Fabric producer Culp Inc. (NYSE: CULP) said its proposed acquisition of a mattress fabrics business in China will not be completed because the company was unable to reach a definitive agreement for the deal.
Upper-end mattress producer E.S. Kluft & Co. has promoted four veteran members of its sales team as part of a re-organization of the department.
Las Vegas Market officials said they expect its three Pavilions to be home to temporary exhibits from more than 500 gift and home décor resources as part of a significant expansion of its temporary exhibit area.
Influential buying groups Nationwide Marketing Group and Mega Group USA announced a merger this week, creating an organization with more than 5,300 independent retail members with combined revenues of about $18.5 billion.
Simmons has launched a promotion tied to its new Beautyrest Sleeptracker monitor that offers consumers a free monitor with the purchase of select Beautyrest mattresses.
The Dallas Market Center has launched an exhibitor referral program for its temporary exhibits at the January Total Home & Gift Market that offers incentives ranging from gift cards to a free booth at the show.
Bob’s Discount Furniture plans to enter the highly competitive Los Angeles market in a big way next year by opening six stores simultaneously on Feb. 15.