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From Home Furnishing Business

Furniture First to Construct 40,000 Square-Foot Showroom Building in High Point

The Furniture First buying group has purchased property in the 300 block of South Main Street in High Point and will construct a 40,000 square-foot showroom building on the site.

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.

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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