Daily News
From Home Furnishing Business
March 28,
2017 by Larry Thomas in Industry, Legal 
The Supreme Court has refused to hear a challenge to an appeals court ruling that struck down the proposed settlement of a 12-year-old class action suit involving credit card swipe fees.
March 28,
2017 by Larry Thomas in Industry, Rent-To-Own
Rent-A-Center (NASDAQ: RCII), which is facing a proxy fight from the hedge fund Engaged Capital, has adopted a shareholder rights plan that will make it more difficult for the fund, or any other large shareholder, to gain controlling interest without the consent of the board of directors.
March 28,
2017 by Larry Thomas in Industry, Licensing, Mattresses, Product
American Textile Co., a Pennsylvania-based producer of top-of-bed products, has signed a licensing agreement with Tempur Sealy International to develop and distribute sleep accessories under the Tempur-Pedic brand.
March 28,
2017 by Larry Thomas in Business Strategy, Industry
Contemporary furniture resource Zuo Modern has launched a new division that will sell home decor and accents, and has hired Andrea Guardiola to head the unit.
March 27,
2017 by Larry Thomas in Economic News, Industry
Even though housing and energy prices have risen slightly recent years, prices for furniture, appliances and other home furnishings products have declined steadily since 2010, according to data from the Bureau of Labor Statistics.
March 27,
2017 by Larry Thomas in Business Strategy, Industry
Online behemoth Amazon (NASDAQ: AMZN), which already is experimenting with brick-and-mortar book stores and grocery stores, is considering opening furniture and appliance stores that would employ cutting-edge augmented or virtual reality, the New York Times reported over the weekend.
March 27,
2017 by Larry Thomas in Business Strategy, Industry, Mattresses, Product, Web Retail
Independent mattress producer Gold Bond is coming out swinging against online bed-in-the-box retailers with a new merchandising strategy that provides a lineup of mattresses retailing for under $1,000, backed by marketing support for local retailers.