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From Home Furnishing Business

Port of Savannah Will Boost Annual Container Capacity by 60%

Container capacity at the Port of Savannah, Ga., will be expanded by 60 percent during the next three years, thanks to a series of construction projects that will boost annual capacity to 9.5 million twenty-foot equivalent units.

Therapedic Releases Videos Highlighting Featured Products from Las Vegas Showroom

Bedding producer Therapedic International has released a collection of showroom videos highlighting its featured products at last month’s Las Vegas Market to reach more retail buyers.

Overstock Q4 Revenues Fall 8.5%; Full Year Sees 11% Increase

E-commerce heavyweight Overstock.com said fourth-quarter revenue fell 8.5 percent to $612.7 million amid supply chain challenges that hampered operations.

Industry Icon Gene Rosenberg Dies at 86

Industry veteran Gene Rosenberg, founder, and chairman of the board of Planned Furniture Promotions (PFP), and co-founder of Bob’s Discount Furniture, died Thursday morning after a brief battle with cancer. He was 86. 

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.

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