Daily News Archive
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May 5,
2013 by in UnCategorized 
By Home Furnishings Business in Las Vegas on May 6, 2013
The start of the Las Vegas Furniture Market will move up a day to kick off on a Sunday for the Winter 2014 edition.
In a short announcement, officials with International Market Centers, owner of the Market's venue, World Market Center Las Vegas, said next year's Winter show will run Jan. 26-Jan. 30, still ending on a Thursday.
After careful consideration of the feedback we received from buyers and exhibitors as to the best way to deliver a truly exceptional Las Vegas Market experience, we are adjusting the Market dates to comprise a weekend day while ending on a Thursday to accommodate optimal Friday return travel, said International Market Centers President and Chief Executive Officer Robert Maricich.
In addition, the selected Market week continues to overlap with Surfaces, the floor coverings industrys leading trade event, which runs Jan. 27-30 at the Mandalay Bay Convention Center.
May 5,
2013 by in UnCategorized
By Home Furnishings Business in Mattresses on May 6, 2013
Mattress vendor Jamison Bedding has released an educational video on the English Garden Collection it introduced at the recent High Point Market.
The new three-minute presentation, viewable here at JamisonEnglishGarden, is intended for retail sales training, in-store demonstrations and to provide information to consumers shopping online.
Our objective with this new series, which retailers immediately recognized at market, was to create a themed bed collection with quality components and extraordinary visual appeal to women, at equally attractive price points from $499 to $999, said Ken Hinman, senior vice president of sales and marketing for Jamison Bedding, Brentwood, Tenn.
The video, which describes the new components and advantages of the eight-model line, also was designed to duplicate the same peaceful mood and sense of well-being that one would experience in an authentic English Garden, Hinman said. Based on the tremendous response we received from dealers during the show, its clear we succeeded in demonstrating the many parallels of experience between a traditional English garden and the looks and feels of this highly differentiated collection.
Featuring custom botanic-patterned fabrics infused with Aloe Vera, the line incorporates three different versions of a new fabric-encased coil core called Palladian Smart Coil technology.
The wrapped coils of each unit are connected at the sides but move freely at their tops and bottoms, molding to the body to provide exceptional conformance. The different Palladian Smart Coil units are designed to deliver extra firmness, added height or zoned comfort and support. The majority of the units are foam-encased.
The collections comfort layers include varying densities and combinations of premium foams, Jamisons JGel memory foam, plus fiber and cotton-poly layersall of which promote the beds contouring yet supportive feels.
Exclusive fabrics for the line depict an artists canvas of Limon Green and Nautic Blue flowers modeled after popular English botanicals like Hydrangeas, Wisteria and Irises.
The film also describes the new Jamison TruBalance foundation, which will be featured under all products this year, and emphasizes the new point-of-purchase program for the collection.
In-store elements include headboards with latticework and flowers; ceiling banners and framed art, plus stepping stone and ivy appliquesall intended to add excitement to the sales floor and to replicate the garden experience.
Top-of-bed dressings feature superimposed photography of compelling English garden scenes.
May 5,
2013 by in UnCategorized
By Home Furnishings Business in Bedding on May 6, 2013
Mattress retailer Innovative Mattress Solutions is celebrating its 30th anniversary on Facebook by giving away 30 queen-sized mattress sets each week for 30 weeks.
IMS, Winfield, W.Va., does business as Mattress Warehouse, Sleep Outfitters and Mattress King in West Virginia, Ohio, Kentucky, Indiana, Tennessee and Alabama.
Contestants may enter the companys 30 Anniversary Sleepstakes on one of the companys Facebook pages. The first drawing is scheduled for Monday. Random drawings will be held each Monday for 30 weeks. Drawing entrants will be kept up to date on prizes and winners through regular weekly Facebook posts.
Sealy products will figure prominently in the promotion as IMS offers up a good selection of Posturepedic, Stearns & Foster and Optimum memory foam sets for winners.
Tempur-Pedic fans will have multiple chances to win a Cloud Select.
Winners also will get the opportunity to try the new Octaspring memory and gel foam line of beds, which is popular in Europe. IMS is one of the few U.S. retailers to offer it.
Another is IMSs own uDream line of innerspring, memory and gel foam mattresses. Developed by IMS owner Kim Knopf, and introduced for the companys 30th anniversary, the uDream line is designed to be a better value at every price point.
Owner and CEO Knopf opened her first Mattress Warehouse store 30 years ago in South Charleston, W.Va. Since then, the company has grown to 150 stores in six states.
Weve enjoyed 30 great years of providing the communities that we live and do business in with a great nights sleep, Knopf said. Our 30th Anniversary Sleepstakes is a way of giving back to our customers and communities, and thanking them for the part theyve played in our success.
May 5,
2013 by in UnCategorized
By Aggregated Content in Case Goods on May 6, 2013
from http://www.journalnow.com/business/business_news/local/article_255ec5cc-b6a9-11e2-8661-0019bb30f31a.html
Hooker Furniture Corp. said in a regulatory filing Friday that Paul Toms Jr., its chairman and chief executive, received a $3,390 increase in salary to $360,755 and an overall 72 percent jump in total compensation to $1.13 million during fiscal year 2013.
Toms also received $135,000 in non-equity incentive-plan compensation, stock awards valued at $438,000 on the date they were granted, and $76,528 in all other compensation, which included $66,446 for an executive life-insurance policy and $9,492 in a company 401(k) match.
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May 5,
2013 by in UnCategorized
By Aggregated Content in Financial Reports on May 6, 2013
from http://www.journalnow.com/business/business_news/local/article_b95cae5c-b6a8-11e2-93a9-0019bb30f31a.html
Furniture Brands International Inc. reported Monday that shareholders overwhelmingly approved providing authorization for the company to conduct one of two reverse stock split initiatives - a 1-for-5 option and a 1-for-7 option - by May 2014.
In most instances, a reverse stock split is done to lift a stock above the $1 threshold to avoid being delisted by a stock market. Furniture Brands' share price has ranged from 88 cents to $1.85 over the past 52 weeks. It rose 4 cents Monday to close at 99 cents.
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