Tag Archives: commerce
Largest US Mattress Retailer Preparing To File For Bankruptcy
It has long been speculated that Mattress Firm, the US mattress retailing giant, was in a solvency crisis, largely as a result of the spectacular collapse of its parent, Steinhoff International Holdings NV following an accounting scandal in late 2017
2018 Dealer of the Year
Why do people not shop at BIG Lots for furniture more often?
I believe there are three main reasons. 1) It’s not what Big Lots is really known for. 2) Selection. 3) Service. Even before I was in the furniture business I’d look at the furniture at Big Lots while my wife
Retailpocalypse is about to get worse
Retail is set to have a record year of closures, spurred by the shuttering of Toys ‘R’ Us, Sam’s Club, Sears and Bon-Ton stores around the country, CNBC’s Lauren Thomas reports. “The amount of retail space going dark in 2018
The number of Americans working for themselves could triple by 2020
Americans are as eager to work as ever. Just no longer for somebody else. According to FreshBooks, a cloud-based accounting company that has conducted a study on self-employment for two years, the number of Americans working for themselves looks to
Steinhoff CEO/CFO Step Down
Markus Jooste, CEO for Steinhoff and Ben la Grange acting CFO, both step down under growing concerns about accounting irregularities. Markus led Steinhoff on a great run acquiring companies and growing Steinhoff into the second largest retailer in all of
Industry News affecting the Furniture Revolution
The Rise and Fall of Steinhoff, South Africa’s Global Retailer By Janice Kew December 6, 2017, 4:46 AM PST Steinhoff International Holdings NV, founded in 1964 as a German furniture seller, morphed into a South Africa-based retailer with global ambitions.
Company Acquires License & Marketing Rights for Simmons
The Internet has made the Mattress Business even sleazier
https://larrykozin.tumblr.com/post/166571365497/the-internet-has-made-the-mattress-business-even