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From Home Furnishing Business

Stanley Revises Sale Agreement; Seeks Better Offers

Stanley Furniture (NASDAQ: STLY) said it has revised a previously announced sale agreement by increasing the purchase price for the company to $18.4 million and allowing the company to seek better offers until Feb. 5.

King Koil to Open Company-Owned Factory in Arizona

Mattress producer King Koil, which is transitioning from a licensee structure to a direct manufacturing model, will open its first company-owned factory in April in the Phoenix suburb of Avondale, Ariz.

Lazzaro Leather to Open First Permanent Vegas Showroom

Leather upholstery resource Lazzaro Leather will open its first permanent Las Vegas showroom in time for this month’s Winter Market.

Badgley Mischka Home to Make Las Vegas Market Debut

Badgley Mischka Home, an upper-end line of furniture, décor and home accent items, will make its Las Vegas Market debut this month in the Salon West section of the show, space C-500.

Rent-A-Center Signs Standstill Agreement Amid Buyout Talks

Rent-A-Center (NASDAQ: RCII) has signed a non-disclosure agreement with the investment firm Vintage Capital while the two sides discuss a buyout of the troubled rent-to-own major.

WithIt Reveals 2018 WOW Award Winners

WithIt, the women’s leadership development network for the home and furnishings industry, has named the recipients of the 2018 WOW Awards, which will be presented during a gala dinner on Sunday, Jan. 28th during the Las Vegas Market.

Primo Inks Distribution Deal with U.K. Mattress Producer

Simba, a U.K.-based producer of mattresses, adjustable beds and related sleep products primarily for e-commerce, has signed a distribution agreement with Canadian importer Primo International covering North and South America, Mexico and the Caribbean.

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