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From Home Furnishing Business

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.

Kittle’s Promotes Lisa Hudak to President

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.

Sleep Number Q4 Sales Fall 13% Amid Semiconductor Delivery Delays

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.

More Than 200 Exhibitors Set for ISPA Expo March 8-10 in Orlando

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.

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