Daily News Archive
Brought to you by Home Furnishings Business
July 15,
2010 by in UnCategorized 
By Home Furnishings Business in Furniture Retailing on July 16, 2010
Becker Furniture World is in the process of transitioning into a new location for its Becker Furniture Liquidation Superstore,
according to Minneapolis St. Paul Business Journal.
The new store will open in early October, and will replace the existing
Becker Furniture Liquidation Superstore the retailer opened last year.
The new location is taking over a 32,895-square-foot store that previously housed a PetSmart.
Doug Huseby, founder of the retailer, told the newspaper that the growth in the suburbs of Minneapolis/St. Paul is underserved by Becker, and the new location will benefit the market and the retailer.
July 15,
2010 by in UnCategorized
By Home Furnishings Business in Case Goods on July 16, 2010
Steve Eisler has been named vice president of sales and marketing for case goods supplier
CF Oakton Furniture. Prior to joining the company, Eisler was vice president of sales and marketing for Classic Home. He has been part of the furniture industry for more than 30 years, and has held a number of positions including sales representative, retailer, factory owner and sales and marketing executive with companies like Armstrong, Thomasville and DMI/Wynwood.
Steves extensive experience in the furniture industry will prove invaluable," said Jonathan Fu, president and founder of CF Oakton. "I look forward to the ideas, contacts and knowledge he will bring to our company.
Eisler reports to Fu and is responsible for growing and managing CF Oakton's sales team. His goal is to assemble a dedicated sales force to grow CFO's distribution throughout the U.S. Fu's focus is to oversee the factory operations in Asia. He is located in Shanghai.
"The opportunity to work with Jonathan was several years in the making, and I would not allow several more years to pass before joining CFO," Eisler said.
July 15,
2010 by in UnCategorized
By Home Furnishings Business in Markets on July 16, 2010
Rug supplier Capel Rugs is spearheading an initiative to establish a permanent showroom for North Carolina-based companies at SOFA|Source of Furniture + Accessories, the design center at the International Centre in Toronto, Canada.
The project will allow participating companies to work collectively to increase foreign market share, exploit export potential in the Canadian market and gain exposure to the design community.
The consortium will lower expenses by allowing participating companies to share the costs of managing and marketing a joint showroom. Members of the consortium will also be provided with assistance as they become familiar with the exporting process. With 25 years of experience exporting to Canada, Capel Rugs will play a role in sharing its experience with other consortium members.
"Exports continue to be a growth opportunity for Capel and we know that by sharing what we've learned so far, we can create a situation where everyone benefits," said Bud Capel, vice president of marketing. "We are excited about this opportunity to work with other manufacturers in North Carolina to show in a premier space and to elevate manufacturing in our home state as a whole."
Capel will gather with other North Carolina home furnishings manufacturers, as well as representatives from the N.C. Department of Commerce, the U.S. Department of Commerce and others with an interest in the North Carolina home furnishings industry for a preliminary interest meeting at the High Point Chamber of Commerce Wednesday, July 28, from 11:30 a.m. until 3:30 p.m.
"We are hoping that this meeting will act as a springboard for companies that are interested in coming together to create an exciting new opportunity," Young said. "And this is just the beginning! If we work together, the potential for growth could be tremendous."
To RSVP to attend the meeting, e-mail Rebecca McMahan or call her at 910-572-7179. RSVPs will be accepted until July 23.
July 14,
2010 by in UnCategorized
By Home Furnishings Business in economic news on July 15, 2010
June retail industry sales excluding automobiles, gas stations, and restaurants decreased 0.5 percent seasonally adjusted over May and increased 3.3 percent unadjusted year-over-year, according to the National Retail Federation.
NRF reports sales based on monthly figures from the U.S. Department of Commerce minus autos, gasoline and restaurant sales. Commerce's total retail sales, which include those non-general merchandise categories, decreased 0.5 percent seasonally adjusted over May and increased 4.9 percent unadjusted year-over-year.
Todays data shows consumers continue to take a cautious approach towards shopping, said NRF President and CEO Matt Shay. However, growth in key areas such as electronics, apparel and department stores is an encouraging sign as we enter the back-to-school shopping season.
June retail sales showed solid year-over-year growth but modest month-to-month growth in most sectors. Electronics and appliance stores sales increased 1.3 percent seasonally adjusted from last month and 7.6 percent unadjusted over last year. Sales at furniture and home furnishing stores decreased 1.1 percent seasonally adjusted month-to-month but increased 2.1 percent unadjusted year-over-year. Health and personal care stores sales increased 0.5 percent seasonally adjusted over May and 2.2 percent unadjusted year-over-year.
July 14,
2010 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on July 15, 2010
A Pittsburgh, Pa., furniture store's surveillance camera grabbed an image of a suspected burglar, WPXI reported Wednesday.
Police are asking for help identifying the man, who has spiked hair and a tattoo on his right arm, and was photographed during a burglary at Home Decor Furniture and Flooring on June 20.
The robber stole a small amount of cash from the business. The police investigation is ongoing. Anyone with information is asked to contact the Pittsburgh police.