Furniture and home furnishings manufacturing

Sen. Lindsey Graham, R-S.C., center, speaks during a news conference on on Capitol Hill in Washington, Monday, July 27, 2020, to highlight the Republican proposal for the next coronavirus stimulus bill. Joining Graham, from left, is Senate Majority Leader Mitch McConnell of Ky., Sen. Roy Blunt, R-Mo., Sent. Tim Scott, R-S.C., and Sen. Richard Shelby, R-Ala. (AP Photo/Susan Walsh)
1010 WINS Newsroom
July 28, 2020 - 8:43 pm
WASHINGTON (AP) — A new $1 trillion COVID-19 response package by Senate Republicans is supposed to give the government more weapons to battle the surging coronavirus pandemic. But GOP lawmakers have more than just the “invisible enemy” in mind. The Republican measure includes billions for F-35...
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FILE- In this April 29, 2020 file photo, a couple walks past a GNC store at the company's world headquarters in downtown Pittsburgh. The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Health and wellness company GNC Holdings has filed for Chapter 11 bankruptcy protection and is looking to close at least 800 to 1,200 stores. (AP Photo/Gene J. Puskar, File)
1010 WINS Newsroom
June 24, 2020 - 7:06 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the national and global response, the work place and the spread of the virus. ________________________ TRAVEL: — U.S. gasoline consumption is more than...
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Philip Krim, CEO and co-founder of sleep product company Casper, poses for a photo outside of the New York Stock Exchange, before their IPO, Thursday, Feb. 6, 2020. (AP Photo/Richard Drew)
1010 WINS Newsroom
February 06, 2020 - 6:13 pm
NEW YORK (AP) — Shares of online mattress pioneer Casper Sleep Inc. popped Thursday in their debut on the New York Stock Exchange. But the New York-based company still faces challenges to prove to investors it can profitably sell mattresses. Its shares closed at $13.50, up nearly 13% above the $12...
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FILE- In this Nov. 23, 2018, file photo shoppers walk through Dolphin Mall on Black Friday in Miami. Retailers and consumer product makers like American Textile may have received some short moment of reprieve after the Trump Administration delayed the 10% tariffs on some products which also include toys, clothing and shoes. (AP Photo/Lynne Sladky, File)
August 14, 2019 - 5:16 pm
NEW YORK (AP) — Lance Ruttenberg knows too well how fast President Donald Trump's China trade policies can change. As president and CEO of American Textile Co., he and his team spent weeks on a comprehensive study analyzing how a 10% tariff set for Sept. 1 would affect their business, which makes...
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FILE- In this Aug. 9, 2018, file photo, Customers stand outside Ikea's first store in India as it opened in Hyderabad, India. India is a test case for whether Ikea should keep shifting resources toward emerging economies, including Latin America and China, given the saturation of markets in Europe and the United States, and the possibility of another global recession. Six months after Ikea opened its first store in Hyderabad, the 400,000-square-foot cornucopia of furniture, linens, kitchenware and other goodies is drawing between 10,000 and 30,000 visitors per day. (AP Photo/Mahesh Kumar A, File)
February 15, 2019 - 12:23 am
HYDERABAD, India (AP) — In Hyderabad's bustling Nampally furniture market, customers explore a crowded, dusty labyrinth of shops, haggle over prices and work with carpenters to design made-to-order housewares. This is the competition Swedish giant Ikea faces in tackling the $40 billion Indian...
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FILE - In this Aug.9, 2018, file photo, Indian customers return after shopping at IKEA's first store in India as it opened in Hyderabad, India. Swedish home furnishings giant Ikea announced plans on Friday, Jan. 11, 2019, to open its first New Zealand store. The company said it would build the store near the largest city of Auckland over the next few years, and would open a pop-up store to give customers a taste of what was to come before the flagship store opened. (AP Photo/Mahesh Kumar A., File)
January 10, 2019 - 10:35 pm
WELLINGTON, New Zealand (AP) — Swedish home furnishings giant Ikea announced plans on Friday to open its first New Zealand store. The company said it would build the store near the largest city of Auckland over the next few years, and would open a pop-up store to give customers a taste of what was...
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FILE - In this April 20, 2018, file photo, then Nissan Chairman Carlos Ghosn speaks during an interview in Hong Kong. A Japanese news report says former Nissan chairman Ghosn will be detained at least through Jan. 11, 2019. Ghosn, who led Nissan Motor Co. for two decades saving the Japanese automaker from near bankruptcy, was arrested Nov. 19, 2018, on suspicion of falsifying financial reports.(AP Photo/Kin Cheung, File)
December 30, 2018 - 11:12 pm
TOKYO (AP) — Former Nissan chairman Carlos Ghosn will be detained at least through Jan. 11, the Tokyo District Court said Monday, as the once revered auto industry figure faces allegations that have marked a stunning downfall. Ghosn, who led Nissan Motor Co. for two decades and helped save the...
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FILE - This Thursday, Feb. 26, 2015 file photo shows Italian designer Roberto Cavalli speaking to reporters, prior to the start of his Just Cavalli women's fall-winter 2015-16 collection, as part of the Milan Fashion Week, Milan, Italy. The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain. (AP Photo/Luca Bruno, File)
November 28, 2018 - 12:25 pm
MILAN (AP) — The Roberto Cavalli fashion house is looking for future growth in the home decor and furniture sector, with a new project furnishing a luxury residential building in Bahrain. CEO Gian Giacomo Ferraris said Wednesday that revenues from home furnishings sales have increased to 8 percent...
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In this Friday, Nov. 16, 2018, photo a display shows two large Lego toys on a slide near the toy section at a Target store in Bridgewater, N.J. Companies from Target to online mattress company Casper aren’t just counting on a stronger economy to pump up sales. Target’s CEO Brian Cornell estimated last month there’s up to $100 billion in market share for grabs, double what he foresaw just a year ago. So Target is accelerating its store remodels in areas where bankrupt retailers had stores. (AP Photo/Julio Cortez)
November 21, 2018 - 12:40 pm
NEW YORK (AP) — Toys R Us and Bon-Ton may be gone but they haven't been forgotten. Companies like Target and online mattress company Casper are creating playbooks to pick up market share that those and other defunct or dying retailers left behind. Casper, for instance, is teaming up with department...
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October 05, 2018 - 1:17 pm
HOUSTON (AP) — Mattress Firm, Inc., the nation's largest mattress retailer, is filing for bankruptcy protection and plans to close up to 700 stores around the country. The Houston-based company filed for Chapter 11 bankruptcy protection Friday in federal court in Delaware. According to court...
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