September 24,
2010 by in UnCategorized 
By Aggregated Content in Business Strategy on September 25, 2010
from http://c.moreover.com/click/here.pl?r3208575904&f=10761
Target Corp. plans to open its first store in a new, smaller format in Seattle in 2012, with plans to expand to 10 other markets in such cities as San Francisco and Baltimore in the next few years.
Read Full Article...
September 24,
2010 by in UnCategorized
By Aggregated Content in Furniture Retailing on September 25, 2010
from http://c.moreover.com/click/here.pl?r3208371683&f=10761
Ikea is going enthusiastically blue with an entire range of products that feature the shade, one that already is emblematic for the retailer.
Read Full Article...
September 23,
2010 by in UnCategorized
By Aggregated Content in Furniture Retailing on September 24, 2010
from http://c.moreover.com/click/here.pl?r3205169729&f=10761
Furniture was on the list of expenses for this summer's G20 summit this summer in Toronto, Canada. The breakdown shows $315,000 for high-end furniture, and another $420,000 for standard furniture.
Read Full Article...
September 23,
2010 by in UnCategorized
By Home Furnishings Business in Community/Charitable Support on September 24, 2010
Kincaid Furniture will donate 1 percent of wholesale price for each item from its new Homecoming collection to Habitat for Humanity.
Kincaid, a La-Z-Boy Inc. company, says it's the first time a furniture company has supported Habitat for Humanity International's global affordable housing work with a multi-year national relationship.
The cornerstone of the three-year partnership is centered on Hudson, N.C.-based Kincaid's new furniture collection, Homecoming, which will debut this October at the High Point Furniture Market. For each Homecoming collection item sold, Kincaid will donate 1 percent of the wholesale price to Habitat for Humanity.
The Homecoming collection includes more than 100 pieces crafted of solid pine, solid maple and solid walnut. Homecoming also is the pilot collection for the American Home Furnishings Association(http://www.ahfa.us)'s multi-phased Eco3Home program, signifying that each piece meets or exceeds all mandatory and voluntary standards for safety, health and environmental stewardship.
"We are incredibly honored to be Habitat for Humanity's first national furniture corporate partner," said Steve Kincaid, president of Kincaid Furniture. "Our hope is that many of Kincaid's retail partners will also join this exciting program and make differences in each of their communities by partnering with one of the more than 1,500 local Habitat affiliates throughout the United States."
"Habitat for Humanity is grateful to Kincaid Furniture for joining with us to help ensure even more families live in decent housing," said Mark Crozet, senior vice president of Resource Development for Habitat for Humanity International. "This partnership with Kincaid will help to build lives and transform communities."
Habitat for Humanity corporate partners include: Bank of America, Citi Foundation, The Dow Chemical Company, Lowe's, Schneider Electric, The Home Depot Foundation, Thrivent Financial for Lutherans, Valspar, Whirlpool, Yale and others.
September 23,
2010 by in UnCategorized
By Home Furnishings Business in Bedroom on September 24, 2010
Full-line furniture importer PCH Marketing has partnered with Chinese manufacturer Zhenjiang Buleni Furniture for a vertically integrated upholstery operation.
PCH, High Point, also has launched a new bedroom division with goods sourced in Vietnam.
Zhenjiang Buleni Furniture produces textiles from its 9-year-old suede mill and 5-year-old chenille mill; and finished upholstery from a newly expanded upholstery factory in China. PCH Marketing and Buleni have worked together for the past two years and have completed an agreement to make a vertical operation from textile weaving to completed upholstery. The vertical nature of this partnership will allow the highest possible value in imported upholstery as well as streamlined operations/logistics and communications for the retailer.
Zhenjiang Buelni Furniture is owned and operated by Tina Qin. PCH Marketing is owned and operated by Phillip Hood.
PCH's new bedroom division, "Phillip Charles Home," will introduce eigh bedrooms from Vietnam at the October High Point Furniture Market. The designs, timely and high valued with excellent finishes, will retailfrom $999 to $1,799.
"I have been in the import Bedroom business from the early 1990s developing styles and finishes for a wide range of importers and manufacturers," Hood said. "My efforts have been focused in other categories for the last five years. The return to case goods is based on opportunity at the factory level and need at the retail level."