Author Archives: David Gill

David Gill

About David Gill

Senior Editor | dgill@hfnmag.com

Consumer Confidence Falls in September

Conference Board

NEW YORK-After four straight months of gains, the consumer confidence index dived 7.4 points in September, according to The Conference Board, which compiles the monthly indicator. The index’s September reading was 86.0, down from 93.4 in August. The expectations index and present situations index, the two component indexes for the overall number, both dropped asMore »

Last updated: October 1, 2014

Mattress Firm Closes Purchase of Back to Bed, M World Mattress, MCStores and TBE Orlando

Mattress Firm

HOUSTON-Mattress Firm has completed the acquisition of the mattress specialty retail assets of Back to Bed Inc., M World Mattress, MCStores and TBE Orlando. Collectively, these companies operate Back to Bed and Bedding Experts retail stores in Illinois, Indiana and Wisconsin, and Bedding Experts and Mattress Barn stores in Florida. The acquisition adds about 135More »

Last updated: October 1, 2014

Family Dollar: States Looking Into Dollar General Proposal

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MATTHEWS, N.C.-A number of state attorneys general are investigating Dollar General’s bid to acquire Family Dollar, according to a filing by Family Dollar with the U.S. Securities and Exchange Commission. The filing consists of a number of amendments to an earlier SEC filing made by Family Dollar related to Dollar General’s offer to purchase allMore »

Last updated: September 30, 2014

Instagram’s Systrom Joins Walmart Board

Kevin Systrom

BENTONVILLE, Ark.-Walmart’s board of directors has appointed Kevin Systrom, co-founder and CEO of Instagram, to the board, effective Sept. 26. Systrom, who is the 15th member of the retailer’s board, also serves as a member of the company’s Technology and E-commerce Committee and its Compensation, Nominating and Governance Committee. Rob Walton, Walmart’s chairman, said Systrom’sMore »

Last updated: September 30, 2014

Haier Opens New North American HQ

Haier America

WAYNE, N.J.-Haier America has opened its new North American headquarters here, moving it from New York City. The facility, which measures 56,000 square feet, now houses 200 Haier staff members, with room to grow as the company increases its U.S. presence, according to a Haier statement. Adrian Micu, president and CEO of Haier America, saidMore »

Last updated: September 30, 2014

Grand to Receive HFPA Lifetime Achievement Award

Mark Grand

NEW YORK-Mark Grand, president of Peking Handicraft, will receive the Carl Goldstein Lifetime Achievement Award from the Home Fashion Products Association at its annual meeting on Nov. 13. The award, named for the late vice chairman of S. Lichtenberg & Co., recognizes Grand’s commitment and dedication to the HFPA, its board of directors and theMore »

Last updated: September 29, 2014

bedgear to Show at High Point Market

HighPointMarket_darkBkgrd

HIGH POINT, N.C.-bedgear, a manufacturer of “performance” bedding, will exhibit at next month’s High Point Market, taking space PS 1-500 on the first floor of the Plaza Suites. The company produces bed pillows, pillow protectors, mattress protectors and mattress encasements. Eugene Alletto, bedgear’s CEO, said, “We know that High Point provides quality time for visitsMore »

Last updated: September 29, 2014

Maison & Objet Welcomed Almost 67,000 Visitors

maison&objetLOGO

PARIS-This month’s Maison & Objet played host to 66,962 visitors, up 1.1 percent from the attendee count from the September 2013 show, according to a statement from the show. A total of 3,445 companies exhibited at the show, up 5 percent from last year. This included 650 exhibitors that were new to the show, theMore »

Last updated: September 29, 2014