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Elite Home Opens Vegas Design Center Showroom

By Home Furnishings Business in Las Vegas on June 16, 2011

Elite Home Theater Seating has opened a year-round showroom inside the Las Vegas Design Center at World Market Center Las Vegas.

The Canadian-based designer of custom home theater seating has leased a 460-square-foot showroom in Las Vegas Design Center's Building A.

"Elite Home Theater Seating is a leader in the home theater seating industry and we're thrilled they've decided to open their first corporate showroom at Las Vegas Design Center," said Randy Wells, vice president of LVDC. "This showroom will allow Elite to deliver custom home theater seating to consumers and designers looking for special pieces to create a one-of-a-kind home entertainment space."

Maximo Furniture Opens First U.S. Store

By Aggregated Content in Furniture Retailing on June 16, 2011 from http://c.moreover.com/click/here.pl?z4850751291&z=1250249029 Maximo Furniture opened its doors on San Antonio's southside, locating itself at Southpark Mall next to Ana's Linens. The store marks the first U.S. location for furniture retailer Maximo and a success story in San Antonio's international business acquisition efforts. The furniture chain was introduced to the region through the city's CASA Mexico City office. "We are excited to launch our brand in San Antonio," states Maximo Furniture President, Jorge Reyes, "our team visited other communities and felt this city had many great opportunities for our company to grow." The San Antonio store will be number ten in

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Pier 1 Nearly Doubles 1Q profit

By Aggregated Content in Financial Reports on June 16, 2011 from http://c.moreover.com/click/here.pl?z4852171940&z=1250249032 Pier 1 Imports nearly doubled its first-quarter profit, as the company increased sales and profit margins and leveraged expenses. €œWe are very pleased with the results of our first quarter,€ Alex Smith, Pier 1€™s CEO, said in a release. €œWe continue to see the strength and sustainability in all aspects of our business €“ top-line sales growth, strong merchandise margins, prudent cost controls, operating margin improvement, a strong balance sheet and ongoing cash generation.€ Pier 1 reported a $14.1 million net profit for the three months ending May 28, or 12 cents per share of common stock, compared to

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Former Apple Executive Will Lead J.C. Penney

By Aggregated Content in on June 15, 2011 from http://c.moreover.com/click/here.pl?z4846862637&z=1250249027 J.C. Penney Co. is looking to take a bite of Apple's magic. The department store chain has named Ron Johnson, who pioneered Apple Inc.'s retail stores, its next chief executive. He will succeed Myron Ullman III in November. Johnson was credited with developing Apple's popular Genius Bar, where customers can get hands-on technical support. He will report to Ullman, who will become executive chairman. Ullman has been CEO and chairman since 2004. Apple's retail chain has grown to 300 stores and become the gold standard for other retailers looking to make their stores modern and exciting. Johnson joined

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Gelco Buys Seaside Furniture

By Aggregated Content in Acquisition on June 15, 2011 from http://c.moreover.com/click/here.pl?z4845382922&z=1250249032 Izzy Lindner, the owner of Gelco Furniture in Ocean Township and Toms River, has high praise for his former competitor, Seaside Furniture. €œThere was nobody in this country that could have given you service and comfort and security as dealing with Seaside Furniture,€ said Lindner. €œThey were my competitors for all these years.€ Seaside Furniture on Route 37 in Toms River went out of business earlier this year, a victim of the economy. Now Lindner

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