Daily News
From Home Furnishing Business
July 25,
2017 by Larry Thomas in Economic News, Industry
Leesa Sleep, one of the largest bed-in-a-box manufacturers, said it has completed a $23 million round of venture capital funding led by an investment firm headed by John Replogle, CEO of Seventh Generation, a producer of environmentally-friendly cleaning and personal care products.
July 24,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
As the housing industry continues its post-Recession rebound, vacancy rates among rental units and homeowner units keep declining, according to data from the U.S. Census Bureau.
July 21,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
XPO Logistics (NYSE: XPO), a provider of last-mile delivery, freight forwarding and other logistics services, has priced its recently-announced secondary stock offering at $60.50 per share
July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Select Comfort (NASDAQ: SCSS), maker of the Sleep Number airbed, swung to a net loss in the second quarter after an inventory shortage forced the company to delay some deliveries until after the quarter ended.
July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Ethan Allen (NYSE: ETH) said it expects to report lower sales and earnings per share for the fiscal year that ended June 30, as operating costs rose due to heavy advertising spending and other initiatives.
July 18,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
XPO Logistics (NYSE: XPO), a major provider of freight forwarding, last-mile delivery services, trucking, and related logistics services, said it will issue more than 11 million new shares of common stock in a secondary public offering.
July 11,
2017 by Larry Thomas in Economic News, Financial Reports, Industry
Rent-A-Center (NASDAQ: RCII) disclosed Tuesday that its board of directors recently rejected a takeover bid from Vintage Capital, an investment firm that is a major shareholder in rent-to-own player Buddy’s Home Furnishings.