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A Murphy bed (also known as a pull-down bed, fold-down bed, or wall bed) is a bed that is hinged at one end to store vertically against the wall, or inside a closet or cabinet. Since they often can be used as both a bed or a closet, Murphy beds are multifunctional furniture .
The kline, used from the late seventh century BCE, [33] was a multipurpose piece used as a bed, but also as a sofa and for reclining during meals. [34] It was rectangular and supported on four legs, two of which could be longer than the other, providing support for an armrest or headboard. [ 35 ]
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In 2022 Wayfair was facing losses and a stock drop of 70% from the beginning of the year through August, and posted a loss of $378 million in Q2 of 2022. [47] The CEO's letter notes severance packages of 10 weeks pay minimum to US-based employees. Those packages are expected to cost the company between $30 and $40 million.
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