July 17,
2024 by Karen Parrish in Business Strategy, Industry
SONGMICS HOME, online furnishings brand, announced the opening of three new self-operated warehouses in Duisburg, Germany, and Coventry, England. This expansion adds more than 80,000 square meters of new warehouse space in the European market where the company has gained high brand recognition over the past 14 years.
July 16,
2024 by Karen Parrish in Business Strategy, Industry
From 40 products, Atlanta Market participants have voted four as “People’s Choice” winners in the Summer 2024 Market Snapshot program: Charcuterie Cheat Sheet by Color Box Design & Letterpress ; Lottie Bag by Designed For Joy ; Wildflower Honey by Generation Bee; and Stella Sun Lounger and Stella Collection by Quality Works . Products from all winners and finalists will be featured in a vignette in Building 1, Floor 1, at Atlanta Market, running through Monday, July 22, at AmericasMart Atlanta.
July 16,
2024 by Karen Parrish in Business Strategy, Industry
On July 10, 2024, Bassett Furniture Industries, Inc. detected unauthorized occurrences on a portion of its information technology (IT) systems. Upon detecting the unauthorized occurrences, Bassett immediately began taking steps to contain, assess and remediate the incident, including beginning an investigation, activating its incident response plan, and shutting down some systems.
July 15,
2024 by Karen Parrish in Business Strategy, Industry
Macy’s, Inc. announced that, following months of engagement with Arkhouse Management Co. LP and Brigade Capital Management, LP, its Board of Directors has unanimously determined to terminate discussions with Arkhouse and Brigade that have failed to lead to an actionable proposal with certainty of financing at a compelling value. The Board intends for the management team to return its full focus to enhancing shareholder value through the execution of the Company’s “A Bold New Chapter” strategy.
July 15,
2024 by Karen Parrish in Business Strategy, Designer Weekly, Industry
Lagoon Furniture returns to the Peach State for both the Casual Market Atlanta and the Atlanta Market events in July 2024. If this sounds confusing, it shouldn't! Each event is world class, and worth attending in its own right. In fact, they're both so good that Lagoon Furniture decided to set up at both and will liven things up a bit this year with a redesigned exhibition space featuring a fresher and more elegant style.