Daily News
From Home Furnishing Business
November 25,
2024 by Karen Parrish in Business Strategy, Industry 
Big Lots, Inc. announced that it has received court approval for the sale of substantially all of the Company’s assets and ongoing business operations to an affiliate of Nexus Capital Management LP (“Nexus”). The sale, which is subject to customary closing conditions, is expected to close in early December.
November 25,
2024 by Karen Parrish in Business Strategy, Industry
In a significant step towards improving workplace ergonomics, IKEA has deployed 400+ exoskeletons across 14 countries, marking a major milestone in its commitment to creating a better everyday life – not only for customers, but for its co-workers too.
November 25,
2024 by Karen Parrish in Business Strategy, Industry
The Lovesac Company, the Designed for Life home and technology brand, today announced the launch of the StealthTech Charge Side, bringing wireless device charging to its Sactionals Sides. Utilizing the invisible wireless charging capabilities of StealthTech Sound + Charge, the latest Lovesac innovation allows customers to stay connected without leaving the comfort of their couch.
November 25,
2024 by Karen Parrish in Business Strategy, Industry
Macy’s, Inc. reported preliminary financial results for the third quarter of 2024.
November 25,
2024 by Karen Parrish in Business Strategy, Industry
Walmart and the National Fish and Wildlife Foundation (NFWF) announced a 10-year, $34.5 million renewal of the historic Acres for America conservation program. This new commitment from Walmart, combined with previous contributions, represents the largest corporate donation to NFWF since the Foundation’s creation by Congress in 1984, for a total of more than $100 million since the program began.
November 24,
2024 by Karen Parrish in Business Strategy, Industry
The 12th annual Night of Luminaries and Rising Stars, presented by the Carolinas Chapter of the International Furnishings and Design Association (IFDA), honors a company, organization or individual who represents the pinnacle of achievement in the home, design, and décor industries, and also celebrates the most outstanding creative talent from colleges and universities across the Carolinas and Georgia. 17 students were awarded the Rising Star designation and High Point’s own Bienenstock Furniture Library was presented as the 2024 Luminary Award recipient.
November 24,
2024 by Karen Parrish in Business Strategy, Industry
MLILY USA, a leading domestic producer of sleep products, has made significant strides in protecting margins for their retail partners and the MLILY brand over the past year through proactive monitoring and enforcement of MAP (minimum advertised price) and MSRP (manufacturer’s suggested retail price).