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From Home Furnishing Business

Bob’s Discount Furniture Executive VP Honored for Top Women in Retail

Bob’s Discount Furniture, an omni-channel furniture retailers, is proud to announce that Women in Retail Leadership Circle (WIRLC) has recognized Chief Merchandising Officer and Executive Vice President Carol Glaser as an honoree for its 2023 Top Women in Retail report. 

Overstock Reports Fourth Quarter and End-of-Year Results

Overstock reported total net revenue for Fourth Quarter of 2022 of $405 million, a decrease of 34% year over year. Gross profit was $90 million, or 22.1% of total net revenue.

Coliseum Files Lawsuit Asserting Bad Faith by Committee of Purple Board

Coliseum Capital Management, LLC, the largest stockholder of Purple Innovation, Inc., owning approximately 44% of the common stock, filed a lawsuit in the Delaware Court of Chancery to invalidate Purple’s recently issued "Proportional Representation Preferred Linked Stock," which Coliseum believes deprives Purple stockholders of a fair and democratic election of directors at the Company’s 2023 Annual Meeting.

Lenzig & NFW Team Up to Make New Offering at Milan Leather Fair

Lenzing – The Lenzing Group, has teamed up with NFW (Natural Fiber Welding Inc.) to offer TENCEL™ branded fibers as another backer option for NFW’s patented plant-based technology, MIRUM®.

HomeSense Opens New Location in Port St. Lucie

Homesense, the latest retail experience from the HomeGoods family, will open its newest location in Port St. Lucie, Florida on February 23. The store is located in The Landing at Tradition at 10856 SW Village Parkway.

Vari, TX-based Workspace Company Names 9th Wonder as Media Rep

Vari, the Texas-based innovative workspace furniture company, has named 9thWonder Agency its media agency of record.

Champion Thread Co. Opens New Facility in South Carolina

Champion Thread Company, a manufacturer and marketer of industrial sewing threads, engineered yarns, and other textile and sewn products accessories, has opened a thread and yarn dyeing facility in Clover, South Carolina.

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