FurnitureCore
Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google
Advertisement
[Ad_40_Under_40]

Get the latest industry scoop

Subscribe
rss

Daily News

From Home Furnishing Business

Franchise Group Announces 2Q Results & Discloses Merger Plans

Franchise Group, Inc. announced the financial results for its fiscal second quarter ended July 1. 

Franchise Group Enters Merger Agreement and Plans to Go Private

Franchise Group, Inc. announced that it has entered into a definitive agreement and plan of merger pursuant to which members of the senior management team of Franchise Group led by Brian Kahn, the Company’s chief executive officer, (collectively with affiliates and related parties of the senior management team, the “Management Group”), in financial partnership with a consortium that includes B. Riley Financial, Inc. and Irradiant Partners, will acquire the approximately 64% of the Company’s issued and outstanding common stock that the Management Group does not presently own or control. 

Franchise Group Announces Unsolicited Non-Binding Proposal

Franchise Group, Inc. announced that it has received an unsolicited non-binding proposal, which is subject to certain conditions, to acquire all of the outstanding shares of the common stock of the Company for a price of $30.00 per share in cash.

Franchise Group Sells Badcock Distribution Centers

Franchise Group, Inc. (NASDAQ: FRG) has announced that it has completed the sale-leaseback of all three W.S. Badcock Corporation distribution centers for gross proceeds of approximately $150 million to affiliates of Oak Street Real Estate Capital, a division of Blue Owl Capital.

Franchise Group Acquires FFO Home, All Stores to Rebrand to American Freight

Franchise Group, Inc. (NASDAQ: FRG) announced its completed acquisition of FFO Home, a regional retailer of furniture and mattresses. Starting immediately, over 30 FFO Home stores throughout the Midwest will be rebranded to American Freight Furniture, Mattress, Appliance.  

Franchise Group to Buy FFO Home

Franchise Group, Inc. (NASDAQ: FRG), an operator of franchised businesses that include Buddy’s Home Furnishings and American Freight, has signed an agreement to acquire FFO Home, a furniture retailer with 31 stores in Arkansas, Indiana, Kentucky, Missouri and Oklahoma.

Franchise Group Taps Todd Evans as Chief Franchising Officer

Franchise Group, Inc. (NASDAQ: FRG), an operator of franchised and franchisable businesses that include Buddy’s Home Furnishings and American Freight, has appointed Todd Evans to the newly created role of chief franchising officer.   

EMP
Performance Groups
HFB Designer Weekly
HFBSChell I love HFB
HFB Designer Weekly