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American Furniture Warehouse to Open Arizona Store

By Aggregated Content in Furniture Retailing on December 12, 2012 from http://www.bizjournals.com/phoenix/news/2012/12/12/american-furniture-warehouse-plans.html?ana=RSS&s=article_search

A Colorado-based home furniture company plans to bring 300 new jobs and generate $46.6 million in capital investment to metro Phoenix by building a massive 550,000-square-foot facility in Gilbert, according to a city statement Wednesday.

American Furniture Warehouse, which is based in Englewood, Colo., and has a dozen locations statewide, also has high hopes that the new Gilbert store will be its biggest money-maker yet.

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Raymour & Flanigan donates $25,000 to Red Cross for Sandy relief

By Aggregated Content in on December 12, 2012 from https://newsdesk4.moreover.com/click/?p=Qy83NzgwOTM5MTM5Jm49TkFQQ08&a=MTI3MTUxMzI5NDI&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=NjE&e=U3lyYWN1c2UgT25saW5l&d=1989&t=1 Syracuse, NY ? Furniture store chain Raymour & Flanigan has donated $25,000 to the American Red Cross Disaster Relief Fund to help people who displaced from their homes by Superstorm Sandy. Company Chief Executive Officer and President Neil Goldberg and...

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One Kings Lane Raises $50 Million Led By Institutional Venture Partners

By Aggregated Content in Furniture Retailing on December 11, 2012 from http://www.forbes.com/sites/tomiogeron/2012/12/11/one-kings-lane-raises-50-million-led-by-institutional-venture-partners/

There's certainly no venture crunch in the e-commerce home decor sector.

Home furniture startup One Kings Lane, on track to generate $200 million in revenue this year, has raised $50 million in Series D financing led by Institutional Venture Partners. This follows Fab.com's $105 million round in July and Wayfair.com's $36.3 million round announced yesterday.

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One Kings Lane Raises $50 Million Led By Institutional Venture Partners

By Aggregated Content in on December 11, 2012 from https://newsdesk4.moreover.com/click/?p=Qy83NzcwMDkwOTk5Jm49TkFQQ08&a=MTI2OTkxNDg0NjI&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=Rm9yYmVzLmNvbQ&d=1989&t=1 There€™s certainly no venture crunch in the e-commerce home decor sector. Home furniture startup One Kings Lane, on track to generate $200 million in revenue this year, has raised $50 million in Series D financing led by Institutional Venture Partners....

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Surya Takes New Atlanta Showroom

By Home Furnishings Business in Rugs on December 11, 2012

Rug and home accessory vendor Surya will double its AmericasMart Atlanta showroom space as it moves to a new 13,500-square-foot location, 11-A-1.

The new showroom will open for next month's Atlanta International Gift & Home Furnishings Market.

€œWe€™re excited about this expansion,€ said Surya President Satya Tiwari. "The larger space on the home accessory geared 11th floor will allow us to showcase a complete range of Surya€™s lifestyle products in a more convenient location."

The Atlanta move, part of an effort to expand the company€™s reach over the next five years, follows Surya€™s Spring 2012 move into a new 26,000-square-foot High Point flagship location at Showplace 4100, as well as expansion into smaller regional shows such as the Tupelo Furniture Market.

The company€™s product breadth has also evolved into a wider line of home accessories, including pillows, throws, poufs and wall art to coordinate with the brand€™s expansive line of area rugs.

€œAcross every aspect of its brand, Surya epitomizes innovation,€ said Jeffrey L. Portman Sr., AmericasMart Atlanta president and COO. €œIts forward-reaching product mix, design aesthetic and marketing indicatives define a company both grounded in tradition and compelled to the future. We expect to see all of this and more, showcased in Surya€™s expanded space.€

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