September 1,
2022 by HFBusiness Staff in Business Strategy, Industry 
Fabric supplier Culp Inc. reported a net loss of $5.7 million or 47 cents per share in the quarter ended July 31 as sales tumbled 24.6 percent.
September 1,
2022 by HFBusiness Staff in Business Strategy, Industry
Purple Innovation, a specialty mattress producer best known for its gel grid technology, announced it has acquired Intellibed, a high-end mattress producer whose product line includes gel beds.
August 31,
2022 by HFBusiness Staff in Business Strategy, Industry
Specialty bedding chain Metro Mattress has opened the first-ever Chattam & Wells boutique mattress shop as part of its first store in Connecticut.
August 31,
2022 by HFBusiness Staff in Business Strategy, Industry
Culp Inc., a major supplier of mattress ticking and upholstery fabric, said former Tempur Sealy executive Tommy Bruno will be joining the company as executive vice president of Culp Home Fashions, effective Sept. 6.
August 31,
2022 by HFBusiness Staff in Business Strategy, Industry
A major Chinese ocean freight company has abandoned plans to acquire the cold storage container division of shipping giant Maersk after the U.S. Justice Department raised anti-trust concerns, according to a report in the newsletter Supply Chain Dive.
August 31,
2022 by HFBusiness Staff in Business Strategy, Industry
Michael Bennett, CEO of Buddy’s Home Furnishings, has been elected president of the executive committee of APRO, the trade association for the rent-to-own industry.
August 31,
2022 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
Design Edge Co., the only trade show that brings top designer-focused brands directly to interior designers across North America, announces educational and social programming for its two-day event at The Geraghty in Chicago, Sept.21 - 22.