Furniture

Berkline Benchcraft to Liquidate

Berkline Benchcraft to Liquidate

MORRISTOWN, Tenn.­–Berkline BenchCraft Holdings this morning announced that, after fully exploring its strategic alternatives, it has determined that an orderly liquidation of substantially all of the company’s assets is the only viable course of action.  Berkline had been pursuing a “going concern” asset sale, but was unable to find a buyer and secure needed financingMore »

Posturepedic Launch Brings First-Quarter Loss to Sealy

Posturepedic Launch Brings First-Quarter Loss to Sealy

TRINITY, N.C.-The rollout of the Next Generation Posturepedic line in late January was a key factor in Sealy’s $902,000 net loss in the first quarter. Larry Rogers, president and CEO, cited “significant strategic investments” in the new line, which represents a refreshment of about half of Sealy’s entire product portfolio, and which included a nationalMore »

High Point Market Authority Moving to Radio Building

High Point Market Authority Moving to Radio Building

HIGH POINT, N.C.–­The High Point Market Authority is moving into new offices following the April 2-7 Market. HPMA will occupy the seventh floor of the historic Radio Building, located at the corner of Main and Commerce Streets here. As of April 15, the HPMA’s new address will be 164 South Main Street, Suite 700, HighMore »

Borreggine Named ISPA Chairman

Borreggine Named ISPA Chairman

ALEXANDRIA, Va.–Gerry Borreggine, president and CEO of Therapedic, has been elected chairman of the International Sleep Products Association. Borreggine succeeds Don Wright, chairman of Wright of Thomasville, who served as ISPA’s chairman for the past 18 months. He said his agenda will focus on strengthening ISPA’s advocacy for the sleep-products industry in Washington and inMore »

WorldBed to Aid Japan Survivors

WorldBed to Aid Japan Survivors

HIGH POINT, N.C.–Bedding industry non-profit WorldBed will accept donations during the High Point Market to fund the delivery of emergency beds to Japan to aid earthquake survivors. The Specialty Sleep Association, located in the IHFC, has donated space to WorldBed to assist in the effort at IHFC M413. Created in 2005 to aid victims ofMore »

WithIt Offers Special Membership to Retail Sales Associates

WithIt Offers Special Membership to Retail Sales Associates

GREENSBORO, N.C.–WithIt has created a new Retail Sales Associate Member program, under which qualified sales associates can join the group for a fraction of the full membership price. By joining at the special $50 level, RSA WithIt members will earn benefits including free access to WithIt’s business webinars; the opportunity to connect with women acrossMore »

Bill Clinton to Speak at Las Vegas Market

Bill Clinton to Speak at Las Vegas Market

LAS VEGAS-Former President Bill Clinton will be the keynote speaker for the Summer 2011 Las Vegas Market, Aug. 1-5.  President Clinton’s speech, “A Conversation with Bill Clinton,” will focus on the challenge of globalization, emphasize our growing interdependence and point the way toward a common future based on shared goals and values. The conference willMore »

Gilt Groupe Acquires Decorati

Gilt Groupe Acquires Decorati

NEW YORK-Gilt Groupe, an online shopping destination, has acquired home decor site Decorati, expanding its footprint in home to include offerings for designers and trade-only manufacturers. Terms of the deal were not disclosed. Decorati is a destination site for upscale interior design products and services as well as a community for the display of designerMore »