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From Home Furnishing Business

U.S. Retail Sales Increased in January, Including Furniture Stores Jump

U.S. retail sales increased by the most in nearly two years in January after two straight monthly declines as Americans boosted purchases of motor vehicles and other goods, pointing to the economy's continued resilience despite higher borrowing costs.

XPO Named One of America’s Best Employers by Forbes

Freight transportation company XPO has been named one of America’s Best Large Employers by Forbes magazine. This is the third time XPO has made Forbes’ Best Employer rankings.

Purple Responds to Coliseum Capital Board Nomination Announcement

Purple Innovation, Inc., known for creating the "World's First No Pressure Mattress," responded to the announcement by Coliseum Capital Management, LLC, a 45% shareholder of its intention to nominate five directors for election to Purple’s Board of Directors at the Company’s 2023 annual meeting.

Mattress Clarity Announces Donation to SAFE Alliance

Mattress Clarity announced a donation of $25,000 to The SAFE Alliance that will be used to support their mission of ending abuse and violence in the Austin community.

Tuesday Morning Announces Filing for Chapter 11 Protection

Tuesday Morning Corp., an off-price retailer of home goods and décor, announced that it is pursuing a financial and operational reorganization to enable the Company to reduce its outstanding liabilities, obtain significant and necessary capital, and ultimately transform into a nimbler retailer that serves heritage markets in a profitable manner.

Kafene Announces Recognition as ‘Best Place to Work’ for 2023

Kafene, a digital platform utilized by merchants at the point-of-sale to help offer underserved consumers more flexible purchase options through transparent lease-to-own (LTO) agreements that help retailers of furniture, appliances, electronics, tires and other goods meaningfully broaden their addressable market.

Registration Is Open for NeoCon with the Theme “Together We Design”

Registration is officially open for NeoCon, June 12-14 at THE MART in Chicago. The leading platform and most important event for the commercial interior design industry, the show annually draws about 50,000 influential professionals including manufacturers, dealers, architects, designers, facility managers, students, design organizations, and c-suite executives.

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