August 31,
2022 by HFBusiness Staff in Business Strategy, Industry 
A major Chinese ocean freight company has abandoned plans to acquire the cold storage container division of shipping giant Maersk after the U.S. Justice Department raised anti-trust concerns, according to a report in the newsletter Supply Chain Dive.
August 31,
2022 by HFBusiness Staff in Business Strategy, Industry
Michael Bennett, CEO of Buddy’s Home Furnishings, has been elected president of the executive committee of APRO, the trade association for the rent-to-own industry.
August 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Corsicana Mattress, which has been operating under Chapter 11 bankruptcy protection since June, will close its factory in Olive Branch, Miss., in October as part of its restructuring effort.
August 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Discount retailer Big Lots swung to a net loss of $84.2 million, or $2.91 per share, for the quarter ended July 30 as comparable-store sales tumbled 9.2 percent and gross margin shrunk amid heavy discounting.
August 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Despite a 19.4 percent decline in net sales and a 22 percent decline in same-store sales, retailer Conn’s Inc. eked out a profit of $2.1 million or 9 cents per share in the quarter ended July 31.
August 30,
2022 by HFBusiness Staff in Business Strategy, Industry
Bedding manufacturer MLily USA is providing retail partners a complimentary social media guide designed to help users of any experience level enhance their social media presence and marketing efforts.
August 29,
2022 by HFBusiness Staff in Business Strategy, Industry
Four female presidents and CEOs from the home furnishings industry will headline the fall educational breakfast of WithIt, the women’s leadership development group.