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From Home Furnishing Business

XPO Sells Truckload Operations in $558 Million Deal

Logistics giant XPO Logistics (XPO), whose clients include numerous furniture manufacturers and retailers, announced it has sold its truckload carrier operations to TransForce Inc. (TFI) for $558 million in cash.

Leggett & Platt Sales Slip 6%, Profits Flat in Q3

Furniture and bedding components supplier Leggett & Platt (LEG) said third-quarter profits were essentially even with last year’s third quarter, as sales declined 6% to $948.9 million.

Aaron’s Profits Jump 21% on Flat Q3 Revenues

Rent-to-own major Aaron’s Inc. (AAN) said third-quarter revenue rose less than 1%, but net income jumped more than 21% as its Progressive Finance subsidiary continued to perform well.

Dallas Market Center Rebrands, Expands Temporary Exhibits

A new name, a new design and new product offerings in temporary exhibit areas are on tap for the January Market in Dallas, with expanded opportunities for exhibitors and an extensive collection of curated merchandise for buyers at the Total Home & Gift Market, which takes place Jan. 18-22.

Computer System Problems Plague Rent-A-Center in Q3

Hampered by repeated outages of its new point-of-sale system, Rent-A-Center (RCII) said third-quarter revenues fell 12.3% to $693.9 million, including a 12% decline in same-store sales in its U.S. rent-to-own stores.

Tempur Sealy Sales Slip 5.4%, But Profits Nearly Double

Bedding major Tempur Sealy International (TPX) said third-quarter sales fell 5.4% to $832.4 million, but net income nearly doubled as gross margin improved and other costs were reduced.

Storis Launches Incentive Program for Beta Testing

Retail software provider Storis has launched a program that offers incentives for clients who take part in beta testing of upcoming Storis releases.

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