pursue a range of potential strategic and financial transactions” as it seeks to reverse recent losses and improve liquidity.
February 15,
2017 by Jane Chero in Designer Weekly, High Point, Industry, Market, Social Media, Special Events
The High Point Market Authority (HPMA) is once again teaming up with various design industry experts and exhibitors for its New Product Premiere program, intended to offer a sneak peak at new products being debuted at Spring Market, April 22-26.
February 15,
2017 by Jane Chero in Business Strategy, Designer Weekly, Industry
Ikea is creating a uniquely African line of goods in an effort to tap into the “creative explosion” happening across the continent right now.
February 15,
2017 by Jane Chero in Acquisition, Designer Weekly, Industry, Outdoor Furniture, Product
Littlejohn & Co., LLC, a private investment firm based in Greenwich, Conn., has completed the acquisition of Brown Jordan International, Inc., ("BJI") a leading manufacturer of indoor and outdoor furniture serving a variety of commercial and consumer markets.
February 15,
2017 by Jane Chero in Community / Charitable Support, Designer Weekly, Industry, Special Events
Gift for Life, the gift and home industries’ sole charitable organization, announced that its 25th Anniversary Party for Life fundraiser raised $225,000+ for AIDS treatment and prevention.
February 15,
2017 by Jane Chero in Designer Weekly, Green, Industry, Special Events
Wyoming interior design business Fusion Designed was one of five winners of the Sustainable Furnishing Council’s inaugural #GetYourGreenOn competition in January.
February 15,
2017 by Larry Thomas in Business Strategy, Financial Reports, Industry
An investment firm with a 12.9% stake in struggling Rent-A-Center (NASDAQ: RCII) is urging its board of directors to sell the company, and threatened to launch a proxy fight at this year’s annual meeting if the board doesn’t act quickly.