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Napa Home & Garden Reacquired
January 6,
2013 by in UnCategorized
By Home Furnishings Business in Acquisition on January 7, 2013
Jerry and KC Cunningham, founders of Napa Home & Garden, have acquired the assets of the home and garden accents vendor from Teters Floral Products.
As part of this transaction, the Cunninghams have partnered with C&F Enterprises Inc., a leading textile and gift wholesaler, who will lend financial and operational support to Napa. Napa will continue to run its home and garden business from its Duluth, Ga., headquarters and maintain its national showrooms and sales force.¨¨In addition, Napa Home & Garden has announced it will to a new and larger showroom at AmericasMart Atlanta, Building 2, 1210, at the Jan. 9-16 Atlanta International Gift & Home Furnishings Market, January 8-16. The company also announced it will open a new permanent showroom in Las Vegas and continue to maintain its existing showrooms in Dallas and High Point.¨¨KC and I are very excited about resuming control of the company we started, said Jerry Cunningham, Napa Home & Garden CEO. We will be installing new, state of the art systems, expanding inventory levels and improving fill rates.
Cunningham added that Napa will utilize the large C&F warehouse facility in Newport News, Va., and be ready to fill orders in late January.
Napa will again be a family-run business, but with more show space, more products and better systems than we have ever had, Cunningham said.
The mission and the values of Napa are the same as ours, said James Fang, executive vice president of C&F Enterprises. We see a great future for Napa, with expanded growth, more innovation and irresistible product offerings.¨¨Were also very excited to premier our new Napa showroom in Atlanta, said KC Cunningham, Napa president and creative director. Buyers will now find us right at the bridge linking buildings 1 and 2 in AmericasMart. It is a fabulous location with lots of visibility.
Napa will introduce more than 400 new introductions in Atlanta and other showrooms.
Napa will host Showroom Celebration party at its new Atlanta showroom, AmericasMart, Building 2, 1210, on Saturday, Jan. 12, 5-8 p.m. Buyers can also enter a drawing to win numerous $500 merchandise credit prizes at the party.