HOUSTON -- Mattress Firm has announced that two of its key owners, along with some members of management, will sell 4.7 million shares of stock in the retailer through an offering. No date was given for the offering. The underwriters of ...
Tags: Mattress
HIGH POINT -- Contemporary furnishings source Euro Style has doubled its space for the High Point Market with a new 14,067-square-foot showroom in the International Home Furnishings Center, space C-332. Previously, the company was in four ...
Tags: IHFC
WASHINGTON -- Unionized dockworkers and the operators of 14 East Coast and Gulf Coast ports have agreed to a 90-day extension of their current labor contract, ending the threat of a strike that could have shut down the ports on Sept. 30. ...
Tags: furniture
HIGH POINT -- Furniture/Today has announced that Indianapolis-based Kittle's Furniture and Hickory Springs Mfg. have been selected as this year's Retailer of the Year and Supplier of the Year. Both companies will be honored at the ...
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SANTERAMO IN COLLE, Italy -- Leather upholstery major Natuzzi said worldwide sales and profits fell in the second quarter, but sales in the U.S. and Canada were significantly above last year's second quarter. The company said worldwide ...
Tags: Leather upholstery
HIGH POINT -- Case goods importer Folio 21 will introduce a dining room program at the fall market here that the company says will complement its best-selling bedrooms and target the "sweet spot" between casual and formal dining. The ...
Tags: High Point Market
HIGH POINT -- With a new mezzanine level on the second floor, the High Point Market's Salon area at Market Square & Suites is adding 22 new exhibitors for the Oct. 13-18 market. The new upstairs area is accessed by an escalator in the ...
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HONG KONG -- Samson Holdings, parent company of Chinese case goods and upholstery producer Lacquer Craft, said its sales fell slightly in the first half of 2012, but profits increased due to lower cost of sales and reduced marketing ...
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SAN DIEGO -- Jerome's Furniture here as hired Phil Kenney as chief operating officer. His focus will be on "managed, smart growth for Jerome's," the company said in a release. Kenney formerly was group vice president at retail software ...
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BOSTON -- Online home furnishings retailer Wayfair has partnered with London-based Tesco, to offer furniture, lighting, decor and other home goods on the international retailer's Tesco Direct website. "Wayfair's participation in the ...
Tags: home furnishings
WASHINGTON -- The U.S. Consumer Product Safety Commission has announced a voluntary recall of 8,400 office chairs sold at Office Depot. The agency said Office Depot has received 78 reports of incidents involving seat plates breaking, ...
HIGH POINT -- Solid pine case goods specialist Brazil Furniture Group is moving to a new space for the October market here. The company, which had shown in Center Point since 1998, is moving to a 4,500-square-foot space in the Cramco ...
Tags: Brazil Furniture
HIGH POINT -- Art Resources, a manufacturer of high-end, hand-knotted rugs for 30 years, will show at the High Point Market for the first time in October. Art Resources will show a line of contemporary and transitional hand-knotted ...
Tags: Rug
WARREN, Mich. -- Art Van Furniture has promoted Ken Bussell to vice president-financial services. In a company memo, the retailer noted the promotion from director to vice president "recognizes the important role that Ken has filled since ...
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STOCKHOLM -- Ikea will accelerate its store opening pace over the next few years, as it aims for a bigger share on the market in the face of the global economic slowdown, according to reports by The Wall Street Journal and Reuters news ...