July 22,
2015 by in Executive Changes, Industry 
Gary Fazio, CEO of mattress supplier Serta Simmons Bedding, will retire at the end of the year.
July 22,
2015 by in Executive Changes, Industry
Bedding supplier Organic Mattresses is shifting its strategy and changing its management team.
July 22,
2015 by in Executive Changes, Industry
Hooker Furniture Corp. (NASDAQ: HOFT) has named Ellen Connelly Taaffe, a consumer marketing and strategy specialist with senior executive experience across a wide range of companies including PepsiCo, Quaker Oats, Whirlpool and Royal Caribbean Cruises, to its board of directors.
July 22,
2015 by in Executive Changes, Industry
Bassett Furniture Industries has hired Ann Zaccaria as vice president, real estate and new store development.
July 22,
2015 by in Executive Changes, Industry
Rental furniture outlet Cort has named Tiffany Zerg, senior business development executive for of residential sales.
July 22,
2015 by in Economic News, Industry
KPS Capital Partners has completed a recapitalization of its portfolio company American & Efird Global (A&E), which raised approximately $275 million in financing, including a $65 million cash flow revolving credit facility and an approximately $210 million term loan.
July 22,
2015 by in Economic News, Industry
Philadelphia-based LBC Credit Partners has provided a senior secured term loan to support the recapitalization and investment in Pride Family Brands by New Water Capital Partners, a $406 million private equity fund that focuses on investing in lower middle market companies in the consumer products, retail and industrial manufacturing industries.