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NHFA, WHFA Merge Publications

By Home Furnishings Business in on February 28, 2012 The National Home Furnishings Association  and the Western Home Furnishings Association are introducing a publication for home furnishings retailers.

The magazine, RetailerNOW, will be introduced at the upcoming Home Furnishings Industry Conference in Palm Springs, Calif., May 6-8.

"For decades our organizations have focused on the needs of the members by providing relevant, targeted programs and services," said Sharron Bradley, WHFA executive director. "The obvious next step was to deliver a more powerful educational and inspirational publication that links our community across regions, categories and the nation. This is who we need to be now.€

The magazine will focus on issues of concern for furniture retailers.

€œBy merging our efforts, NHFA and WHFA will be able to craft a better magazine to help our members while helping the industry move into the future,€ said Marc Schewel, Schewel Furniture and NHFA president. €œWe are ready to change the landscape of our industry, and this is the perfect vehicle to do it.€
The magazine will be published 10 times a year.

Select Comfort Announces Leadership Succession

By Home Furnishings Business in on February 28, 2012

Specialty bedding retailer Select Comfort Corp. has announced that Bill McLaughlin, president and CEO, will retire June 1. He is 55.

Shelly Ibach, current COO, will succeed McLaughlin in the position. In anticipation of her new post, Ibach has been appointed to the board of directors, effective immediately.

McLaughlin will also retire as a director of the company€™s board, effective June 1.

€œSelect Comfort is committed to setting a new standard in sleep for the consumer,€ said Jean-Michel Valette, chairman of the board of directors. €œThis transition in leadership underscores the board€™s confidence in both the magnitude of the opportunity and the strength of the operating team. Shelly€™s deep experience in retail, brand and product combined with her talent for developing high-performing, customer-centric teams make her the right leader to build on the strong foundation established by Bill.€

Ibach was named COO June 2011. She oversees operations, marketing and sales and product management. Prior to her appointment as COO, she was executive vice president of sales and merchandising. Before joining Select Comfort in 2007, Ibach held senior position in Target Corp.€™s Target.com department store division.

Reality Show Co-Star Nicole Richie Wants Home Furnishings Line

By Aggregated Content in licensing on February 28, 2012 from http://c.moreover.com/click/here.pl?z6002988045&z=1250249029 Nicole Richie, whose claim to fame is co-starring on "The Simple Life" with Paris Hilton, wants a home furnishings line.

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Furniture App Wins Local Competition

By Aggregated Content in Retail Technology on February 28, 2012 from http://c.moreover.com/click/here.pl?z6002501901&z=1250249027 A smart phone app for virtually placing furniture has won a startup competion in Evansville, Ind.

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Buffett Chooses Successor; Doesn't Make Name Public

By Aggregated Content in Financial Reports on February 27, 2012 from http://c.moreover.com/click/here.pl?z5995784630&z=1250249032 Warren Buffett resisted pressure on Monday to identify his successor as chief executive officer of Berkshire Hathaway, saying the person who has been chosen does not even know it himself.

In his annual investor letter on Saturday, Buffett said Berkshire's board had identified someone who will replace him as CEO when the 81-year-old investor eventually leaves the post.

But he did not identify that person in the letter, and in a CNBC interview on Monday, he rejected suggestions that he should.

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