Daily News
From Home Furnishing Business
October 30,
2023 by HFBusiness Staff in Business Strategy, Industry 
Serta Simmons Bedding, LLC (SSB), a leading global sleep company, today announced that Mark Genender, Chairman of the Board of Directors, has been appointed Interim Chief Executive Officer. He succeeds Charlie Eitel, who has stepped down as CEO, effective today.
October 30,
2023 by HFBusiness Staff in Business Strategy, Industry
XPO (NYSE: XPO) today announced its financial results for the third quarter 2023, reflecting a solid performance in a soft industry environment for freight transportation. The company reported diluted earnings from continuing operations per share of $0.72 and adjusted diluted earnings from continuing operations per share of $0.88.
October 30,
2023 by HFBusiness Staff in Business Strategy, Industry
Denver Mattress Co., LLC (DMC) is pleased to announce the 21st anniversary of its annual charity partnership with Citygate Network (formerly known as the Association of Gospel Rescue Missions), as together DMC and Citygate Network continue to help those in need during the holidays.
October 30,
2023 by HFBusiness Staff in Business Strategy, Industry
Third Quarter Highlights for Leggett & Platt
3Q sales of $1.18 billion, a 9% decrease vs 3Q22
3Q EPS of $.39, a decrease of $.13 vs 3Q22; 3Q adjusted1 EPS of $.36, down $.16 vs 3Q22
3Q cash from operations of $144 million, a $78 million increase vs 3Q22
2023 guidance lowered: sales of $4.7–$4.75 billion; EPS of $1.45–$1.55, adjusted1 EPS of $1.35–$1.45
October 30,
2023 by HFBusiness Staff in Business Strategy, Industry
Leading indoor and outdoor furniture brands, Gabby and Summer Classics, are thrilled to announce a partnership with Banko Design, a renowned interior design firm known for its innovative and trend-setting projects. The purpose of this collaboration is to bring forth two remarkable furniture collections, showcasing the fusion of timeless design, innovation, and versatility.
October 29,
2023 by HFBusiness Staff in Business Strategy, Industry
In the past two weeks, Ashley has expanded its international reach into Asia with two new locations in Brunei and India. Ashley has more than 1,125 locations worldwide. Each of the new showrooms feature complete lifestyle vignettes, down to the final detail of lighting, rugs and wall art. Product categories include bedroom, dining room, upholstery, leather, occasional tables, home office, youth bedroom, recliners, mattresses and accessories. Technology enhances the environment, incorporating various elements to improve the customer shopping experience.
October 29,
2023 by HFBusiness Staff in Business Strategy, Industry
XPO, a leading provider of freight transportation in North America, announced today that it has broken ground on a new service center in Lakeland, Florida. This project marks another important milestone in the implementation of the company’s previously announced plan to grow capacity in its North American network with the addition of 900 net new doors nationally by the first quarter of 2024.