December Furniture store sales jump 3.1%
WASHINGTON — Sales for U.S. furniture and home furnishings stores finished the year on a high note, up 3.1% from the same period a year …
Tag: Up Close
Avalon exec establishes GoFundMe for injured Mike Hyde
JACKSON, Miss. — Mike Hyde, a well-known industry sales rep to key accounts and former co-owner of Seminole Furniture, was partially paralyzed in a Jeep …
What will 2021 hold? Casual industry leaders weigh in
Note: This story appeared first in Casual News Now, HNN’s sister website and newsletter for the casual home furnishings industry launched Thursday. Click here to …
Blog: A familiar end to this Loves affair?
Back in May, Matt Damiani (then CEO of Loves Furniture & Mattresses) told me the new Michigan-based chain was not going to be “Art Van …
Loves Furniture files for bankruptcy
Loves Furniture & Mattresses filed for Chapter 11 bankruptcy protection late Wednesday and is preparing to liquidate its remaining stores.
Furniture Mart USA CEO Heinitz retires
Veteran leadership succession team announced but the CEO post remains open SIOUX FALLS, S.D. — Jim Heinitz, CEO of Furniture Mart USA, retired from the …
Rent-A-Center to fuel virtual lease-to-own growth with $1.65B Acima acquisition
Rent-A-Center announced plans to acquire virtual lease-to-own company Acima Holdings in a $1.65 billion deal expected to propel its Preferred Lease business past $2 billion in annual revenues and its overall revenue past $4 billion.
Blog: Has time and COVID made furniture markets obsolete?
Therapedic International’s CEO says the pandemic has opened eyes to both the value and under-utilization of market showrooms.
Glen Raven invests in major expansion
Glen Raven is devoting more than $65 million to create additional capacity and support ongoing sustainability initiatives. BURLINGTON, N.C. — Glen Raven Custom Fabrics announced …
7 tools to gauge the direction of the economy and 1 thought on rising ransomware attacks
CPA and author Gene Marks says government statistics are politicized and lagging, and economists don’t have all the answers, either SAN DIEGO — Columnist, author …
