July 29,
2012 by in UnCategorized 
By Aggregated Content in Business Strategy on July 30, 2012
from http://www.costar.com/News/Article/Ashley-Furniture-Acquires-Advance-Manufacturing-Facility/140200
Ashley Furniture Industries, Inc. closed on its $10.44 million acquisition of a 1.38 million-square-foot industrial building in Advance, N.C.
Schwarz & Schwarz sold the manufacturing facility, previously occupied by RJ Reynolds. Schwarz originally acquired the property in a sale leaseback, which Reynolds decided not to renew past the original term.
Read Full Article...
July 29,
2012 by in UnCategorized
By Home Furnishings Business in Executive Changes on July 30, 2012
Pat Watson has joined case good vendor Legacy Classic Furniture as vice president of merchandising.
Watson, who comes to Legacy Classic with 14 years of experience in the furniture industry--most recently with A.R.T. Furniture where he was director of product development--will oversee Legacy Classics master bedroom, dining room and everyday dining categories.
He also previously held similar positions with Broyhill Furniture and Magnussen Home.
"Pats strong work ethic, great product knowledge, and most importantly his integrity are a perfect fit with the Legacy Classic team," said said Mike Harris, president of Legacy Classic Furniture. His talent and experience are just what Legacy needs and were excited to have him on board.
July 29,
2012 by in UnCategorized
By Home Furnishings Business in Social Media on July 30, 2012
GE Capital will host a seminar, Building Business with Social Media, at Las Vegas Furniture Market.
The session runs Tuesday, July 31, 3:30-4:30 p.m., in the Retailer Resource Center, World Market Center-C498.
Panel members will include Jeff Child, R.C. Willey, Salt Lake City; Nick Gates, Gates Home Furnishings, Grants Pass, Ore.; and Jim Navarra, Jerome's Furniture, San Diego. Nicole Johnson, manager of public relations and digital media for GE Capital, will moderate the discussion.
The session will focus on how these retailers are using social media to build their business; and using online channels to communicate with their customers and drive traffic to their store.
July 29,
2012 by in UnCategorized
By Home Furnishings Business in Executive Changes on July 30, 2012
Mike Bernstein has re-joined home furnishings Internet marketing specialist FurnitureDealer.net.
He will lead business development and focus on upgrading the level of services that the company founded by his brother Andy Bernstein provides to its premium clients.
Mike Bernstein left Furnituredealer.net, Eagen, Minn., in 2010 to focus on using analytics and data to better understand consumer behavior at both the individual and aggregate level for major mass merchants such as Wal-Mart.
Mike will be working closely with our business consulting teams to identify ways we can bring even more value to our partnerships with retailers," said Andy Bernstein. "While Furnituredealer.net is known for producing search engine-friendly product catalog Web sites, we believe its important to continually find ways to upgrade the level of service we provide our clients in their bids to become successful multi-channel retailers. Mikes broad and deep experience in both the furniture and consumer electronics industries, and most recently, as a consumer packaged goods marketer, will be invaluable to our clients as we move forward. Additionally, his previous experience as president and founder of manufacturer services at FurnitureDealer.net means he will be hitting the ground running.
While I have worked on a number of exciting projects during the past three years, Ive also maintained an office with FurnitureDealer.net and have watched closely as the team has made a number of innovative improvements to the FurnitureDealer.net technology, said Mike Bernstein. During this time, there has also been a great deal of contraction in the furniture industry, which has resulted in a better balance between supply and demand. The companies that have survived the difficult economic times are now better able to invest in strategies to grow their businesses, and Im very excited to have the opportunity to play a role in that growth."
Andy Bernstein noted that as a fourth-generation furniture retailer, his brother inherently understands the issues facing independent retailers today
This, coupled with his most recent endeavors uncovering insights, and identifying growth opportunities for some of the worlds largest mass merchants and grocery retailers, means he is uniquely equipped to work with retailers of all stripes," he said. "We are thrilled to have Mike re-join the company and to have an executive of his caliber on our team.
July 27,
2012 by in UnCategorized
By Aggregated Content in on July 28, 2012
from http://c.moreover.com/click/here.pl?z6912349403&z=1600249795
Tulsa's biggest furniture store is about to get bigger - a lot bigger. Mathis Brothers Furniture Superstore in southeast Tulsa is working on a 100,000-square-foot expansion that will increase the size of its retail and warehouse space. "We've been here 11 years now, and business has been good to us," said store manager Chris Mefford. "We just decided that we're going to add more space." The project could also add 75 to 125 jobs at Mathis by the time the expansion is finished. Work is under way on the west side of the property near U.S. 169 and 71st
Read Full Article...