Dissident Rent-A-Center shareholder Engaged Capital has succeeded in ousting three of the company’s directors, including longtime board chairman Mark Speese.
Serta Simmons Bedding said it has signed a three-year agreement with memory foam producer Sinomax USA to develop bed-in-a-box products for its Serta and Simmons Beautyrest brands.
Bedding Industries of America, the licensor of the Eclipse, Van Vorst, Eastman House and other mattress brands, has signed a licensing agreement with Repose Mattress, one of India’s fastest-growing bedding producers.
Wright Global Graphics, a marketing services provider for the home furnishings, wine and spirts, and action sports industries, has expanded its manufacturing operations in China to accommodate increased demand for its extensive line of products.
Rug and home décor supplier Surya said its contract division will make its debut at the NeoCon trade show next week with a lineup of hand-made and machine-made rugs made for use in commercial settings.
Dearden’s, a 108-year-old furniture retailer in Southern California, will close all eight of its stores by the end of the summer, according to multiple media reports.
High-end upholstery and case good producer Vanguard Furniture will open its first-ever West Coast showroom in time for the summer Las Vegas Market.