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From Home Furnishing Business

Aaron’s Agrees to Buy Major SE Appliance, Consumer Electronics Retailer

Rent-to-own powerhouse Aaron’s has signed a definitive agreement to acquire BrandsMart USA, a leading regional appliance and electronics retailer in the Southeastern United States.

Wayfair Q4 Sales Fall 11.4% As Retailer Swings to Net Loss of $202 Million

Online retailer Wayfair said fourth-quarter revenues fell 11.4 percent to $3.3 billion, and the company swung to a net loss of $202 million.

Plank & Hide Expands Outdoor Footprint with Purchase of 300 South Main

Plank & Hide, a recreational and home entertainment furniture resource, has acquired outdoor furniture resource 300 South Main, and is rebranding the outdoor line as P&H Elements.

Kittle’s Promotes Lisa Hudak to President

Kittle’s Furniture, a top 100 furniture retailer based in Indianapolis, has promoted Chief Operating Officer Lisa Hudak to the additional position of president of the company.

Sleep Number Q4 Sales Fall 13% Amid Semiconductor Delivery Delays

Specialty sleep manufacturer and retailer Sleep Number said fourth-quarter sales fell 13 percent to $492 million due to a delay in delivery of semiconductor components that rendered the company unable to meet its December production and sales goals.

More Than 200 Exhibitors Set for ISPA Expo March 8-10 in Orlando

The International Sleep Products Association will host its first in-person event in two years when it stages the ISPA EXPO March 8-10 at the Orange County Convention Center in Orlando, Fla.

Conn’s to Open New Store in Abilene, Texas, Boosting Store Count to 159

Specialty retailer Conn's HomePlus, whose product offerings include an extensive lineup of furniture, appliances and consumer electronics, will open its newest store next month in Abilene, Texas.

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