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 …
Category: Expansion strategies
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, …
Metro Mattress enters Connecticut
GREENWICH, Conn. — Sleep retailer Metro Mattress has entered the Connecticut market with a store that features a first-of-its-kind Chattam & Wells boutique. The two-level, 2,500-square-foot …
Making sense of CSC Generation’s buyout offer of Flexsteel
Just who is ‘No Comment’ king Justin Yoshimura? This past week, CSC Generation initiated an unsolicited takeover bid of Flexsteel with an offer of $20.80 …
