November 14,
2024 by Karen Parrish in Business Strategy, Industry
Ingka Group, the largest IKEA retailer, is investing a total of EUR 1.5 billion as part of its renewable energy transformation to phase out the direct use of fossil fuels. This investment in energy efficiency improvements and renewable heating and cooling technology contributes towards the target of reducing its climate footprint from own operations by 85% by 2030 (from a 2016 baseline). This is in addition to the already committed EUR 7.5 billion investment in offsite renewable energy production and technologies.
November 14,
2024 by Karen Parrish in Business Strategy, Industry
Gift for Life’s Home vs Hunger team surpassed an ambitious fundraising goal for 2024, with a record $47,293 raised for World Central Kitchen’s crisis-related hunger relief programs through its “Party with a Purpose” events held at the Spring and Fall editions of High Point Market.
November 14,
2024 by Karen Parrish in Business Strategy, Industry
Therapedic International announced its newest licensing partner, BedFounders (PTY) Ltd, a leading manufacturer of custom and private-label sleep products in the South African market.
November 14,
2024 by Karen Parrish in Business Strategy, Industry
RXO announced its financial results for the third quarter of 2024.
November 13,
2024 by Karen Parrish in Business Strategy, Industry
The Sustainable Furnishings Council (SFC) and the National Wildlife Federation (NWF) recognized Ethan Allen for its wood-sourcing policies and commitment to sustainable wood used to make the furniture they sell. Ethan Allen was awarded the designation of “Most Improved” for 2024, which is given to only one furniture retailer per year.
November 13,
2024 by Karen Parrish in Business Strategy, Industry
Ashley Furniture Industries, LLC (Ashley) has been designated as a 2025 bronze-level Military Friendly® Employer (MFE) and Military Spouse Friendly Employer® (MSFE) by VIQTORY, a service-disabled veteran-owned small business that connects the military community to civilian employment, educational and entrepreneurial opportunities. This recognition serves as a testament to Ashley’s continued commitment to supporting military personnel, veterans, and their families.
November 13,
2024 by Karen Parrish in Business Strategy, Industry
In response to recent devastating hurricanes in the South, Paramount Sleep is teaming up with leading mattress retailers and bedding industry suppliers to provide essential sleep products to affected communities. This collaborative effort showcases the bedding industry's commitment to supporting disaster relief and recovery.