June 9,
2017 by Larry Thomas in Business Strategy, Industry
DAW’s Home Furnishings in El Paso, Texas, and George’s Furniture and Mattresses in Napoleon, Ohio, are the two newest members of Furniture First, a national buying group for independent retailers.
June 8,
2017 by Larry Thomas in Business Strategy, Industry
Dissident Rent-A-Center shareholder Engaged Capital has succeeded in ousting three of the company’s directors, including longtime board chairman Mark Speese.
June 8,
2017 by Larry Thomas in Financial Reports, Industry, Mattresses, Product
Steinhoff International, the South African retail conglomerate that acquired Mattress Firm last year, said revenues shot up 48% to $10.17 billion euros (about $11.45 million) in the six months ended March 31 – the first half of its fiscal year.
June 8,
2017 by Larry Thomas in Community / Charitable Support, Industry, Mattresses, Product
Sleep accessories resource PureCare and mattress producer Therapedic International joined forces to donate mattresses, pillows, sheets, comforters, and related products to Saint Peter’s Orphanage in Denville, N.J., a residential home and treatment facility for boys aged 12 to 17 who have been abused, abandoned or neglected.
June 8,
2017 by Larry Thomas in Industry, Special Events
Alyssa Henry of Florida-based Hudson’s Furniture is headed home from this week’s Home Furnishings Alliance networking conference in San Antonio with an extra $1,500, thanks to a cowboy-themed promotion sponsored by mattress producer Restonic.
June 7,
2017 by Larry Thomas in Acquisition, Industry
Motion upholstery producer Southern Motion has agreed to be acquired by the private equity firm Gainline Capital Partners LP.
June 7,
2017 by Larry Thomas in Business Strategy, Industry
Serta Simmons Bedding said it has signed a three-year agreement with memory foam producer Sinomax USA to develop bed-in-a-box products for its Serta and Simmons Beautyrest brands.