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Mathis Bros. to Open Tulsa-Area Ashley Stores

By Aggregated Content in Store Openings on November 8, 2012 from https://newsdesk4.moreover.com/click/?p=Qy83NTU1NzEyMzE1Jm49TkFQQ08&a=MTIyODI5MzMyOTg&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=VHVsc2EgV29ybGQ&d=1989&t=1 Mathis Bros. will open Ashley Furniture HomeStores in Owasso and Tulsa, Okla., the first of seven.

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Restoration Hardware Completes IPO

By Aggregated Content in Financial Reports on November 8, 2012 from https://research.zecco.com/research/markets/news/story.asp?key=100-313u8808-1&lastPage=news Home furnishings company Restoration Hardware Holdings Inc (NYSE:RH) has completed its initial public offering (IPO) of 5,938,982 shares of its common stock at USD24.00 per share, the company said.

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Dorel looks to Latin America for growth

By Aggregated Content in on November 8, 2012 from https://newsdesk4.moreover.com/click/?p=Qy83NTYxMjAzMjUzJm49TkFQQ08&a=MTIyOTAzMjkxNDM&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=U3ltcGF0aWNv&d=1989&t=1 Dorel, which also sells bicycles and furniture, has juvenile product operations in Panama that give it a distribution platform through all of Central America and into the Caribbean, Schwartz told financial analysts. "We are excited about the prospects in...

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Resource Furniture Teams for Residential Display

By Home Furnishings Business in Green on November 7, 2012

Resource Furniture and builder have Method Homes have teamed for the U.S. Green Building Council€™s 2012 Greenbuild expo's only residential structure.

The display home at the San Francisco show will be furnished with several unique furniture systems from Resource Furniture.

The display home designed by Bogue Trondowski Architects is a prototype for Paradigm, a new series of pre-fab homes built by Method Homes.

€œMinimizing your home€™s physical footprint is the single most important decision you can make to reduce your carbon footprint. The systems featured in this home clearly demonstrate that a reduction in square feet doesn€™t mean sacrificing comfort, function or style.€ said Ron Barth, president and co-founder of Resource Furniture. €œWith meticulous planning, state-of-the-art design and cutting-edge products and furnishings, this 722 square foot home feels spacious and luxurious. We are proud to be a part of this Method Home team.€

€œMethod is using this home to educate people on how achievable sustainable living is in today€™s world,€ said Brian Abramson, co-founder of Method Homes.

The furniture systems from Resource Furniture include a freestanding, transforming wall bed/sofa system designed and made in Italy by Clei; a coordinating home office that folds to less than 14-inches deep when not in use; a 17-inch console table that expands into a dining table for 12; and an ottoman that converts to five seats.

The Clei products feature a lifetime warranty on all mechanisms, water-based finishes, Class E-1 chipboard composition and are FSC-CoC certified.

The project features efficient systems and products including a 200-square-foot greenhouse irrigated by the home€™s grey-water reuse system and a photovoltaic solar array on the roof, which will generate power during the event. The home€™s energy consumption vs. generation will be tracked during the show. The home will be net zero energy and water, and in addition will target several leading environmental certifications, including LEED Platinum and eligibility for 6 of 7 petals of Living Building Challenge.

Greenbuild is the world€™s largest convention dedicated to green building, and takes place Nov. 14-16 at the Moscone Center in San Francisco.

Wallner to Lead Powell Furniture Division

By Home Furnishings Business in Executive Changes on November 7, 2012

Accent, youth and casual dining furniture vendor Powell Co. has named Jeffrey Wallner president of its furniture division, a new position.

Wallner has been in the furniture business for 24 years, most recently with World Imports, where he served as executive vice president for the past six years. His responsibilities there included overseeing a large national sales force, a marketing department, a merchandising team and an overseas team. During Wallner's tenure, he expanded the product line to include import upholstery and created an Asia infrastructure. World Imports was able to add many of the top 100 retailers as customers, helping it double in size.

At Powell, Culver City, Calif., Wallner is responsible for sales, marketing and merchandising.

€œPowell has always been one of those names in the furniture business that is very well known by dealers and consumers," Wallner said.
 
€œPowell€™s Furniture division is back on a growth track and regaining the luster it lost under previous management teams run by private equity firms," said Powell CEO Jim Ziozis. "Jeff€™s talents will drive Powell Furniture to the next level of providing dealers with excellent home fashions at outstanding price points.€
 
Ziozis said that Powell€™s team handling multi-channel, specialty, big-box and e-commerce retailers will continue to report to Executive Vice President Dave Gingrich.

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