Daily News Archive
Brought to you by Home Furnishings Business
February 2,
2010 by in UnCategorized 
By Home Furnishings Business in Community/Charitable Support on February 3, 2010
Pittsburgh-area contemporary furniture retailer Perlora will auction off more than $50,000 worth of leather sofas, sectional, chairs, ottomans and recliners this Saturday with 100 percent of the proceeds benefiting two hospitals in Haiti.
The "Healing for Haiti" auction will raise money for Saint Franquois de Sales Hopital in Port-au-Prince; and Hopital Albert Schweitzer in central Haiti. Medical facilities in the Caribbean island nation are swamped in the wake of last month's earthquake.
Local television celebrities will auction off furniture to the highest bidder with bids beginning at one-half of manufacturer suggested retail price.
St. Franqois de Sales Hopital is one of the oldest hospitals in Port-au-Prince, built in 1881. It was heavily damaged in the Jan. 12 earthquake, but since then staff and relief volunteers have been caring non-stop for trauma victims.
Hopital Albert Schweitzer is located in Deschapelles in central Haiti and is run by Ian Rawson, whose parents, Gwen Rawson Mellon and Dr. Larry Mellon, founded the hospital in 1950. The hospital has 120 beds and is treating victims of the earthquake who have fled the capital city of Port-au-Prince.
Items for auction will be on display 9-10 a.m. on Saturday at Perlora's Warehouse at 3524 Charlotte St. in Lawrenceville, Pa. Bidding begins at 10 a.m.
For additional information, call Perlora at 412.431.2220.
February 1,
2010 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on February 2, 2010
OfficeMax said this week that it it is expanding desk and workspace selections under its Brenton Studio and Eastleigh private office furniture brands. The expanded furniture lines complement OfficeMax's growing collection of private brand products that also include the DiVOGA, [IN]PLACE, INFUSE¢ and TUL.
Introduced in 2009, Brenton Studio and Eastleigh collections feature state-of-the-art designs ranging from contemporary to traditional to country cottage that are priced competitively to appeal to style-conscious, value-driven consumers.
"Our customers are seeking more stylish, creative home and office furniture options that align with their personality. As a result, OfficeMax has developed the new private brands Brenton Studio and Eastleigh that offer design and product quality our customers desire at a compelling price point," said Ryan Vero, executive vice president and chief merchandising officer for OfficeMax. "In 2010, we plan to continue to seek innovative opportunities to offer new private brands that meet our customers evolving needs and help them do their best work."
The Brenton Studio and Eastleigh furniture brands are available for purchase at OfficeMax stores nationwide and online. Customers can find a nearby store by using the OfficeMax's store locator.
February 1,
2010 by in UnCategorized
By Home Furnishings Business in Executive Changes on February 2, 2010
Lane Hamm, chief financial officer of Weekends Only Furniture, Webster Grove, Mo., has also been named director of stores,
the St. Louis Business Journal reported Monday.
In addition to his CFO duties, Hamm will assume responsibility for store operations and training.
Hamm joined Weekends Only three years ago from Blockbuster, where he worked 10 years in a variety of financial management executive positions.
Weekends Only Furniture Outlet has five locations in Affton, Bridgeton, Fairview Heights, Mid Rivers and South County.
February 1,
2010 by in UnCategorized
By Home Furnishings Business in Internet on February 2, 2010
Home Furnishings Business is interested in your take on the Las Vegas Market this week.
We'll be conducting a question of the day to get an unscientific feel for what you, the attendees see, like and maybe don't like about the market.
Today's question: What's your take on Las Vegas Market traffic?
We've even made it easy to participate for those of you on mobile devices. Just visit our mobile Web site at m.hfbusiness.com, type in your response and click Submit.
Of course, if you have your laptop or desktop computer handy, you can also participate by going to that same URL. Please note, there's no need to include "www" in front of the URL. If you do, it won't work.
Tomorrow, we'll share the results on our newsletter.
As always, thanks for participating.
February 1,
2010 by in UnCategorized
By Home Furnishings Business in on February 2, 2010
Fabric and mattress ticking supplier Culp received notification Jan. 29 that it has regained compliance with the New York Stock Exchange quantitative continued listing standards.
The company had fallen below both the minimum shareholders' equity and market capitalization requirements for continued listing on the exchange. In December, 2008, NYSE notified Culp that it was out of compliance because the company's capitalization fell below $75 million over a 30-day trading period.
The company said its reinstatement to compliance comes as a result of the a consistent, positive performance commensurate with the business plan submitted to the NYSE, and its compliance with the NYSE's minimum market capitalization and shareholders' equity requirements over the past two quarters.