The first ProSource board of directors was announced here this week, marking the formal merger of the Progressive Retailers Organization (PRO Group) and the Home Entertainment Source (HES) buying groups. The announcement was made on the ...
The American Home Furnishings Alliance has awarded Ethan Allen its Sustainable by Design registration, recognizing the manufacturer and retailer's environmentally friendly manufacturing processes. The company also has expanded its ...
LyondellBasell (NYSE: LYB) today announced that its methanol plant at Channelview, Texas, was placed into service in the fourth-quarter 2013 to take advantage of low-cost natural gas from shale formations. The unit had been out of service ...
Tags: LyondellBasell, methanol plant, Channelview, re-start
h.h.gregg said its decision to stay above the promotional fray during the holiday season hurt sales. According to preliminary estimates, net sales fell 11.6 percent to $707.1 million, and comp sales decreased 11.2 percent, for the third ...
Tags: h.h.gregg, net sales, comp sales, holiday sales
The new year will look a lot like the old year for the mattress industry. That's the inference from the most recent bedding forecasts issued by the International Sleep Products Assn., whose statistics committee convenes as a forecast ...
Tags: Bedding Products, Light Industry, Daily Use
American Securities LLC, a leading U.S. private equity firm, announced that, in partnership with management, it has completed the acquisition of Frontier Spinning Mills Holding Corp., a leading producer of cotton yarn for the knitting and ...
Holiday sales between Nov. 1 and Dec. 24 rose 2.3 percent from the same period the year before, according to preliminary data from MasterCard Inc 's Spending Pulse unit. That marks improvement versus the 0.7 percent gain a year earlier. ...
Tags: holiday sales, MasterCard, SpendingPulse, U.S.retail sales
Bob Lawrence plans to step down as CEO of the BrandSource buying group by the end of 2014. A search committee led by BrandSource dealers will begin an internal and external hunt for his successor beginning in January. Lawrence, who has ...
Tags: Bob Lawrence, BrandSource
CRAiLAR Technologies Inc., which produces and markets CRAiLAR Flax fiber The Friendliest Fiber On The Planet, announced that it has completed a General Supply Agreement and CA$3.2 million of financing with Ikea. IKEA has extended the ...
Tags: Flax Fiber, Ikea
The Sustainable Furnishings Council has updated its Exemplary Manufacturer Requirements for home furnishings manufacturers. The new requirements are available for review and public comment through the end of January. They include ...
Tags: Furniture, Furnishing
Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, announced the sale by an affiliate of its investment in Frontier ...
Tags: Frontier Spinning, Sun Capital
Rug and pillow manufacturer Loloi is adding nine new rug collections to its product mix in time for the concurrent Atlanta International Gift & Home Furnishings Market and Atlanta International Area Rug Market next month. The rugs vary in ...
Tags: Pillow, Rug, Light Industry, Daily Use
The Bombay brand, having reestablished itself in new furniture last year, could soon expand into several other licensed categories - including fabric and upholstery. The Wildflower Group, a licensing and branding agency, said it is ...
Greensboro, N.C.-based Burlington, a division of International Textile Group Inc. (ITG), is celebrating its 90th anniversary this year. The company was established in 1923 in Burlington, N.C., by J. Spencer Love, who had purchased his ...
Tags: textile, Burlington
UK bedding brand, The Fine Bedding Company, has launched a new website to boost online sales and help it achieve ambitious growth in 2014. The website, which has been designed and built by Manchester-based digital agency, Studio North, ...
Tags: Furniture, Furnishing