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XPO Logistics Taps Angus Tweedie as SVP of Strategy for GXO Logistics

XPO Logistics, Inc. (NYSE: XPO) has announced that Angus Tweedie has been appointed to the leadership team of GXO Logistics, Inc., the intended spin-off of XPO’s logistics business.

Ashley HomeStore Launches Modern Refinery and Donates Pieces to Metropolitan Ministries of Tampa Bay

Ashley HomeStore has announced its new lifestyle collection Modern Refinery, offering style-hungry consumers on-trend pieces at attainable prices., Through the launch of this new line, the company, in partnership with the Bullard Family Foundation has coordinated the donation of the furniture to Metropolitan Ministries of Tampa Bay. 

Norwalk Furniture Opens 2nd High Point Showroom in Interhall

Custom upholstery resource Norwalk Furniture will open its second High Point Market showroom at the June High Point Market to highlight its expansive custom upholstery programs.

Conn’s HomePlus Expands into Ocala, Florida

Conn's, Inc. (NASDAQ: CONN), specialty retailer of furniture, mattresses, home appliances and consumer electronics, has announced its expansion into the Ocala, Florida market, opening a new Conn's HomePlus showroom in May. The store is located in the Boyd Market Center at 2800 SW 24th Ave.

HSM Promotes Coil and Fiber Alternatives Amid Foam Shortages

With the prevailing shortage of foam products coupled with rising prices impacting the industry, Hickory Springs Manufacturing Company (HSM) is promoting a variety of coil and fiber solutions that can be used in place of foam across different products to alleviate the challenges in producing upholstered furniture and mattresses.

Smith Leonard: Furniture Orders Up 96% in March, 40% from 2019 

New orders in March were up 96% over March 2020, mainly due to many businesses being shut down in March 2020 at the onset of the pandemic, according to a report by Smith Leonard accounting and consulting firm.

Tempur Sealy to Acquire Specialty UK Retailer, Dreams

Tempur Sealy International, Inc. (NYSE: TPX) has announced it has executed an agreement to acquire Dreams, the leading specialty bed retailer in the United Kingdom, primarily from an affiliate of Sun Capital Partners, Inc.

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