February 25,
2022 by HFBusiness Staff in Industry, Obituaries
Industry veteran Gene Rosenberg, founder, and chairman of the board of Planned Furniture Promotions (PFP), and co-founder of Bob’s Discount Furniture, died Thursday morning after a brief battle with cancer. He was 86.
February 24,
2022 by HFBusiness Staff in Business Strategy, Industry
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.
February 24,
2022 by HFBusiness Staff in Business Strategy, Industry
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.
February 24,
2022 by HFBusiness Staff in Business Strategy, Industry
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.
February 23,
2022 by HFBusiness Staff in Business Strategy, Industry
Kittle’s Furniture, a top 100 furniture retailer based in Indianapolis, has promoted Chief Operating Officer Lisa Hudak to the additional position of president of the company.
February 23,
2022 by HFBusiness Staff in Business Strategy, Industry
Specialty sleep manufacturer and retailer Sleep Number said fourth-quarter sales fell 13 percent to $492 million due to a delay in delivery of semiconductor components that rendered the company unable to meet its December production and sales goals.
February 23,
2022 by HFBusiness Staff in Business Strategy, Industry
The International Sleep Products Association will host its first in-person event in two years when it stages the ISPA EXPO March 8-10 at the Orange County Convention Center in Orlando, Fla.