Ekornes adds North Carolina assembly for 2 top-selling Stressless power recliners
MORGANTON, N.C. – Stressless Mike and Max power recliners are now being assembled at the J.E. Ekornes USA facility in Morganton, North Carolina. Over the …
Category: Expansion strategies
Maxwood Furniture expands domestic warehouse capacity
CHARLESTON, S.C. – Youth and adult bedroom resource Maxwood Furniture is opening a second South Carolina warehouse, a move that will nearly quadruple its existing …
Bassett Furniture acquires Canadian e-commerce retailer Noa Home
BASSETT, Va. – Whole-home furniture resource Bassett Furniture announced today that it has acquired Noa Home, a mid-priced ecommerce furniture retailer based in Montreal. The …
Broad River’s outdoor category grows double digits
What a difference a year can make in outdoor retail. A 19 percentage point difference, as it turns out. A year ago, Broad River Retail, …
Broad River cuts ribbon on latest South Carolina, Ashley store
GREENWOOD, S.C. — Broad River Retail (BRR), one of the largest and fastest growing independently owned and operated Ashley Store licensees, celebrated the ribbon-cutting ceremony …
Flexsteel explains decision to reject CSC bid in letter to retail partners
DUBUQUE, Iowa – Following its rejection of CSC Generation’s bid to acquire the company, Flexsteel’s President and CEO Jerry Dittmer sent a letter to dealers …
Making sense of tariffs – and duties – on hardwood plywood
Companies not already sourcing these materials from domestic resources are paying close attention to their supply chain to avoid the higher costs HIGH POINT — …
Broad River Retail celebrates Spartanburg DC opening
SPARTANBURG, S.C. — Broad River Retail (BRR), one of the largest and fastest growing independently owned and operated Ashley Store licensees, celebrated the ribbon-cutting ceremony …
Purple Innovation acquires gel-based mattress resource Intellibed
LEHI, Utah — Mattress manufacturer Purple Innovation announced it has acquired gel-based mattress manufacturer Intellibed, a deal in which Intellibed shareholders will receive 8 million …
Kingsdown adds Malaysian licensee Luxury Sleep Products
MEBANE, N.C. – Luxury bedding manufacturer, Kingsdown, Inc. is further expanding its international presence through a partnership with a new Malaysian licensee Luxury Sleep Products Sdn. Bhd, …
