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From Home Furnishing Business

IMC Names Janice Lassiter to Home Décor Leasing Post

International Market Centers, owner of the World Market Center in Las Vegas and several major High Point Market showroom properties, has hired home furnishings industry veteran Janice Lassiter as director of home décor leasing.

La-Z-Boy to Invest $26 Million in Tennessee Factory Upgrades

La-Z-Boy (NYSE: LZB) said it will invest about $26 million in its Dayton, Tenn., factory over the next three years, building a new Innovation Center and making a variety of upgrades and renovations to the 44-year-old facility.

Simple Finance Changes Name to Acima Credit

Simple Finance, an underwriter of lease-purchase agreements that has numerous retail furniture stores as clients, has changed its name to Acima Credit.

Tempur Sealy to Pull Products Out of Mattress Firm Stores

Tempur Sealy International (NYSE: TPX) said Monday it has terminated its contract to supply bedding to Mattress Firm, its largest retail customer, and said the company’s products will be out of Mattress Firm stores by the end of the first quarter.

Report: Van Elslander to Remain Active in New Business, Foundation

Art Van Elslander doesn’t plan to get back in the furniture business, but the founder of Art Van Furniture plans to remain active in new for-profit and not-for-profit ventures, according to a story in Crain’s Detroit Business

Aaron’s, Waltrip To Continue Partnership After Retirement

Rent-to-own major Aaron’s Inc. (NYSE: AAN) said its longtime spokesman, NASCAR driver Michael Waltrip, will run the final race of his career at next month’s Daytona 500, but will continue to appear in commercials and make appearances on the company’s behalf.

Amini, Kathy Ireland to Launch New Furniture Line

Aico CEO Michael Amini and Kathy Ireland have inked a joint agreement to create a comprehensive home furnishings line, Michael Amini/kathy ireland Home Designs, that will launch later this year.

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