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Spearman Furniture Closing in N.C.

By Home Furnishings Business in Retail Closings on March 22, 2010

Spearman Furniture, a furniture retailer in Hendersonville, N.C., will close for good on Wednesday afternoon, the Times News of Hendersonville reported Saturday.

The 30,000-square-foot store offers private label goods along with brands including a Lane gallery.

The store announced the closing in a press release faxed to the paper on Friday.

Web Surfing Leads to Arrest

By Home Furnishings Business in Furniture Retailing on March 22, 2010

A teenager's urge to surf the Internet led to his arrest in a furniture store burglary in Kennewick, Wash., WNYW reported Friday.

The 17-year-old broke into Bella Office Furniture, and then used the store's computer to surf porn sites and make sales pitches for stolen items on his MySpace account.

His activities created an electronic trail that led police to arrest him for the burglary. The teenager confessed to the crime after his arrest.

tfg to Launch Home Decor Line at High Point

By Home Furnishings Business in High Point on March 22, 2010

tfg, the Chicago-based furniture and home décor brand of housewares and gift vendor tag, will introduce its first ever home decor collection at the High Point Market in April.

Norman Glassberg, tag€™s company founder states, "Home decor has been a key category for tag for 35 years," said tag Founder Norman Glassberg. "When we acquired the tfg furniture business three years ago, I knew that this was a terrific opportunity to expand the tag product mix beyond furniture."

tfg's new 115-item collection will be on display in the company's new High Point showroom, space M323 in The Pavilions of IHFC.

McMahan Named VP, GM at WAC Lighting

By Home Furnishings Business in Executive Changes on March 22, 2010

WAC Lighting, Garden City, N.Y., has named James McMahan general manager and vice president.

McMahan's initial responsibilities include overseeing the company's marketing department, and he is scheduled to manage business operations company-wide by the end of the year.

For the past 21 years Mr. McMahan worked for Schonbek Lighting Worldwide, where his positions included director of marketing communications, chief financial officer, and director of sales and marketing.

"Jim is an intelligent, methodical, and caring executive," said President Shelley Wang. "I am confident that his wide experience in various disciplines and his reputation for dedication will help us grow our business. We invite our friends and colleagues to reach out and welcome him to our WAC Lighting family."

Sandow Media Acquires Furniture Today

By Home Furnishings Business in Acquisition on March 19, 2010

Florida-based Sandow Media announced Thursday that it has acquired Interior Design magazine and the entire Furniture Today group of publications from Reed Business Information, a part of Anglo-Dutch publishing and information company Reed Elsevier (NYSE: RUK, ENL), for an undisclosed amount.

In addition to the namesake weekly publication, Furniture Today's group includes Gifts & Decorative Accessories, Home Textiles Today, Casual Living, Home Accents Today, Kids Today and Playthings.

Founded by Adam I. Sandow in 2002, Sandow Media specializes in multichannel, vertically integrated luxury brands online and in print. Sandow Media's flagship brands include the beauty publication NewBeauty; Worth, a business and finance magazine for the ultra-affluent; Watch Journal; and Luxe Interiors + Design, a network of luxury home and design magazines. With more than 285 employees nationwide, Sandow Media produces more 200 publications annually.

Click here for the complete press release.

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