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From Home Furnishing Business

FastFact: Home Prices Continue to Climb

As the housing industry continues to bounce back after the recession, the price of homes has skyrocketed 34 percent in seven years.

 

Pennsylvania AG Settles with Furniture Sir-Plus

The Pennsylvania Attorney General has settled with a furniture retailer accused of taking money from consumers for purchases and then not delivering.

Mattress Firm 2Q Income Hits $21.9 Million

Bedding retailer Mattress Firm (NASDAQ: MFRM) posted net income of $21.9 million for the second quarter ended Aug. 4 compared to net income of $14.3 million in the same quarter last year.


AICO Promotes Yarbrough to Marketing Director

Michael Yarbrough has been named director of marketing for AICO

Select Comfort to Buy BAM Labs

Specialty bedding retailer Select Comfort Corp. (NASDAQ: SCSS) is acquiring BAM Labs, a provider of sleep monitoring solutions, in a $58 million cash deal.

RH 2Q Nets $30 Million

Lifestyle retailer Restoration Hardware (NYSE: RH) reported net income of $30 million for the second quarter ended Aug. 1 compared to net income of $36 million in the same quarter last year.

Mattress Firm Shuffles Executive Team

Bedding retailer Mattress Firm (NASDAQ: MFRM) has promoted Ken Murphy to president and named Rob Killgore COO.

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