August 7,
2011 by in UnCategorized 
By Aggregated Content in Bankruptcy on August 8, 2011
from http://c.moreover.com/click/here.pl?z5050235826&z=1250249030
As previously reported on Patch, Pierre Deux has closed its doors in Millburn and its 22 other US stores, and has now made provisions for employees owed money and customers who paid deposits towards orders. The home furnishings and specialty retailer, owned by Secaucus-based Arts des Provinces de France Inc, held assets of $12.1 million and debts of almost $54 million. The company filed bankruptcy and filed to liquidate assets on June 23, in U.S. Bankruptcy Court in Newark. According to the letter posted on the company
Read Full Article...
August 7,
2011 by in UnCategorized
By Aggregated Content in Case Goods on August 8, 2011
from http://c.moreover.com/click/here.pl?z5050203087&z=1250249029
A Lincoln County furniture factory will reopen this year with plans to hire around 130 people by the end of 2012. Thats according to Bruce Cochrane, an industry veteran who will serve as the President and CEO of the new Lincolnton Furniture Company. It should begin production late this year. The manufacturer will make solid wood furniture for bedrooms and dining rooms in the former Cochrane Furniture building off U.S. 321 business in Lincolnton. City, county offer $14,000 in grants Both Lincolnton and Lincoln County approved jobs-based grant money to help the company get started, according to Barry Matherly,
Read Full Article...
August 6,
2011 by in UnCategorized
By Aggregated Content in Furniture Retailing on August 7, 2011
from http://c.moreover.com/click/here.pl?z5046262467&z=1250249029
Customers of a high-end interior design store tell the 9Wants to Know investigators the store took their money and didn't deliver their furniture. BellaLu Home and Design has decided to liquidate its inventory and go out of business, its owner says.
"We've just been really struggling with the economy," Jodi Zippo said.
BellaLu planned to open its doors for a liquidation sale July 29 at noon. A sign on the door last week said the company is shutting its doors.
Read Full Article...
August 6,
2011 by in UnCategorized
By Aggregated Content in Business Strategy on August 7, 2011
from http://c.moreover.com/click/here.pl?z5045327098&z=1250249027
One of the first things Art Negrin noticed during his recent trip to Brazil was the lack of shoes. Negrin, vice president of international sales for furniture maker Lexington Home Brands, didn't mean this literally. He was referring to an often-told tale about two shoe salesmen who are sent to a remote island by their employer.The first arrives and, after realizing nobody is wearing shoes, quickly declares it a lost cause and leaves. The second makes the same observation and declares it to be the opportunity of a lifetime. "
Read Full Article...
August 6,
2011 by in UnCategorized
By Home Furnishings Business in Executive Changes on August 7, 2011
Kincaid Furniture Co. has shuffled three of its top sales and marketing positions to better serve its retail partners and manage the company's growth potential.
Todd Hady has been named vice president of sales, responsible for managing all sales functions and overseeing the company's team of North American district sales managers. For the last eight years, Hady was Kincaid's vice president of sales in the Northeast. Prior to joining Kincaid, he was vice president of sales for Rhodes Furniture from the midwest to the southeast for 25 years.
Max Dyer has been named vice president of marketing. Dyer is charged with developing and guiding strategic marketing initiatives for the company and its retailers, including the Kincaid Shoppe program ShoppeLink, advertising, promotions and the company's online and social media efforts. Dyer was previously vice president of sales for the southeast region. He joined the company in 1999.
Continuing as vice president for upholstery sales and merchandising, Steve Beeker assumes responsibility for working with Kincaid's district sales managers to expand the company's upholstery category. Beeker has been with Kincaid for six years. Prior to joining the company six years ago, Beeker was a territory manager for Waverly/F. Schumacher Fabrics.
Hady, Dyer and Beeker will each continue to call on major accounts and report to Steve Kincaid, president.
Realigning these key responsibilities allows us to create consistency in communications and management, said Kincaid. And, having Todd, Max and Steve devote their considerable talents to creating focused strategies and programs that are aligned with our customers current and future growth plans helps ensure success for our retailers and us.