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LoveSac Opens Store

By Aggregated Content in Store Openings on April 27, 2011 from http://c.moreover.com/click/here.pl?z4558295626&z=1250249032 The LoveSac €” the outsized, beanbag-like chair that bespeaks the freewheeling '60s and '70s €” is opening a new store.

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Jerome's Furniture Sponsors Walk for Hope

By Home Furnishings Business in Community/Charitable Support on April 27, 2011

San Diego-based Jerome's Furniture will sponsor a Walk for Hope in support of the medical research facility City of Hope.

Jerome's has maintained its dedication to the City of Hope for decades and recently was awarded a Lifetime Achievement designation from the non-profit thanks to its commitment to the cause. This year, Jerome's goal is to build awareness and participation for the City of Hope's fundraiser in San Diego€”The Walk for Hope. The walk is scheduled for May 21.

The Walk for Hope is a day event at Point Loma Nazarene, selected for its views and central location. Walkers can participate in a 4K or 2K, and will be joined by thousands of attendees who are part of a movement to help people whose lives have been touched by cancer to have hope and be able to live longer, healthier lives.

By joining together in this mission, Jerome's is part of the effort to advance the cause, and get closer to the dream of one day living in a world without cancer€”especially finding cures and breakthrough treatments for women's cancers. The company will be providing a significant amount of donated on-air radio advertising time to build awareness for the event, and all employees interested in walking will have their admission fee paid for by Jerome's. In addition, each of the company's seven showrooms across southern California will have entry forms and their sales staff will be ready to provide more information to customers interested in participating.

To communicate the message of The Walk for Hope, Jerome's will be setting up on-site kiosks where customers can share what "hope" means to them. They expect hundreds of inspiring messages to be shared in-store, online and on the company's Facebook page. The Navarra family, owners of Jerome's, is especially proud to outfit the Survivor's Pavilion with comfort seating.

"Jerome's is in," said Jerry Navarra, chairman of Jerome's Furniture. "Faced with alarming statistics with nearly 300,000 women in the U.S. diagnosed with cancers€”including our own family members - we feel the fight must continue to conquer this disease. We're proud local sponsors of the City of Hope's vision to one day provide a cure for all cancers."

At the event, attendees will enjoy live music, entertainment, a children's area, sponsor giveaways and vendor booths, and more.

"The Walk for Hope continues to grow in San Diego and we are thankful to local companies like Jerome's who have stepped up to bring greater awareness to the City of Hope in our region," said Ellie Levine from Walk for Hope. "Their years of dedication to our cause have not gone unnoticed and have helped us get closer to finding a cure."

La-Z-Boy Names General Counsel

By Home Furnishings Business in Executive Changes on April 27, 2011

Rand Tucker has been named vice president and general counsel for La-Z-Boy (NYSE: LZB), a new position for the company.

In his new position, effective May 1, Tucker will be responsible for overseeing the company's legal and environmental affairs.

Tucker joined La-Z-Boy in 2000 as corporate counsel, when La-Z-Boy acquired LADD Furniture. At LADD, he was vice president and general counsel. Prior to joining LADD, Tucker was a partner in the Charlotte office of Kilpatrick Stockton LLP.

"Rand has been an invaluable asset to our company over the past 11 years," said Kurt Darrow, president and CEO of La-Z-Boy Inc. "In addition to having a wealth of experience in various legal and environmental issues, he understands our company, our industry and the legal obligations and ramifications of today's business climate. With this appointment, the coordination of the company's legal, compliance and environmental practices will be streamlined, allowing for enhanced communication in all areas going forward."

Tucker earned his law degree from the University of Michigan and a bachelor of arts degree from the University of North Carolina at Chapel Hill, where he was a Morehead Scholar and a member of Phi Beta Kappa. He is licensed to practice law in both Michigan and North Carolina.

"I work with a great legal and environmental team at La-Z-Boy and look forward to leading the group and continuing to build our in-house capabilities," Tucker said.

Costco Ups Stock Repurchase Program to $4B

By Home Furnishings Business in Financial Reports on April 27, 2011

Costco Wholesale Corp. (NASDAQ: COST) has approved a common stock repurchase program of up to $4 billion.

The program will expire April 2015 and replaces the existing program, which has unused authorization of about $800 million. The existing program expires in July.

In addition, the retailer's board declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from $.205 to $.24 per share. The dividend is payable May 27 to shareholders of record on May 13.

Denver-Area Ikea Opening Early

By Aggregated Content in Furniture Retailing on April 26, 2011 from http://c.moreover.com/click/here.pl?r4553312995&f=10761 Ikea's Denver-area furniture store in Centennial, Col., will open earlier than expected.

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