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From Home Furnishing Business

Wayfair’s First Permanent Store Opens Today

Online powerhouse Wayfair (NYSE: W) is set to open its first permanent physical store today in Natick Mall in Massachusetts, according to a report from NBC Boston.

Ikea Establishes New Internal Business Unit, Ikea Home Smart

Ikea has announced its decision to invest more in its home smart area by establishing Ikea Home Smart as its own business unit within Ikea of Sweden.

HFB Editor Calls for HP New Product Photos by Sept. 20

Home Furnishings Business is already hard at work on its October issue, and the deadline to submit photos of product introductions for the fall High Point Market is Sept. 20.

The Outdoor GreatRoom Updates Cove Collection

The Outdoor GreatRoom Company, manufacturer of high-end outdoor furniture, fire pits, and accessories, has announced updates to its Cove fire pit table collection. 

Tempur Sealy Partners with Fullpower Technologies

Bedding supplier Tempur Sealy International, Inc. (NYSE: TPX) and sleep technology provider Fullpower Technologies, Inc. have announced a strategic partnership.

XPO Logistics Donates $10K to Operation Backpack

Transportation powerhouse XPO Logistics, Inc. (NYSE: XPO) has announced its donation of $10,000 to Operation Backpack, providing thousands of children in need with new backpacks filled with school supplies.

Fast Fact: Top Spending Furniture Consumers are High-Earning 35 to 44-year-olds

The majority of top-spending furniture consumers are high-earning married consumers, in their late 30s and early 40s with young children, living in urban areas, according to data from the U.S. Bureau of Labor Statistics’ 2017 Consumer Expenditure Survey.

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