Daily News
From Home Furnishing Business
October 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Brooklyn Bedding, manufacturer and retailer, and Helix Sleep, the direct-to-consumer sleep brand, announced that each brand has earned GREENGUARD Gold Certifications across their entire mattress lineups.
October 30,
2022 by HFBusiness Staff in Business Strategy, Industry
IKEA U.S. will be closing their Queens location at the Rego Center to customers effective Dec. 3, having opened approximately two years ago in Jan. 2021.
October 30,
2022 by HFBusiness Staff in Business Strategy, Industry
According to Reuters, British online furniture retailer Made.com suspended taking customer orders on Wednesday after talks to find a buyer failed, pushing the group towards administration.
October 30,
2022 by HFBusiness Staff in Business Strategy, Industry
RXO Inc. will be added to the S&P MidCap 400 prior to the opening of trading on Nov. 1, replacing Bread Financial Holdings Inc. which will move to the S&P SmallCap 600 effective prior to the opening of trading on Nov. 2.
October 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Ankura Consulting, LLC, a global services and advisory firm, published the results of its 2022 Holiday Consumer Spending Survey conducted by its Performance Improvement Practice. The survey, which polled 1,042 individuals across the United States, reveals key insights for retailers and the U.S. economy.
October 27,
2022 by HFBusiness Staff in Business Strategy, Industry
Overstock .com, Inc. reported financial results for the third quarter ended, Sept. 30. Their total net revenue was reported as $460 million, a decrease of 33% year over year. Their gross profit was $107 million, or 23.3% of total net revenue.
October 27,
2022 by HFBusiness Staff in Business Strategy, Industry
Tempur Sealy International, Inc. announced that Sealy® mattress brand is introducing Sealy® FlexGrid™, a new mattress collection that features a proprietary and new hyper-elastic polymer pressure-relieving layer.