Daily News
From Home Furnishing Business
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.
August 31,
2022 by HFBusiness Staff in Business Strategy, Designer Weekly, Industry
Dallas Market Center has announced an extensive lineup of hospitality events and special attractions for the second annual ArchLIGHT Summit, drawing the architectural, specification and design communities to the Dallas Trade Mart for a product expo and more than 20 CEU opportunities.
August 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Corsicana Mattress, which has been operating under Chapter 11 bankruptcy protection since June, will close its factory in Olive Branch, Miss., in October as part of its restructuring effort.
August 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Discount retailer Big Lots swung to a net loss of $84.2 million, or $2.91 per share, for the quarter ended July 30 as comparable-store sales tumbled 9.2 percent and gross margin shrunk amid heavy discounting.
August 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Despite a 19.4 percent decline in net sales and a 22 percent decline in same-store sales, retailer Conn’s Inc. eked out a profit of $2.1 million or 9 cents per share in the quarter ended July 31.