Daily News
From Home Furnishing Business
August 30,
2016 by Jane Chero in Acquisition, Industry
Unique Furniture A/S, a producer of contemporary furniture based in Kolding, Denmark, said it has acquired Jesper Office, LLC., a resource for contemporary home office furniture.
August 30,
2016 by Jane Chero in Financial Reports, Industry
Bedding retailer Mattress Firm (MFRM) said its acquisition by South African retail giant Steinhoff International Holdings N.V. (SNH) should be closed by the end of the third quarter following receipt of an early termination notice of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act.
August 30,
2016 by Jane Chero in Business Strategy, Executive Changes, Industry
Online retail giant Wayfair (W) announced that Doran Robinson has joined the company as Vice President of Operations, Product Innovation.
August 29,
2016 by Jane Chero in Financial Reports, Industry
While high student debt is often cited as a key factor in keeping Millennials out of the housing market, the simple lack of sufficient income also plays a role.
August 29,
2016 by Jane Chero in Business Strategy, Industry
Ashley Furniture, the nation's largest furniture manufacturer and retailer, said it will close its manufacturing plants in Colton, Calif., in October, shifting production to its other U.S. factories.
August 29,
2016 by Jane Chero in Carpets / Rugs, Industry, Product, Special Events
Marketing services provider Wright Global Graphics will host a one-day event for floor covering manufacturers in North Georgia on Sept. 1 that will showcase a variety of branding and marketing options created specifically for flooring and rug manufacturers.
August 29,
2016 by Jane Chero in Financial Reports, Industry
Discount retailer Big Lots (BIG) said second-quarter sales were essentially even with last year's second quarter, but net income jumped more than 28% on improved gross margins and better inventory management.