Bedding retailer Mattress Firm (MFRM) said its acquisition by South African retail giant Steinhoff International Holdings N.V. (SNH) should be closed by the end of the third quarter following receipt of an early termination notice of the waiting period required by the Hart-Scott-Rodino Antitrust Improvements Act.
Online retail giant Wayfair (W) announced that Doran Robinson has joined the company as Vice President of Operations, Product Innovation.
While high student debt is often cited as a key factor in keeping Millennials out of the housing market, the simple lack of sufficient income also plays a role.
Ashley Furniture, the nation's largest furniture manufacturer and retailer, said it will close its manufacturing plants in Colton, Calif., in October, shifting production to its other U.S. factories.
Marketing services provider Wright Global Graphics will host a one-day event for floor covering manufacturers in North Georgia on Sept. 1 that will showcase a variety of branding and marketing options created specifically for flooring and rug manufacturers.
Discount retailer Big Lots (BIG) said second-quarter sales were essentially even with last year's second quarter, but net income jumped more than 28% on improved gross margins and better inventory management.
HGTV Magazine has named the website for case goods resource Somerton Dwelling, somertondwelling.com, to their list of "52 New Places to Shop."