Daily News Archive
Brought to you by Home Furnishings Business
February 5,
2012 by in UnCategorized 
By Home Furnishings Business in Community/Charitable Support on February 6, 2012
Art Van Furniture has teamed with Focus: HOPE to honor Eleanor Josaitis, whose work impacted the lives of thousands of Detroiters in need.
The Art Van Furniture/Focus: HOPE community service tribute to Josaitis, co-founder of Focus: HOPE and who died last August, will provide families, seniors and schools with food, new and gently-used books, and art supplies.
"Eleanor was my friend and an incredible woman who loved nothing more than helping others," said Art Van Elslander, founder and chairman of Art Van Furniture, Warren, Mich. "We are honored to be a part of this well-deserved tribute that does what Eleanor stood for--giving back."
Guests throughout southeast Michigan are urged to collect non-perishable food, new and gently-used books and new art supplies for school-aged children, families and seniors. The collected donations can then be dropped off at any of the 18 Art Van Furniture stores throughout Metro Detroit from now until Feb. 24.
All donated items will be brought to the Focus: HOPE campus on March 3. The items will then be distributed through Focus: HOPE and Detroit-area schools. The community initiative will culminate on March 10 with a special ceremony, the Light for Hope Eleanor M. Josaitis Tribute, a special fund-raising dinner sponsored by Art Van Furniture at Detroit Marriott to celebrate the late activist's 44-year career in community service. Art Van Elslander will be presenting sponsor.
Due to Josaitis' work, many have jobs, low-income seniors and families have food, and countless others have been encouraged to seek education and creativity, the tools necessary to rise out of poverty. Josaitis attributed her success to passion, persistence and partnerships.
February 5,
2012 by in UnCategorized
By Home Furnishings Business in Community/Charitable Support on February 6, 2012
The Ante4Autism poker event, Feb. 1 in Las Vegas, raised more than $17,000 to support Autism Speaks' efforts in autism research and family support.
"We had a great group of players, and we were very excited to have professional poker player Karina Jett join us," Co-Host Doug Krinsky said.
While combined donations, entry fees, corporate sponsorship, as well as online and silent auction support, total more than $17,000 so far, there is still time to go to ante4autism.com to bid home furnishings items online.
Mike McQuiston of Symbol Mattress was the Grand Champion; and the runner up was Chad Coconis from Coconis Furniture in Zanesville, Ohio. McQuiston donated his winnings back to Autism Speaks, as did other top finishers.
February 5,
2012 by in UnCategorized
By Aggregated Content in Furniture Retailing on February 6, 2012
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Affordable Furniture store in Fremont plans to close.
Citing economic hardship, store owner Dave Karrick said closing the business isn't a choice, but a necessity.
"For the past couple of years, Affordable Furniture has been holding its own," Karrick said in a press release, "but as the economy continues its downward trend, so have our sales."
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February 3,
2012 by in UnCategorized
By Aggregated Content in Case Goods on February 4, 2012
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When Kincaid Furniture Company became a corporate partner with Habitat for Humanity International, company officials had no idea where that decision would lead them. Late last year, it led them right into the private residence of former President Jimmy Carter.
In November, Kincaid Furniture President Steve Kincaid and several others from the furniture manufacturer based in the Caldwell County town of Hudson went to Plains, Ga., to deliver a piece of furniture the former first lady, Rosalynn Carter, wanted to purchase.
They ended up spending an afternoon with President Carter and his wife.
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February 2,
2012 by in UnCategorized
By Home Furnishings Business in on February 3, 2012
Furniture supplier
Flexsteel Inds. (
NASDAQ: FLXS) posted net income of $2.9 million for the second quarter ended Dec. 31, compared to net income of $2.1 million for the same quarter last year.
Sales for the quarter jumped 2.6 percent to $85 million, compared to $82.8 million in the prior year quarter.
For the six months ended Dec. 31, net sales dropped 2.1 percent to $166.5 million, compared to $170.1 million in the same period last year. Net income for the first half of the fiscal year was $5.3 million, compared to $4.5 million for the same period last year.
Residential furniture net sales were $67 million, an increase of 5.4 percent from the prior year net sales of $63.5 million. For the six-month period, residential furniture sales climbed 0.6 percent to $129.5 million, compared to $128.8 million in the same period last year.
The entire earnings release can be found online.