February 19,
2020 by Laurie Northington in Business Strategy, Industry
HS Manufacturing, LLC (Hickory Springs), a division of Hickory Springs Manufacturing Company (HSM), and supplier of components for the furniture and bedding industries, has launched an e-commerce website to provide small-batch upholstery manufacturers the ability to quickly procure upholstery supplies with minimal hassle.
February 19,
2020 by Laurie Northington in Business Strategy, Industry
Bed Bath & Beyond Inc. (NASDAQ: BBBY) has announced that it has entered into a definitive agreement to sell its PersonalizationMall.com business to 1-800-FLOWERS.COM, Inc. for $252 million, subject to certain working capital and other adjustments.
February 19,
2020 by Laurie Northington in Business Strategy, Industry
Minnesota-based Acme Made, a brand in parent company The Airtex Group and provider of high-quality backpacks, totes and laptop sleeves, has announced its new collection of eco-friendly kids soft seating furniture.
February 18,
2020 by Laurie Northington in Bankruptcy, Industry
Home furnishings and décor retailer Pier 1 Imports, Inc. (NYSE: PIR) has announced it has filed for bankruptcy and is seeking a sale of the company, according to a report from Reuters.
February 18,
2020 by Laurie Northington in Business Strategy, Industry
The Upholstered Furniture Action Council (UFAC), a long-running safety effort aimed at reducing residential upholstery fires caused by smoldering cigarettes, is set to launch an upgraded testing and consumer outreach program to certify upholstered furniture products as being free of the most widely used flame-retardant (FR) chemicals.
February 18,
2020 by Laurie Northington in Business Strategy, Industry
Mattress manufacturer Mlily USA has announced the launch of its first national advertising campaign, taking its message to the iHeartRadio airwaves during Presidents Day.
February 17,
2020 by Laurie Northington in Business Strategy, Industry
In what’s considered by many as the ‘Retail Apocalypse,’ retail store closings in 2019 are on pace to exceed closings in 2018, according to the most recent data from the U.S. Census Bureau’s Statistics of U.S. Business.