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Dorel Declares 15-Cent Dividend

By Home Furnishings Business in Case Goods on February 18, 2011 Industry supplier Dorel Inds. has declared its regular quarterly dividend of 15 cents per share.

The dividend covers the outstanding number of Dorel's class A multiple voting shares, class B subordinate voting shares and deferred share unites.

The dividend is payable March 17 to shareholders of record at the close of business March 3.

Dorel is a supplier of  home furnishings, juvenile products and bicycles. The company's home furnishings segment markets an assortment of furniture products, both domestically produced and imported.

PMD Furniture Direct Names Top Franchises

By Home Furnishings Business in Furniture Retailing on February 18, 2011

Furniture retail franchiser PMD Furniture Direct has named its President's Club Award-winning franchisees for 2011.

The winners will travel to Aruba in May. The President's Club Award goes to the top performing franchise owners and is based on their gross purchases and an internal point calculation system from the prior year.

The newest class of winners was announced at an awards banquet held earlier this month during PMD's National Sales Conference for franchisees in Columbus, Ohio. This year's winners include: Jerry Krieg, Tacoma, Wash.; Brad Loy, Boise, Idaho; Charlie Colwell, Birmingham, Ala.; Bob Wert, Chico, Calif.; Lynn Metzer, Denver, Colo.; and Sandi Varn, Tallahassee, Fla.

"We believe it important to recognize great work, and the President's Club winners are examples of hard work paying off in many ways," said PMD Founder, President and CEO Jeff Hosking.

Pier 1 Shares Close to 50-Day Moving Average

By Aggregated Content in Furniture Retailing on February 18, 2011 from http://c.moreover.com/click/here.pl?z4146783640&z=1250249030 Shares of Pier 1 Imports, Inc. (NYSE:PIR) closed the trading day at $10.27 close to its 50-day moving average currently set at $10.24.

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Furniture Deals & Steals to Close

By Aggregated Content in Furniture Retailing on February 18, 2011 from http://c.moreover.com/click/here.pl?r4147032009&f=10761 Furniture Deals & Steals in Appleton, Wis., is closing, but its end date has not been nailed down.

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Ikea to Build Swedish Wind Project

By Aggregated Content in Green on February 18, 2011 from http://c.moreover.com/click/here.pl?z4146898134&z=1250249032 Home furnishings retailer Ikea has announced plans to add to its wind project portfolio by building a project in central Sweden.

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