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From Home Furnishing Business

Lovesac Company Releases First Quarter of Fiscal 2025

The Lovesac Company. the home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, announced financial results for the first quarter of fiscal 2025, which ended May 5, 2024.

RXO Wins Top Digital Freight Brokerage Software of the Year

RXO, a leading provider of asset-light transportation solutions, won the Top Digital Freight Brokerage Software of the Year award from SupplyTech Breakthrough, a leading independent market intelligence organization. The recognition underscores RXO’s commitment to innovation and excellence in the industry through cutting-edge technology and providing customers with unique solutions.

Hybrid Mattresses Recalled Due to Fire Hazard

Adven Group recalls Nap Queen Sleep Victoria Hybrid Mattresses due to fire hazard. The recalled mattresses violate mandatory federal flammability regulations for mattresses, posing a fire hazard to consumers.

Ingka Group Updates Targets for Climate ‘Net Zero and Beyond’

Ingka Group, the largest IKEA retailer, strengthened climate targets for reducing greenhouse gas (GHG) emissions have been validated and approved by the Science Based Targets initiative (SBTi*). The company first set science-based climate targets in 2018 and have since then reduced their climate footprint by 24.3%** while increasing revenue by 30.9%, compared to the 2016 baseline. The updated targets are part of the IKEA strengthened climate ambition ‘Net Zero and Beyond’.

Williams Sonoma Announces Stock Split and Dividend

Williams-Sonoma, Inc. announced that its Board of Directors has declared a two-for-one stock split through a stock dividend to make its stock more accessible to investors and employees.

Wayfair Releases Corporate Responsibility Report for 2023

Wayfair Inc., the destination for all things home, released its third-annual Corporate Responsibility Report showcasing the company's progress and initiatives across sustainability, social impact, and diversity, equity and inclusion in 2023.

Shifman Mattress Co. Launches Collection with Bloomingdale's

Shifman Mattress Co. is launching the Authenticity Collection in collaboration with iconic luxury retail partner Bloomingdale’s. The new collection exemplifies the integrity of both brands and their successful 37-year partnership.

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