May 10,
2023 by HFBusiness Staff in Business Strategy, Industry
Franchise Group, Inc. announced that it has entered into a definitive agreement and plan of merger pursuant to which members of the senior management team of Franchise Group led by Brian Kahn, the Company’s chief executive officer, (collectively with affiliates and related parties of the senior management team, the “Management Group”), in financial partnership with a consortium that includes B. Riley Financial, Inc. and Irradiant Partners, will acquire the approximately 64% of the Company’s issued and outstanding common stock that the Management Group does not presently own or control.
May 10,
2023 by HFBusiness Staff in Business Strategy, Industry
Mattress manufacturer King Koil is set to leave its mark on an Arizona landmark this spring, outfitting the more than 330 rooms at The Wigwam, a uniquely Arizona resort where casual elegance meets historic charm in the West Valley of Phoenix, with an exclusive edition of its Signature mattress collection.
May 10,
2023 by HFBusiness Staff in Business Strategy, Industry
U.S. bedding manufacturer Spring Air International is expanding its retail reach once again, this time by joining the BrandSource® buying group as an approved vendor. The move opens the door for Spring Air to expand its dealer network to include more than 1,300 new retail targets.
May 9,
2023 by HFBusiness Staff in Business Strategy, Industry
Bedding provider Tempur Sealy has agreed to acquire Mattress Firm in a cash-and stock-transaction valued at about $4 billion, the companies said Tuesday.
May 9,
2023 by HFBusiness Staff in Business Strategy, Industry
Premium consumer electronics brand Charcoal announces the launch of its award-winning Charcoal Desk, a standing desk featuring revolutionary productivity technology in an iconic design. The indicators on the desk's lower corner provide gentle haptic feedback to guide breaks and productivity.
May 9,
2023 by HFBusiness Staff in Business Strategy, Industry
Watson’s, retailer of home recreation products and home furnishings based in Cincinnati, celebrates the grand opening of five retail locations formerly known as Allstate Home Leisure.