April 30,
2012 by in UnCategorized
By Aggregated Content in Business Strategy on May 1, 2012
from http://www.mlive.com/business/detroit/index.ssf/2012/05/la-z-boy_trying_times_lead_to.html
Four years ago, Kurt L. Darrow was forced to make some of the toughest decisions of his life. The La-Z-Boy Inc. chairman, president and CEO had to make cuts, and had no time to spare.
The company had ended its 2009 fiscal year in April with $122.7 million in losses and a stock that was trading for about $2 per share nearly 70 percent less than the previous year. It was the most trying time in my career, Darrow told MLive.com from inside the furniture giants headquarters in Monroe.
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April 30,
2012 by in UnCategorized
By Aggregated Content in on May 1, 2012
from http://c.moreover.com/click/here.pl?z6402870261&z=1250249027
NAPLES, Fla.- A Naples furniture store shut down briefly after a fire started in an upstairs kitchen on Tuesday. Firefighters responded to the Baer's Furniture on Tamiami Trail shortly before noon, after employees noticed a strange odor. Crews say the water heater caught fire, forcing people to evacuate the building. The store says most of the damage was contained to the upstairs and it was able to reopen in a few hours.
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April 30,
2012 by in UnCategorized
By Aggregated Content in on May 1, 2012
from http://c.moreover.com/click/here.pl?z6402028385&z=1250249030
High Point, NC -- Furniture is making a comeback in High Point. On Tuesday, Absolute Style celebrated the grand opening of its new High Point facility. "I think it's pretty cool. It's nice to see production going and not grass growing in parking lots around this town," said owner Melanie McNamara. McNamara only uses American-based suppliers and employs local workers. Right now, about 30 people work for the company and they're looking to expand. "We have a lot going on, our vendors have a lot going on. We're seeing a lot more growth coming back to America," McNamara said.
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April 30,
2012 by in UnCategorized
By Aggregated Content in on May 1, 2012
from http://c.moreover.com/click/here.pl?z6398725726&z=1250249027
MONROE, MI- Four years ago, Kurt L. Darrow was forced to make some of the toughest decisions of his life. The La-Z-Boy Inc. chairman, president and CEO had to make cuts, and had no time to spare. The company had ended its 2009 fiscal year in April with $122.7 million in losses and a stock that was trading for about $2 per share nearly 70 percent less than the previous year. It was the most trying time in my career, Darrow told MLive.com from inside the furniture giants headquarters in Monroe. Weve been through downturns with high inflation,
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April 30,
2012 by in UnCategorized
By Aggregated Content in on May 1, 2012
from http://c.moreover.com/click/here.pl?z6397741900&z=1250249027
Swedish furniture giant Ikea has initially rejected claims in a new Swedish television documentary that East German political prisoners were used in its factories in the 1970s and 1980s. New tool unravels Stasi secret files - Science & Technology (27 Jan 12) Ikea boss bemoans German bureaucracy - Business & Money (20 Jan 12) Computer will soon piece together torn Stasi files - Society (2 Oct 11) The claims, which will be aired on public televisions Sveriges Television's (SVT) Uppdrag Granskning programme on Wednesday, first emerged in a German television documentary aired on WDR in
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