Daily News Archive
Brought to you by Home Furnishings Business
January 23,
2013 by in UnCategorized 
By Home Furnishings Business in Case Goods on January 24, 2013
Case goods and occasional furniture importer Acme Furniture is moving to an expanded showroom for the upcoming Las Vegas Furniture Market.
The company will show in a 31,000-square-foot showroom in space C-1401 of World Market Center Las Vegas. The new showroom is 50 percent larger than its previous space, which was located on the 12th floor of the C Building.
"Our business has been expanding very rapidly," said Gabriel Pu, senior sales vice president of Acme. "The time was right to increase our space so that we can show more of our fast-growing line. We've become a one-stop-shopping source for retailers of all sizes."
At the winter Las Vegas Market, Acme Furniture will introduce new products across all of its core categories, including case goods, upholstery and occasional. The line includes traditional, transitional and contemporary styles, with pricing in the midrange of the market.
January 23,
2013 by in UnCategorized
By Home Furnishings Business in Business Strategy on January 24, 2013
La-Z-Boy Inc. (NYSE: LZB) has closed on the land purchase in Monroe, Mich., to build a new headquarters.
La-Z-Boy purchased the 120 acres in Monroe, Mich., from the Sisters, Servants of the Immaculate Heart of Mary order.
The land purchase completion, combined with the finalization in December of a combination of Michigan state, county and local tax breaks and grants to support the project, paves the way for La-Z-Boy to begin final design of the building and site. The company has a goal of breaking ground and beginning construction in the spring with the expectation of moving into the new headquarters in late 2014 or the first half of 2015.
Preliminary plans include a LEED certified headquarters building nestled into a parcel of land across from an oak savannah. Many areas of the building will have views into the wooded area. Vegetated swales in the parking lots, walking trails for employees and other natural features including meadows are also part of the plan.
"We are delighted to have finalized the purchase of land from the IHM Sisters and are excited to be moving forward with the final design and construction of our new world headquarters," said Kurt Darrow, chairman, president and CEO of La-Z-Boy. "When completed, this landmark facility will provide an inspiring, innovative and collaborative work environment for our employees and highlight our evolving image as a worldwide leader in our industry."
January 23,
2013 by in UnCategorized
By Aggregated Content in Bedding on January 24, 2013
from http://www.reuters.com/article/2013/01/24/us-tempurpedic-results-idUSBRE90N1CE20130124?feedType=RSS&feedName=globalMarketsNews
Specialty mattress maker Tempur-Pedic International Inc's (TPX.N) fourth-quarter results beat Wall Street expectations, sending its shares up 27 percent after the bell.
Shares of the company were up at $45.25 in extended trading, after closing at $38.35 on the New York Stock Exchange on Thursday.
Tempur-Pedic has struggled to compete with rivals such as Select Comfort Corp (SCSS.O) and privately held Simmons Bedding Co and Serta Inc, whose aggressive marketing and promotional activities pinched market share from the company.
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January 23,
2013 by in UnCategorized
By Aggregated Content in Bedding on January 24, 2013
from http://www.cnbc.com/id/100406351
Select Comfort Corp.'s shares sank in after-hours trading Thursday after fourth-quarter results missed Wall Street forecasts and the company issued a disappointing full-year outlook.
Mattress makers overall have been struggling with intense competition as they battle to get consumers to make big-ticket purchases.
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January 23,
2013 by in UnCategorized
By Home Furnishings Business in Mattresses on January 24, 2013
Mattress vendor Englander Sleep Products has a new showroom for the upcoming Las Vegas Furniture Market.
Englander, Olive Branch, Miss., will showcase a new national line of hybrid specialty gel beds called LifeStyle, along with new gel-based Tension Ease and Anniversary models--a presentation that offers a broad range of popular gel foam products at retails from $499 to $1,899 in queen--in its new showroom, C-1596 of World Market Center Las Vegas. The nearly 6,000-square-foot contemporary showroom is designed to capture the movement and energy typified by consumers varied lifestyles.
Todays shoppers are attuned to the benefits of both sleeping comfort and coolness, said Kevin Toman, Englander CEO and president. As such, were excited about our expanded gel products and the merchandising and marketing opportunities they will afford a variety of retailers. We also look forward to welcoming customers to a new showroom which not only salutes our new LifeStyle collection, but reflects our focus on mattress designs that deliver better sleep to todays active consumers.
Also, Englander is incorporating gel foams into two new aggressively priced Anniversary beds. Expected to retail at $499 in plush and $599 in a pillow top design, the Anniversary models feature an innerspring core plus combinations of poly foam and gel foam layers.
Consumers identify gel as a desirable mattress component, Toman said. Our market objective is to give retailers a number of exceptionally strong gel stories to promote and sell.
January 23,
2013 by in UnCategorized
By Home Furnishings Business in Community/Charitable Support on January 24, 2013
Online home furnishings retailer One Kings Lane has renewed its sponsorship of Gift for Life, the gift and home decor industries' charitable organization.
In addition to a direct contribution, One Kings Lane will repeat its highly successful sales event, offering curated items from New York International Gift Fair, benefiting Gift for Life.
One Kings Lane is quite simply the best sort of partner one can have, said Leslie Nathan-Street, chair of the Gift for Life board. It is a successful business with tremendous heart, offering a unique set of support programs for Gift for Life.
Gift for Lifes mission is more important than ever, and we are proud to build awareness and support the cause through this special curated sales event, said Susan Feldman, co-founder and chief merchandising officer of One Kings Lane.
Items in the sale will come from a special Open House trend and product display during the summer 2013 NYIGF, August 17-21, at New York Citys Jacob K. Javits Convention Center and Passenger Ship Terminal Piers. The three-day sale will open on Sunday, August 18, at onekingslane.com.
Also, registration remains open Gift for Lifes Annual Party for Life, benefiting Design Industries Foundation Fighting AIDS, on Sunday, at The Boathouse at Central Park. Individual tickets are $125. For details, contact Steven Williams by e-mail, or at 212.727.3100.
January 23,
2013 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on January 24, 2013
Online residential design platform Houzz has honored Linda McDougald Design | Postcard from Paris Home with two Best of 2013 awards.
The Greenville, S.C., full-service design firm and home furnishings boutique was chosen by the more than 11 million monthly users that comprise the Houzz community. Linda McDougald Design | Postcard from Paris Home received The Houzz Best Of award two categories: Customer Satisfaction and Design.
Customer Satisfaction award winners are based on homeowner members who rated their experience working with professionals in 12 categories ranging from architects and interior designers to contractors and other residential remodeling professionals.
Design award winners work was the most popular among the community of 11 million monthly users, who saved more than 124 million professional images of home interiors and exteriors to their personal idea books via the Houzz site, iPad/iPhone app and Android app.
Houzz provides homeowners with an in-depth, 360-degree view of building, remodeling and design professionals through images of their work, reviews and an opportunity to interact with them directly in the Houzz community, said Liza Hausman, vice president of community. Were delighted to
recognize Linda McDougald Design | Postcard from Paris Home among our Best Of professionals for design and exceptional customer service as judged by our community of homeowners and design enthusiasts who are actively remodeling and decorating their homes.
Houzz has been an incredible avenue for us to share our design work with people across the country, said Linda McDougald, the firms principal and lead designer. Every day, we receive calls and emails from California to New York inquiring about a homes design, a piece of furniture within a room, color palettes and other related questions. And it has been an excellent forum for us to participate in conversations about all aspects of design. Houzz has responded to what so many homeowners are looking for--a comprehensive resource to locate ideas as well as professionals to support them in their design efforts. We enjoy being a part of that community.