November 9,
2016 by Larry Thomas in Business Strategy, Industry, Mattresses, Product 
Independent, family-owned Gold Bond Mattress has named retail and bedding industry veteran Jerry Colpitts as territory manager responsible for the company’s sales in Vermont, New Hampshire and Maine.
November 8,
2016 by Larry Thomas in Financial Reports, Industry
Online retail giant Wayfair (W) said third-quarter revenue jumped 45% to $861.5 million, but the e-commerce heavyweight reported a net loss of $60.9 million or 72 cents per share.
November 8,
2016 by Larry Thomas in Business Strategy, Industry
International Market Centers, owner of the World Market Center in Las Vegas and numerous showroom properties in High Point, announced a refinancing of its senior secured debt and revolving credit facility.
November 8,
2016 by Larry Thomas in Business Strategy, Industry
Richard Magnussen, CEO of Magnussen Home, was elected 2017 chairman of the American Home Furnishings Alliance board of directors during the organization’s recent annual meeting in Kiawah Island, S.C.
November 8,
2016 by Larry Thomas in Executive Changes, Industry
West Coast mattress producer Pleasant Mattress has named Michael Stype as its new director of quality and compliance.
November 7,
2016 by Larry Thomas in Economic News, Financial Reports, Industry
In the final installment of a series of factoids addressing the rise of e-commerce in furniture manufacturing and the merchant wholesale trade, we highlight a U.S. Census Bureau study that tracked e-commerce sales by merchant wholesalers (distributors, jobbers, drop shippers, import/export merchants and like) and MSBOs, or manufacturers sales branches and offices.
November 7,
2016 by Larry Thomas in Acquisition, Delivery, Industry
Specialized furniture carrier SunBelt Xpress has acquired Northwest Furniture Express, which services furniture accounts in the Pacific Northwest and parts of western Canada.