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