December 2,
2016 by Larry Thomas in Executive Changes, Industry
Latex foam producer Latexco has named Ben Ducatteeuw as the new CEO of Latexco USA.
December 2,
2016 by Larry Thomas in Business Strategy, Industry
AcceptanceNow, a Rent-A-Center (NASDAQ: RCII) unit that places rent-to-own kiosks within third-party retail outlets, has become a preferred vendor of Furniture Marketing Group, a buying group whose members represent more than 900 storefronts and have nearly $4 billion in annual sales.
December 2,
2016 by Larry Thomas in Business Strategy, Industry, Mattresses, Product
West Coast bedding producer Pleasant Mattress has devised an upscale solution to protect its Maxx mattress line through the entire delivery cycle -- a heavy-duty, non-woven branded bag that is reminiscent of bags used by high-end shoe or purse suppliers.
December 1,
2016 by Larry Thomas in Financial Reports, Industry
Hampered by weak consumer demand during the summer and early fall months, La-Z-Boy (NYSE: LZB) said sales fell 1.6% to $376.6 million in the quarter ended Oct. 29.
December 1,
2016 by Larry Thomas in Business Strategy, Industry, Mattresses, Product
Sleep Number, the airbed sleep system made by Select Comfort (NYSE: SCSS), ranked highest in customer satisfaction for the second consecutive year in the J.D. Power Mattress Satisfaction Report released this week by the well-known research firm.
December 1,
2016 by Larry Thomas in Financial Reports, Industry, Retail Technology
Online retail giant Wayfair (NYSE:W) reported a 52% increase year-over-year in direct retail gross sales for the five-day peak shopping period of Thanksgiving Day through Cyber Monday.
December 1,
2016 by Larry Thomas in Carpets / Rugs, Designer Weekly, Industry, Las Vegas, Market, Product, Special Events
Rug manufacturer Feizy is moving to a new, ground-floor showroom at the Las Vegas Market in time for winter market, which takes place Jan. 22-26.