February 26,
        2018   by  Larry Thomas in Economic News, Industry  
  
        
    
    
Despite their waning influence as they age out of their prime spending years, Baby Boomers still control the greatest portion of consumer spending on furniture and bedding, according to the Bureau of Labor Statistics.
    
        
    
    
 
    
    
    
        February 26,
        2018   by  Larry Thomas in Business Strategy, Industry  
  
        
    
    
Wal-Mart (NYSE: WMT), which last week began rolling out a greatly expanded assortment of furniture and home décor on its e-commerce site, is set to launch a separate site that sells a private label mattress line, the New York Times reported.
    
        
    
    
 
    
    
    
        February 26,
        2018   by  Larry Thomas in Business Strategy, Industry  
  
        
    
    
PureCare, a resource for mattress and pillow protectors, sheets and pillows, is moving to new headquarters in its hometown of Phoenix, Ariz., that will include the company’s first-ever domestic pillow factory.
    
        
    
    
 
    
    
    
        February 26,
        2018   by  Larry Thomas in Business Strategy, Industry  
  
        
    
    
Stanley Furniture (NASDAQ: STLY) has scheduled a special shareholders meeting for March 2 to vote on the proposed sale of substantially all of the company’s assets to an entity headed by Walter Blocker, chairman of the Vietnam Trade Alliance.
    
        
    
    
 
    
    
    
        February 23,
        2018   by  Larry Thomas in Executive Changes, Industry  
  
        
    
    
Kim Yost, president and CEO of Art Van Furniture since 2009, announced he would retire from the Michigan-based retailer once a successor is named.
    
        
    
    
 
    
    
    
        February 23,
        2018   by  Larry Thomas in Business Strategy, High Point, Industry, Market  
  
        
    
    
Custom upholstery major Décor-Rest is adding motion upholstery and dining room furniture to its product lineup, and is moving to a new showroom in time for the April High Point Market.