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From Home Furnishing Business

Report: McIngvale Bets $3M on TCU to Win College Football Title

Gallery Furniture owner Jim McIngvale, who famously won $75 million last fall by betting on his hometown Houston Astros to win the World Series, will pocket another multimillion-dollar payout if TCU wins college football’s national championship game on Monday, according to a report from Action Network, a sports betting website.

Sleep Country Canada Completes Purchase of Silk & Snow

Mattress retailer Sleep Country Canada said it has completed its previously announced acquisition of Silk & Snow, a fast-growing, direct-to-consumer sleep products brand.

Bed Bath & Beyond Sees $385M Loss in Q3; May Seek Bankruptcy Protection

Bed Bath & Beyond said it expects to report a 33 percent drop in sales and a net loss of more than $385 million for the quarter ended Nov. 26, and said it is considering a bankruptcy filing or other strategic alternatives.

Ekornes to Downsize Operations in Norway, Asia

Upholstery major Ekornes said it is downsizing operations in Asia and its home country of Norway to combat a post-pandemic drop in demand and increased costs.

West Elm Teams with Misha & Puff to Launch Kids Collection

Retailer West Elm has teamed up with artisanal fashion brand Misha & Puff to launch a collection of furniture, textiles and accessories for kids.

Report Names Bob’s Discount Furniture as Top Brand to Watch in ’23

Retail furniture powerhouse Bob’s Discount Furniture has been named one of the top three brands to watch in 2023 by the location analytics firm Placer.ai.

Dallas Total Home & Gift Market Kicks Off Through January 10

The Dallas Total Home & Gift Market is the premier destination for connecting retailers and manufacturers in home décor, gifts, gourmet, housewares, accessories and lighting. Dallas not only delivers more, but more of what matters. In addition to permanent showrooms, The Temps provide hundreds of unique resources across all product categories.

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