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From Home Furnishing Business

Fast Fact: E-commerce Growth Rate, Home Furnishings Surpass Furniture 

Data from the U.S. Census Bureau and the proprietary market model from Impact Consulting, parent company of Home Furnishings Business shows that the total furniture and bedding industry grew 3.9 percent last year. It is estimated that brick and mortar store sales of furniture grew only 2 percent while e-commerce furniture retailer sales grew 12.9 percent after peaking at 26 percent in 2015.

Casual Industry Veteran Terry Lail Dies

Terry Wayne Lail, owner of TWL Marketing and long-time associate of Agio, USA, passed away on Oct. 10 from injuries he sustained in an automobile accident in 2017. He was 66 years old.

XPO Logistics Named to Fortune Future 50 List

XPO Logistics, Inc. (NYSE: XPO), a major provider of freight forwarding, last-mile delivery services, trucking, and related logistics services, has been named to the Fortune Future 50 list of U.S. public companies best positioned for breakout growth.

Conn’s Donates $18,000 in Furnishings and Appliances to Hurricane Harvey Victims

Houston, Tex.-based Conn’s Inc. (NASDAQ: CONN) has announced the donation, delivery and installation of nearly $18,000 in home furnishings and appliances to three families still recovering from last year’s Hurricane Harvey.

HP Market Authority Recognizes Outgoing Board Members

The High Point Market Authority recognized several outgoing members of its board of directors at its quarterly board meeting during Fall Market.

Kingsdown Revamps Vintage Collection

Mattress producer Kingsdown has announced the revamp of its Vintage Collection, focusing on luxury mattress offerings for its High Point showroom.

Universal Introduces Second Wave of Modern Collection

Universal Furniture has announced the second wave to its Modern Collection. The 40-plus SKUs added to the collection present new shapes, unique bed designs and the introduction of woven materials.

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