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Warren Buffett Leads Annual Meeting Like No Other

By Aggregated Content in Business Strategy on May 7, 2013 from Part rock concert, part investment workshop, the annual gathering of Berkshire Hathaway shareholders is an odd mix.

But that's just how the faithful crowd of more than 30,000 who attended Saturday's version likes it.
Getting the chance to learn about business and life from Berkshire CEO Warren Buffett and spend the day with like-minded investors made it worthwhile to brave Saturday's cool, rainy weather in Omaha, Nebraska.

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Warren Buffett's Booming Furniture Store

By Aggregated Content in Furniture Retailing on May 7, 2013 from

Tucked inside a sprawling Omaha mall is one of Warren Buffett's most-bragged about properties and one of the hottest places to be for Berkshire Hathaway shareholders during the weekend-long annual meeting: A furniture store.

Though it isn't as widely known as See's Candy or Dairy Queen, Nebraska Furniture Mart is almost as big a draw during the Berkshire annual meeting as the Oracle of Omaha himself.

The evidence: A cool $35.9 million in sales done during last year's annual meeting, nearly three-times what it did ten years ago at Buffettpalooza and continuing a sales chart that goes pretty much straight up year-over-year. 

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Outdoor Furniture Company Makes Offer for Richmond Warehouse

By Aggregated Content in Outdoor Furniture on May 7, 2013 from

The city of Richmond has received an unsolicited bid from a local furniture manufacturer to purchase a school warehouse - a potential $1.425 million boon for the financially strapped school system.

In a March 25 letter from McKinnon and Harris to Chief Administrative Officer Byron Marshall, a copy of which the Richmond Times-Dispatch obtained Monday, the outdoor furniture company said the site was ideal for its new headquarters and for use as a manufacturing facility.

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Michael Shoe to Lead Kingsdown QC

By Home Furnishings Business in Executive Changes on May 7, 2013

Bedding vendor Kingsdown has named manufacturing veteran Michael Shoe director of quality systems.

Shoe now leads Kingsdown€™s Total Quality Management program, which was created in 2007 to raise standards across all Kingsdown plants while integrating the sales and marketing departments into a single quality system. Shoe reports to Kingsdown Executive Vice President of Operations and COO Joe Schmoeller.

Shoe spent more than 18 years working in the textile industry, last serving as a multi-site plant manager for Burlington Inds. in North Carolina. After only six months in that role, Shoe launched a major turnaround for the Cone Jacquards Business Unit, marking the site€™s first positive financial and manufacturing performance in four years. As plant manager, Shoe helped implement ISO 9000 quality systems to improve overall product and process consistency and directed a number of Six Sigma process improvement activities including reduction of product lead-times, implementation of new manufacturing planning systems and improving manufacturing costs.

Immediately prior to joining Mebane, N.C.-based Kingsdown, Shoe spent six years as a senior facilities manager for Jones Lang LaSalle, where he managed commercial space and operations centers for Citigroup in multiple states.

€œThroughout his career, Mike has been involved in all aspects of manufacturing, quality and safety. We believe that his broad breadth of experience will help us to maintain and improve quality standards throughout the entire production process,€ said Schmoeller. €œHe will also serve as a liaison among our facilities, overseeing our internal reporting structure to continually improve communication among our divisions and make sure we have 100 percent employee involvement in the process.€

Shoe has his bachelor€™s degree in textile science from North Carolina State University. He has received training in Six Sigma, ISO 9001/2000 and Occupational Safety and Health Administration (OSHA) Compliance.

Mega Group USA Adds Staff

By Home Furnishings Business in Furniture Retailing on May 7, 2013

Home furnishings buying group Mega Group USA has added two new staff to better serve membership and add services.

Myriam Pirtle Garrison has joined the Mega Group USA, Germantown, Tenn., as field market manager with responsibilities in Georgia and South Carolina. Her experience includes prior buying-group experience and 15 years in retail with Knoxville Wholesale. Garrison is based in Atlanta.

Victor Bared, who has mobile security and wholesale experience with Electrolux, has joined the company as field market manager. He is based in the San Antonio area and will lead the development of the Texas market in all Mega market categories.

€œBy reducing the territory sizes in our Southeast U.S. market, we will have more touches with our dealers and deliver even better support for business growth," said Mega Group USA President Rick Bellows. "Assigning a specific manager to Texas will help us better manage the Southwest U.S and give us more manpower in the large, important state of Texas. We look forward to great representation of Mega with Victor Bared€.

Chad Burris has joined the company as Assistant Product Protection Manager and reports to Vice President of Business Services Mallory Parker. Burris is a graduate of Harding University with a degree in marketing and has experience in ambassador sales with Best Buy and business development experience in the digital signage industry. His role includes national convention support, direct marketing and dealer support and training.

€œChad will grow, develop and service the Product Protection Program and enhance the performance for MEGA dealers," Parker said. His focus will deliver benefits for our dealers and facilitate faster growth.€

Mega Group USA has 1,600 retail members with 3,000 store fronts in the furniture, electronic, appliance and mattress industries.

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