Daily News Archive
Brought to you by Home Furnishings Business
August 11,
2010 by in UnCategorized
By Home Furnishings Business in Executive Changes on August 12, 2010
Stanley Furniture Co., Stanleytown, Va., (NASDAQ:STLY) has named Micah Goldstein chief operating officer.
Goldstein, currently president and CEO of hydraulic equipment trailers manufacturer Bri-Mar Manufacturing, plans to join the company August 23.
Stanley also announced Wednesday that Douglas I. Payne will retire as executive vice president of finance and administration in January 2011. Following a transition period between now and then, the company plans for Goldstein to become chief financial officer in addition to his duties as COO.
"I am confident in the company's strategy with the restructuring plan announced in May 2010 and look forward to effecting a smooth transition to Micah," Payne said.
August 11,
2010 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on August 12, 2010
Artifacts Fine Furniture will close its furniture store this fall in Hyannis, Mass., the Cape Cod Times reported Wednesday.
"There's so many changes in the business," Margaret Ross, co-owner, said in the report. "A furniture showroom is superfluous."
Grand Rapids, Mi.-based Lynch Sales Co. will coordinate a going-out-of-business sale starting this weekend.
Artifacts started after Ross and co-owner John Bredice met as fellow employees at the now-defunct Myers Furniture in Hyannis, where she was a designer and he was a buyer and manager.
August 11,
2010 by in UnCategorized
By Home Furnishings Business in Internet on August 12, 2010
HomeFurnishings.com and the Interior Design Society have formed a strategic marketing partnership through which IDS members may be prominently featured on HomeFurnishings.com's consumer Web portal.
With this new partnership, participating IDS members will be featured on a new "Find a Designer" locator on the HomeFurnishings.com site. Designers can designate the markets they service and include contact information as well as a link to their own Web site, where consumers can read testimonials or view photos showcasing the designer's work. Designers also have the opportunity to have photos of their work included within the image galleries on HomeFurnishings.com.
Promotions within the design community are began in July to invite designers to participate in the HomeFurnishings.com program. HomeFurnishings.com will promote the new Find a Designer locator on its site as well as through its social network on Twitter and Facebook.
"The HomeFurnishings.com site inspires consumers with home furnishings and decorating ideas by providing how-to articles and a vast selection of furniture lines plus the retailers who sell them," said Doug Kays, HomeFurnishings.com CEO. "Consumer feedback has revealed that many consumers want additional help in transforming the ideas they see online into cohesive and aesthetically pleasing room designs in their home. Both the independent and the store employed IDS members will play an important role in stimulating sales for the home furnishings industry by satisfying this key consumer need. They will take the consumer, who is ready to update their décor, and lead them through the design phase and remove the barriers that would otherwise delay purchasing new furniture and home furnishings."
"We see this partnership as a perfect complement to the goals of HomeFurnishings.com--to take the consumer from home furnishings design inspiration to a completed installation," said Pamela White, CEO of Interior Design Society. "And, the tens of thousands of consumers coming to HomeFurnishings.com each month are highly qualified leads for our designer members."
August 11,
2010 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on August 12, 2010
Police tasered a man suspected of burglarizing a Tulare, Miss., furniture store, the Visalia Times-Delta reported Wednesday.
Adam Jimenez was arrested on suspicion of burglary, possession of stolen property and resisting arrest in connection with a burglary at the furniture store, Oak Furniture Liquidators. A 16-year-old boy also was arrested in connection with the burglary.
Police responded to a burglar alarm at the store, where they apprehended the suspects, one of whom was combative.
At 1:22 a.m., officers responded to a burglar alarm at Oak Liquidators, 1155 North Cherry St. The front glass doors had been smashed and officers heard voices inside the business at the Tulare Town and Country Village Shopping Center.
"The Taser had to be deployed to prevent resistance and injury," Tulare Police Sergeant Richard House said in the report. Officers recovered $9 in coins believed to have been taken from the store's register and a computer screen.
August 10,
2010 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on August 11, 2010
American Home has opened a pilot store in Vestal, N.Y., for what owners hope will be a furniture store franchise network, WBGH reported Tuesday.
A grand opening is set for this weekend at the 15,000-square-foot location, a former Ethan Allen furniture store.
American Home will offer living room, dining room, and bedroom furniture, as well as mattresses, accessories, photography, area rugs and domestics. Brands include Broyhill, Kincaid, Surya, and Serta. American Home also offers a full array of custom window-treatment options through the window treatment division of PKB Design.
"While other retailers have pulled back, we are actually investing in a new store and hiring people," said Michael Rouhana, CEO of American Home, in the report. "The new store will help us meet consumers' demands for a wide range of home furnishing products. Our community is ready for another source. They've been forced to go to the same one or two main players for decades."
American Home also has pledged to put a portion of the proceeds from every sale into a donation fund for the disabled veterans.
"These men and woman deserve so much more than what they are getting and when they're hurt or left homeless, someone needs to step up and help out," Rouhana said. "That's what we intend to do from now on. My father and mother left war-torn Lebanon in pursuit of the American Dream. If it were not for this country and the men and woman protecting it, my family and I would not have had the opportunity to be where we are today."
American Home President Jay Fanara noted the store is opening as a pilot operation for a franchise.
"We intend on perfecting the model in Vestal, and then opening stores along the east-coast and ultimately throughout the country," he said. "Our regional and national expansion plans include a goal of having 50 American Home locations opened during the course of the next 60 months. Our intention is to be known as much for our contributions to the communities we open in, as we are for the quality products and services we'll offer. It's extremely important to Michael and I that we share our success with those that are less fortunate."