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Report: Sullivans exploring sale of its home décor business in wake of tariffs
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Report: Sullivans exploring sale of its home décor business in wake of tariffs
Gift and home decor wholesaler Sullivans is “exploring a sale” of its Sullivans Home Décor business in reaction to “market volatility and rising tariff-related cost,” according to an email sent out to its retail partners on Wednesday. In the emailed announcement, Sullivans CEO John Lanman detailed plans to “find a partner who will continue to build upon the strong foundation we’ve established over the past 50+ years.” “Over the past year, shifti…
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