October 24,
2014 by in Acquisition, Industry
Amtech Management Ltd., the owner of Douglas Casual Living and Mastercraft, has signed a letter of intent to acquire the assets of Chromcraft-Revington and its related brands.
October 24,
2014 by in Furniture Retailing, Industry, Retail Technology
Versatile Credit has formed a partnership with Fortiva | YBUY to provide retailers a wider choice in selecting a portfolio of lenders to use in the Versatile kiosks.
October 23,
2014 by in Bedding, Financial Reports, Industry, Product
Select Comfort Corp. (NASDAQ: SCSS) reported third-quarter 2014 sales of $323 million, a 23 percent increase over the prior-year period.
October 23,
2014 by in Economic News, Industry
Consumer confidence and willingness to make a big-ticket purchase are on the rise. That's according to Synchrony Financial's 2014 Major Purchase Consumer Study.
October 23,
2014 by in Acquisition, Industry
Growing upholstery supplier United Furniture Inds. is in the running to buy a former Lane office and warehouse in Verona, Miss. United is bidding against Florida-based McCormick Drive LLC, a company whose business records list Ron Wanek, chairman of Ashley Furniture, as manager.
October 22,
2014 by in Acquisition, Industry
The Jordan Co., a New York-based middle-market private-equity fund, has signed an agreement to buy Ohio-based discount furniture retailer American Freight.
October 22,
2014 by in Industry
The call is out for entries in the Icon Honors 2015 awards competition, which recognizes achievement in the home and gift industry.