The private equity group Blackstone said funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities have completed the previously announced acquisition of International Market Centers, the largest showroom owner in High Point and owner of the World Market Center in Las Vegas.
E-commerce powerhouse Wayfair (NYSE: W) has launched a live tracking feature that allows consumers to track furniture deliveries in real time through an interactive GPS map.
The International Home Furnishings Center, the High Point Market’s largest showroom building, will be home to 19 new exhibitors at next month’s market.
Sleep products manufacturer Customatic Adjustable Bedz has introduced a video series to assist technicians, retail partners and consumers to explain product information and basic troubleshooting steps in an easy-to-understand format.
Case goods manufacturer and importer Legends Furniture has hired veteran furniture designer Stephanie Lena as director of merchandising and product development, and will unveil three collections designed by her at next month’s High Point Market.
The five-story Showplace showroom building will have five new tenants for next month’s High Point Market, and three existing exhibitors are putting the finishing touches on expanded showrooms.
Online retailer Hayneedle.com is partnering with This Old House for the third annual Idea House, which this year is a 3,200 square-foot coastal residence being built by Sweenor Builders and designed by interior designer Denise Enright.