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From Home Furnishing Business

RH Announces Acquisitions and Hires to Change The Landscape of Design

RH announced the acquisition of Dmitriy & Co, a to-the-trade custom upholstery atelier, and the hiring of Dmitriy founders, Donna and David Feldman, to create RH Couture Upholstery, the acquisition of the business of Jeup, Inc., a to-the-trade custom furniture atelier, and the hiring of Joseph Jeup to create RH Bespoke Furniture.

Corsicana Files for Bankruptcy, Proposed Acquisition by Blue Torch Finance

Corsicana Mattress Company and certain of its affiliated entities filed for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code in the Northern District of Texas in Fort Worth.

J.B. Hunt Acquires Bassett’s Subsidiary, Zenith Freight Lines

J.B. Hunt Transport Services (NASDAQ: JBHT) has announced its acquisition of  Zenith Freight Lines, a wholly-owned subsidiary of Bassett Furniture Industries (NASDAQ: BSET) for $87 million in cash.

Rugs Direct Acquires Lightopia

Rugs Direct Holdings, LLC has announced its acquisition of Lightopia, LLC, an omnichannel lighting retailer for residential customers and trade professionals.

Twin Star Home Acquires Classic Accessories, Expands Omnichannel Presence

Twin Star Home, an omnichannel resource for electric fireplaces and home furnishings, has announced the acquisition of Classic Accessories, a leading provider of products that protect and enhance outdoor living and leisure, which include covers for patio and garden furnishings, cushions and accessories.

Herman Miller to Acquire Knoll

Office furniture company Herman Miller Inc. has announced it is acquiring rival Knoll Inc. for $1.8 billion, moving to take advantage of workplace renovations and restructurings as the pandemic eases.

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.

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