Spring Air posts 51% increase in 2021 sales to $118M
WOBURN, Mass. — Privately held Spring Air International reported a 2021 sales of $118 million, up 51% over $78 million a year ago. The percentage growth …
Category: Expansion strategies
Maxwood Furniture exec talks expansion in Vietnam’s tight labor market
Company President Stephen Jensen recently shared thoughts with Home News Now about opportunities and challenges in Vietnam HO CHI MINH CITY, Vietnam – Recently bedroom …
Rotmans parent preps for spinoff of non-furniture businesses
Vystar will split into two, clearing the path for a reverse merger between the home furnishings retailer and potential industry candidates WORCESTER, Mass. — Vystar …
American Woodcrafters launches new website giving retailers access to quick-ship items
High Point, N.C.: Mid-priced case goods resource American Woodcrafters (AWC), a specialist in coastal, cabin, condo and youth bedroom and dining furniture, has launched a …
A Covid pulse check on Ikea’s 5-year plan
New stores imminent in San Francisco and South America; price hikes on the way In October 2018, roughly 18 months before Covid first asserted itself …
Therapedic International releases product video presentation
PRINCETON, N.J. – Bedding manufacturer Therapedic International has launched a collection of videos that focus on its latest introductions at the Las Vegas Market. The …
Office Depot launches Elizabeth Sutton office chair collection
New York/Miami — Office Depot is determined to make the home/commercial office environment much more inspirational as Americans go back to work. The leading office …
Havertys accelerates expansion on heels of record year
ATLANTA — After posting record profits and its first $1 billion sales year, Havertys appears ready to keep the momentum going with its most aggressive …
Stanton Sofas expands through consolidation
With the move to a single 185,000-square-foot plant from four smaller facilities and with more growth planned, the company is speeding up deliveries of both …
Labor challenges in the furniture C-suite
GREENSBORO, N.C. — We’ve heard all about the labor challenges facing retailers and suppliers in the store, in the warehouse, in the factory, but Randy …
