South African retailer Massmart has booked an increase in annual profits on the back of improved sales. The company, in which Wal-Mart Stores owns a majority stake, yesterday (22 August) filed an 8.9% increase in underlying headline ...
Tags: WalMart Stores, annual profits, Operating profit, food retail
The global manufacturer and marketer of branded and private label apparel products for men,women and children,said that it has agreed to acquire the trademarks of LittleMissMatched. Founded in 2003 as a line of non-matching socks sold in ...
Tags: LittleMissMatched, private label apparel, iconic lifestyle brand
THE WOODLANDS, Texas — Retailer Conn's Inc. said it has priced its secondary offering of common stock at $26.75 per share and boosted the size of the offering by 500,000 shares. The company said the offering now consists of 5.5 ...
Tags: common stock, appliances, consumer electronics, furniture and bedding
Attendees will be able to preview a new cloud-based online business management solution that lets members check accounts payable and receivable, manage sales and transactions, inventory and more - all from their mobile devices. ...
Tags: Furniture, kitchen islands
TORONTO — Sleep Country Canada has become the first Canadian retailer to floor Octaspring, the high-end European all-foam spring mattress. The retailer rolled out the brand to its more than 150 stores across the country in early ...
Tags: cut-away view, mattress, restful sleep
LAS VEGAS — "Eco-chic" interior designer Sarah Barnard of Sarah Barnard Design in Santa Monica, Calif., will moderate a panel discussion about the value of consumer disclosure labeling in the specialty sleep marketplace at next ...
Tags: panel discussion, value of consumer disclosure labeling
The Specialty Sleep Assn. is moving to a new space at the Las Vegas Market, on the 15th floor of World Market Center Building C. The group said it expects 30 to 40 of its members to participate in showing in a 13,000-square-foot space, ...
Tags: SSA, sleep category, product innovation
Schmitt Furniture of New Albany, Ind., has joined the Furniture First buying group. With the addition of Schmitt, a family-owned full-line furniture retailer with a 76-year history in New Albany, Furniture First now has 194 members with ...
Tags: Furniture, Schmitt Furniture, Furniture First buying group
HOUSTON - Bedding retailer Mattress Firm said sales jumped more than 50% in the quarter ended Oct. 30 due largely to acquisitions and store openings. Same-store sales, however, also rose 6.6% in the quarter as the company continued to ...
Tags: Bedding, Mattress Firm, Mattress
HOUSTON - Fast-growing bedding retailer Mattress Firm has agreed to acquire Mattress Source, a 28-store bedding specialty chain based in Charlotte, N.C. The deal, which is valued at about $11.2 million, will result in Mattress Source's ...
Tags: Mattress, bedding, Mattress Firm
NEW YORK — Signaling the latest step in the evolution of the online flash sale sites, Gilt has introduced the Gilt Home Collection, a group of furniture, rugs and decorative accessories designed by Tom Delavan, creative director for ...
Tags: Furniture, rugs, decorative accessories, upholstered sofas
American Furniture Warehouse's Phoenix-area facility will be modeled after its 670,000-square-foot Englewood, Colo., corporate headquarters, store and distribution center. ENGLEWOOD, Colo. - Jake Jabs will take his American Furniture ...
Wright Global Graphic Solutions has promoted executives Vicki Fishman and Susan Rigsbee to new roles on its senior management team. Fishman has been promoted to vice president of marketing and Rigsbee has been named vice president of ...
Tags: Wright Global Graphic Solutions, promotion, senior management team
THE WOODLANDS, Texas — Furniture, electronics and appliance retailer Conn's posted net income of $11.8 million or 35 cents per share in its fiscal third quarter as higher margins and a strong furniture and bedding business continued ...
Outlast Technologies, leader in heat and moisture management, has developed the first polyester fiberfill with phase change materials (PCM) to proactively regulate the sleep environment. The new PCM polyester fiberfill can be blended with ...
Tags: Polyester Fiberfill, fiberfill, heat and moisture management