February 13,
2011 by in UnCategorized 
By Home Furnishings Business in Retail Closings on February 14, 2011
Johnson Bros. Furniture has turned a retirement sale into a closing sale, the Duluth News Tribune reported Monday.
Johnson Bros. Furniture, which has stores in Duluth, Cloquet and Superior, had advertised the sale as a retirement event for President Larry Johnson's father. Plans to sell the business fell through, though, which led the retailer to convert to a going-out-of-business sale.
"There was going to be someone to take it over," Johnson said in the report. "Someone else was going to buy it, but that's not going to happen now."
The Duluth closure leaves two stores--Anderson Furniture Co. and Robert's Home Furnishings--in the city's furniture retail hub, which once boasted seven stores.
February 12,
2011 by in UnCategorized
By Aggregated Content in Acquisition on February 13, 2011
from http://c.moreover.com/click/here.pl?z4045805859&z=1250249030
Oscar Rau Fine Furnishings in Frankenmuth, Mich., is closing and selling its building to Fenton Home Furnishings, the
Flint Journal reported.
Read Full Article...
February 10,
2011 by in UnCategorized
By Home Furnishings Business in Executive Changes on February 11, 2011
Home furnishings specialty transporter Furniture Transport Group has named Louis Massood executive vice president, sales.
The move is part of a major reorganization underway at Lenoir, N.C.-based Furniture Transport Group, led by president and chief executive officer, Steven Lusty, who assumed his new role early last month.
Previously, Massood was executive vice president of sales for MGM Transport. In his new role, he will lead the sales effort for the entire company, which was formed by the merger of MGM Transport Corp., Caldwell Freight Lines, Foothills Trucking Co. and Lance Transport to create one powerful, national transportation firm. He began his career at MGM Transport in 1989 as a night dispatcher.
"Louis Massood played an integral part over the years in the growth of MGM Transport Corp., and I believe his considerable knowledge and unerring dedication to our customers will be a key driver in growing our business at Furniture Transport Group as we move forward," Lusty said.
"Over the years, I've seen the company grow from a family-owned, regional trucking company for the furniture industry into a national concern offering the type of value-added services that a smaller regional company could not possibly provide," Massood said.
Those services include warehousing, truckload and consolidation services, expedited LTL service, as well as brokerage and nationwide home delivery.
"As we move forward, we will be providing pick-up service, not only domestically, but internationally from Asia, where so much of the furniture is manufactured today," he said. "We will then deliver it anywhere within the 48 contiguous states on one of our lines."
According to Furniture Transport Group, the company is the largest specialty transporter of home furnishings in the United States, utilizing state-of-the-art online and tracking technology, LTL and deconsolidation, dual coast warehouse and distribution facilities, light assembly capabilities, home delivery and best customer service practices.
February 10,
2011 by in UnCategorized
By Home Furnishings Business in Executive Changes on February 11, 2011
Home furnishings supply chain and logistics specialist Zenith Global Logistics has promoted David Ashwell to the newly created position of vice president, sales.
The move is part of Conover, N.C.-based Zenith's comprehensive strategic initiative to both streamline and expand its sales organization.
Ashwell previously served as Zenith's director of sales for North America.
"David is a self-driven, results-oriented professional who has been instrumental in helping Zenith Global bring its services into new markets," said Jack Hawn, president and CEO. "He has a solid understanding of the industry, and has demonstrated a consistent ability to use that knowledge to help retailers and manufacturers solve complex logistics challenges. This promotion recognizes David's contributions to Zenith Global and its customers."
"Our team and I work with furniture industry businesses all sizes, from smaller stores to Top 100 manufacturers and retailers," Ashwell said. "I'm proud to have played a vital role not only in Zenith Global's success over the last two years, but also the success of our customers, especially in these tough economic times. I looking forward to helping our sales organization build on the growth and market share gains weve already realized."
Zenith Global Logistics is an international supply chain provider specializing in home furnishings, providing comprehensive services from sourcing and shipping through warehousing, transportation and home delivery. Zenith currently operates more than 4.5 million square feet of warehouse domestically, including facilities in California, Texas, North Carolina and Virginia.
February 10,
2011 by in UnCategorized
By Home Furnishings Business in Bedroom on February 11, 2011
Wood bedroom furniture from China received a preliminary duty of 216.01 percent in a U.S. Department of Commerce administrative review of 2009 shipments.
Twenty-eight manufacturers received a separate preliminary duty rate of 16.24 percent as they were deemed to have sufficient freedom from government control to escape the People's Republic-wide 216 percent rate.
Click here for the Federal Register entry on the proceeding.