September 8,
2022 by HFBusiness Staff in Business Strategy, Industry
Hooker Furnishings said sales slid 5.9 percent to $152.9 million in the quarter ended July 31, driven largely by a 32.4 percent sales decline in its Home Meridian segment.
September 8,
2022 by HFBusiness Staff in Business Strategy, Industry
Upholstery producer Lovesac, which sells products online and in branded retail stores and kiosks, said sales jumped 45 percent to $148.5 million in the quarter ended July 31.
September 8,
2022 by HFBusiness Staff in Business Strategy, Industry
Precision Textiles, a leading supplier of coated fabrics, nonwovens and laminations for the bedding, automotive, health care and home furnishings industries, has developed an industry-first foam pillow featuring the same FR capabilities as the company’s IQ Fit Glass Free products with antimicrobial protection, as well as an innovative design.
September 7,
2022 by HFBusiness Staff in Business Strategy, Industry
Upholstery producer Ekornes, best known for its Stressless recliners and sofas, said it is shifting production of two of its most popular power recliners from Thailand to its factory in Morganton, N.C.
September 7,
2022 by HFBusiness Staff in Business Strategy, Industry
XPO Logistics, a leading provider of freight transportation services, announced that Jamie Harris will become chief financial officer of RXO, the planned spin-off of XPO’s brokered transportation platform.
September 7,
2022 by HFBusiness Staff in Business Strategy, Industry
Independent producer Gold Bond Mattress is seeing a strong uptick in its university and prep school business throughout the Northeast this summer as virtually all these institutions have re-opened dormitories for the fall semester.
September 7,
2022 by HFBusiness Staff in Business Strategy, Industry
Specialty bedding producer Sleep Number, which renewed its partnership with the Dallas Cowboys earlier this month, said it also has renewed its deal with the defending Super Bowl champion Los Angeles Rams.