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From Home Furnishing Business

Sleep Number Corp. Announces 2023 Sustainability Report

Sleep Number Corporation  announced the publication of its 2023 Corporate Sustainability Report, which provides a comprehensive update of the company’s environmental, social and governance (ESG) priorities and progress.

Bedding Industries of America Adds to Black Ice Collection

Upon seeing the success of the company’s Black Ice collection this January, mattress manufacturer, Bedding Industries of America (BIA), is adding to the series with three new beds with different comfort feels.

Franchise Group Announces Unsolicited Non-Binding Proposal

Franchise Group, Inc. announced that it has received an unsolicited non-binding proposal, which is subject to certain conditions, to acquire all of the outstanding shares of the common stock of the Company for a price of $30.00 per share in cash.

STORIS Helps Boost POS Protection Plans for Sales Growth

In the current retail climate, maximizing the ticket value of each customer is imperative. Protection Plans were identified as a key opportunity in the 2023 Home Furnishings Industry Trend guide for their upselling potential.

Ashley Furniture HomeStore Opens Location in Tirupati, India

Ashley Furniture HomeStore in Tirupati, India celebrated the Grand Opening and Ribbon Cutting of its new 6,000 sq. ft. showroom located on Karakambadi RD, Mangalam, Tirupati on March 10.

Hooker Furniture Approves Plan to Exit e-Commerce Business Unit

Hooker Furnishings Corporation, approved a plan to exit the Accentrics Home (ACH) e-Commerce business unit of its Home Meridian operating segment (HMI) along with repositioning the Prime Resources International (PRI) business unit as a direct-container only business model.

PURPLE Announces Financial Results; Also, Reports Rejection of Proposal by Capital of Settlement Proposal 

"Against a very challenging backdrop in 2022, our organization made substantial headway toward improving the efficiency of the business and strengthening our foundation for growth," said Chief Executive Officer Rob DeMartini.

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