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BrandSource Releases Kathy Ireland Ad Spots

By Home Furnishings Business in Advertising on November 8, 2011

Retail merchandising group BrandSource has released the first in a series of broadcast ads featuring Kathy Ireland.

Ireland, former super model and now lifestyle designer and CEO of Kathy Ireland Worldwide, is "brand ambassador" for Brandsource, which has 4,500 member stores across North America including 3,000 branded storefronts.
 
The 30-second broadcast spots begin withIreland highlighting BrandSource's major brand selections at every day prices and is followed by a tailor-made promotional showcase for each participating member. The segments end with Ireland touting the BrandSource tag line, "For the best service, selection and value, come to the source. BrandSource."
 
The first spot is available for viewing on the BrandSource Marketing YouTube channel.

Ireland began her role as BrandSource ambassador earlier this year. The spots were created by Torus Marketing during BrandSource's annual convention in Las Vegas in August.
 
"We believe that the new advertising spots featuring Kathy will help us hit a home run with our target customer--the woman who makes final purchasing decisions for the home," said Bob Lawrence, CEO of BrandSource. "Kathy is a role model for many women, and she's been a tremendous source of support for our organization."

Huff Harrington to Expand With Home Furnishings Store

By Aggregated Content in Store Openings on November 8, 2011 from http://c.moreover.com/click/here.pl?z5439168908&z=1250249032 Meg Harrington and Ann Huff are opening a home decor store "with a French twist," building upon their successful North Buckhead art gallery. Huff Harrington Home opens Friday at 102 W. Paces Ferry Road, next to the St. Regis Hotel . The team's Huff Harrington gallery at 4240 Rickenbacker Drive will continue offering work of French and American artists. Calling the new business "sort of a lifestyle store," Harrington said it's "a very natural evolution from our fine arts gallery to this." She said that she and Huff in selling

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Berkshire Hathaway Broadens Portfolio by Spending $23.9B

By Aggregated Content in Financial Reports on November 7, 2011 from http://c.moreover.com/click/here.pl?z5434702431&z=1250249032 Warren Buffett€™s Berkshire Hathaway Inc. (BRK/A) invested $23.9 billion in the third-quarter, the most in at least 15 years, as he accelerated stock purchases and broadened the portfolio beyond consumer and financial-company holdings. Berkshire bought almost $7 billion of equity securities in the three months ended Sept. 30, compared with $3.62 billion in the second quarter and $834 million in the first, the Omaha,

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Olender Furniture Closing after 109 Years

By Aggregated Content in Furniture Retailing on November 7, 2011 from http://c.moreover.com/click/here.pl?z5434089692&z=1250249029 After 109 years of business, Olender Furniture and Mattress is going out of business. It's a bittersweet ending for owner Richard Olender who said it€™s just not possible to keep up with the competition in this economy. His store is one of the many small businesses struggling to survive against big businesses. Olender said while there are good things happening in the area, he doesn't want to play the waiting game for the economy to turn around.

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Loudermilk Resigns at Aaron's

By Home Furnishings Business in Executive Changes on November 7, 2011

Robert Loundermilk Jr. has resigned as president and CEO of rent-to-own furniture and electronics retailer Aaron's (NYSE: AAN) for personal health reasons.

Ronald Allen, a member of Aaron's board of directors, replaces Loudermilk as interim president and CEO as the Atlanta-based company conducts a search for successor. In addition to his health, Loudermilk will concentrate on personal and family real estate interests. He also will resign from Aaron's board.

Allen, whose business experience includes serving as chairman and CEO of Delta Air Lines from 1987 to 1997, has been a member of the Aaron's board since 1997.

"Aaron's has a 56-year history of strong performance and growth, and I have been honored to serve as a director of the company," Allen said. "We highly value the leadership and dedication Robin has given over the years to build Aaron's and we wish him the best as he transitions into a new phase of his life. Our experienced and motivated management team has successfully worked together for years and we will continue to lead the Company through new phases of growth."

"Ron Allen has been a vital member of our Board of Directors for 14 years," said R. Charles Loudermilk Sr., chairman of the board. "As former chairman of the noard, president and chief executive officer of Delta Air Lines, Ron led Delta through many industry changes. We are pleased that he has accepted the offer to serve as the interim CEO at Aaron's."

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