December 12,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
Steinhoff International, (FRANKFURT: SNH) the South African furniture and retail conglomerate whose stock price collapsed last week in the wake of an accounting scandal, may have to sell some of its prized assets – including Mattress Firm – in order to make debt payments that are due in March, according to a Bloomberg News report.
December 12,
2017 by Larry Thomas in Business Strategy, Industry
Rapidly expanding Art Van Furniture, which recently acquired major retailers Levin Furniture and Wolf Furniture, has sold its mattress manufacturing company, Comfort Mattress, to Connecticut-based Blue Bell Mattress.
December 12,
2017 by Larry Thomas in Industry, Las Vegas, Market, Special Events
Seven new sponsorships have been secured for the 10th annual Ante4Autism celebrity poker tournament that takes place the day prior to the official opening of next month’s Las Vegas Market.
December 11,
2017 by Larry Thomas in Business Strategy, Economic News, Industry
The southern and western states are the biggest beneficiaries when Americans move, as data from the U.S. Census Bureau shows the South and West had the greatest net increase in population from movers from 2015 to 2016.
December 11,
2017 by Larry Thomas in Acquisition, Industry
Upholstery and case goods resource United Furniture said it has finalized its purchase of Lane Furniture from Heritage Home Group.
December 11,
2017 by Larry Thomas in Business Strategy, Industry
Retailer Conn’s Inc. (NYSE: CONN) confirmed that it had made Serta Simmons Bedding its exclusive mattress supplier, ending a similar arrangement with Tempur Sealy International (NYSE: TPX).