August 28,
2022 by HFBusiness Staff in Business Strategy, Industry
Leading e-tailer Ovestock.com said it has completed the second tranche of its planned $15 million investment in tZero Group, a blockchain technology provider, after its initial funding announced in February of this year.
August 28,
2022 by HFBusiness Staff in Business Strategy, Industry
Retail giant Ikea, which is known for its enormous stores, is set to open two relatively small “planning studios” in the Los Angeles area this week that will enable consumers to work with designers on larger home projects such as kitchens, bathrooms and bedrooms.
August 28,
2022 by HFBusiness Staff in Business Strategy, Industry
Fears of a strike by West Coat dock workers has led to recent congestion at East Coast ports, which has triggered cancelation of some sailings by ocean freight carriers, CNBC reported.
August 25,
2022 by HFBusiness Staff in Business Strategy, Industry
Upholstery and case good major Flexsteel Inds. confirmed that it had received a buyout offer of $20.80 per share from CSC Generation Holdings, the owner of Z Gallerie, DirectBuy, One Kings Lane, and several other brands.
August 25,
2022 by HFBusiness Staff in Business Strategy, Industry
Paced by 21.5 percent comparable-brand growth from its Pottery Barn chain, retailer Williams-Sonoma said revenues for the quarter ended July 31 rose nearly 10 percent to $2.14 billion.
August 25,
2022 by HFBusiness Staff in Business Strategy, Industry
Furniture Row will break ground next week on its newest Furniture Row and Denver Mattress store in Littleton, Colo.
August 25,
2022 by HFBusiness Staff in Business Strategy, Industry
XPO Logistics announced that Jeff Firestone will become chief legal officer of RXO, the planned spin-off of XPO’s brokered transportation platform.