Daily News Archive
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March 31,
2013 by in UnCategorized 
By Home Furnishings Business in Furniture Retailing on April 1, 2013
Stan Adelstein is retiring as chairman of furniture retailer Bob's Discount Furniture after working for the company for more than two decades.
Adelstein has been chairman for the last six years, and prior to that was the retailer's CEO from 2005 through 2006.
"It's been an honor being Stan's partner for the past 20 years and seeing a master at work," said Bob Kaufman, Bob's co-founder and president. "Stan has been a driving force in building Bob's into one of the country's premiere furniture retailers."
Adelstein, who learned retailing in a family business in the Boston area, joined Bob's as a consultant soon after the retailer started in 1991, and became one of the company's original partners. He was instrumental in shaping the company's merchandise mix, marketing strategy and Internet initiatives, launching the company's e-commerce Web site before most other furniture retailers tapped the potential of online sales.
"Stan is one of the rocks on which Bob's was built," said Ted Enlgish, CEO. "His vision, passion and creativity are unmatched and we wish him the very best in his retirement. He will be missed greatly by our team."
During Adelstein's years with Bob's, the company has grown from a single store with a handful of staff in Newington, Conn., to a chain of 45 stores employing more than 3,000 people across nine East Coast and Mid-Atlantic states.
Adelstein, 76, plans to devote more time after his retirement to his family, gardening, and fishing.
"I want to thank my partners and all the members of the Bob's organization for letting me be part of their extended family for so many wonderful years," he said. "Together, we developed a truly unique and successful business model - based on value, integrity and honesty."
March 31,
2013 by in UnCategorized
By Home Furnishings Business in licensing on April 1, 2013
Bombay Heritage and the Powell Co. have announced the debut of Ella, the first youth bedroom group being introduced under the Bombay Kids brand.
The 12-piece Ella collection features classic shapes with clean lines, and lots of storage options, and comes in a fresh white finish. Each case piece can be customized by changing the color of the panels in choices of pink, blue, black, or fresh white.
This is just the beginning for Bombay Kids, said John Conrad, Powells vice president of Bombay Merchandising. We have many more introductions planned for 2013 and beyond.
There is pent-up demand for Bombay Kids furniture and accessories, said Lisa Pavelski, vice president of merchandising at Hermes-Otto International, the owner of the Bombay Brand. "Kids is a major portion of Bombays lifestyle brand. We are excited that Powell is taking the lead on this brand initiative and we cant wait to see consumer reactions."
Ella will be on display during the April 20-25 High Point Furniture Market at The Powell Co. showroom, located in the Furniture Mart Building, Space 100, 200 S. Main St.
March 29,
2013 by in UnCategorized
By Aggregated Content in Upholstery on March 30, 2013
from http://www.nytimes.com/2013/03/31/us/osha-emphasizes-safety-health-risks-fester.html?pagewanted=all&_r=1&
The N.C. furniture foam manufacturing industry plays a central role in a recent story published by The New York Times about the Occupational Safety and Health Administration's inability to keep workers safe from chemicals used in production.
The story documents OSHA's banning of one glue chemical that resulted in the substitution of another one that turns out to be much more harmful to workers' health.
Read Full Article...
March 28,
2013 by in UnCategorized
By Home Furnishings Business in Acquisition on March 29, 2013
The Leon's Furniture (LNF.TO) acquisition of home furnishings retailer The Brick (BRK.TO) is complete.
Under the deal, Leon's acquired all outstanding common shares of The Brick at $5.40 per share and all of the outstanding common share purchase warrants of The Brick for $4.40 per warrant.
With the completion of the plan of arrangement, the common shares and common share purchase warrants of The Brick will cease to be listed for trading on the Toronto Stock Exchange on or about April 1.
March 28,
2013 by in UnCategorized
By Home Furnishings Business in on March 29, 2013
Home furnishings retailer Williams-Sonoma Home has brought back its signature catalog for spring.
The catalog, which ships April 2, will showcase a new look for the brand, part of the Williams-Sonoma (NYSE: WSM) portfolio.
Inspired by distinctive design, superior quality, and authentic craftsmanship, the new look of Williams-Sonoma Home is relevant and timeless. With a focus on exquisite materials and design details, products are available in materials such as brass, nickel, stone, oak, and cashmere and feature luxury design details. Customers can select from a curated collection of premium textiles sourced from around the world and upholstery, assembled in the U.S., is made to order.
"We believe homes are as unique and individual as the people who live in them, and we've created a new look for Williams-Sonoma Home that is inspirational and more relevant to how customers are decorating their homes today," said Monica Bhargava, executive vice president of product development. "The new Williams-Sonoma Home is chic, elegant and luxurious but also accessible and livable."
The three styles featured in the spring collection are New Traditional, Beach Chic and Rustic Modern. New Traditional is based on the juxtaposition of textures, colors and materials. The style includes classic silhouettes, luxurious fabrics, rich colors and refined patterns. Beach Chic is inspired by waterside living with a composition of natural fibers, classic coastal palettes, and accents of coral. Rustic Modern features natural materials, expressive objects and polished accents to create a sense of lived-in luxury. The collection includes hides, natural rugs, horn objects, metals and original art.