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From Home Furnishing Business

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.

ASID Applauds Bill Passage

The American Society of Interior Designers’ top federal legislative priority has been passed by Congress as a part of the tax extenders bill.  

IDS Conference Registration Set

The 2016 IDS National Conference is set for Dallas March 31-April 1.

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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