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From Home Furnishing Business

Conn’s Posts $137.5M Sales in December

Furniture, mattress and appliances retailers Conn’s (NASDAQ: CONN) reported $137.5 million in retail sales for the month ended Dec. 31, a 2.5 percent increase compared to the same month last year.

Heritage Home Group Names Chief Merchandising Officer

Regan Iglesia has been named chief merchandising officer for Heritage Home Group in a move that will combine the company's merchandising and marketing teams under one executive.

Hudson’s Bay to Buy Gilt for $250M

Hudson’s Bay Co. (TSX: HBC) will buy online retailer Gilt Groupe in a $250 million cash deal.

Macy’s to Cut Costs, Jobs

On the heels of a disappointing holiday season, department store Macy’s (NYSE: M) will eliminate 4,500 positions and close 36 stores this year under a plan to turn around the company.

Ethan Allen Names Former IBM Exec to Board

Ethan Allen Interiors (NYSE: ETH) has named Mary Garrett to its board of directors.

Tempoe Adds EVP of Business Development

Retail credit supplier Tempoe has named Phil Layer executive vice president of business development.

Best Chairs Settles Trademark Infringement Lawsuit

In 2014, Best Chairs, Inc. filed in U.S District Court for the Southern District of Indiana, a trademark infringement lawsuit against defendants Hanping Liu as owner and CEO of Factory Direct Wholesale, LLC, Eastern Enterprises, LLC, and Pay Less Here, LLC.  Defendants were alleged to have infringed upon Best Chairs’ trademarks by selling imported office chairs and other furniture products thru online outlets such as Amazon.com using the names “BestChair” and “Best Chair”.

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