Daily News Archive
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February 2,
2011 by in UnCategorized 
By Aggregated Content in Financial Reports on February 3, 2011
from http://c.moreover.com/click/here.pl?z4007485887&z=1250249032
Stanley Furniture Company, Inc. reported a net loss for the fourth quarter of $8.3 million, compared to a net loss of $1.3 million for the year-ago quarter.
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February 2,
2011 by in UnCategorized
By Home Furnishings Business in High Point on February 3, 2011
The High Point Design Center is gearing up for next week's three-day Unity in Design event that will feature more than 50 designer-friendly showrooms.
Focusing on residential, commercial and kitchen and bath designers, Unity in Design is sponsored by the Association of Interior Design Professionals; American Society of Interior Designers, Carolina Chapter; International Interior Design Association, Carolinas Chapter; Interior Design Society; and the National Kitchen & Bath Association.
The event, scheduled for Feb. 9-11, is hosted by the High Point Design Center, an association of member showrooms that open to designers on a year-round basis.
The trend across the industry is that interior designers are becoming much more important as a distribution channel, and in fact, may become the primary point of sale for manufacturers at the high end, said Jeanne Glenn, executive director of the High Point Design Center. The reality in our industry is that retail stores are disappearing and have been for a number of years, and nowhere is that more emphatically true than at the high-end.
February 2,
2011 by in UnCategorized
By Home Furnishings Business in Acquisition on February 3, 2011
Workforce, inventory and transportation management software vendor RedPrairie has acquired Escalate Retail, the company announced Tuesday.
San Diego-based Escalate Retail is a leading provider of all-channel commerce to specialty retailers, direct marketers and big-ticket retailers. Terms of the deal were not disclosed.
According to RedPrairie, Atlanta, the acquisition creates a compelling combination of assets, capabilities, and people that leverage Escalate's capabilities and extend RedPrairie's supply chain leadership position to create a combination of solutions that integrate and optimize the customer experience, from search to sale to delivery, no matter when, where or how the customer chooses to shop.
Escalate serves more than 500 businesses, including 11 of the largest 100 retailers worldwide, more than 50 of Internet Retailer's top 500 e-commerce sites, as well as numerous furniture retail customers.
"With this acquisition, RedPrairie will be ideally positioned to manage both supply chain and retail activities, from the time a customer first makes contact with the retailerno matter the channel, touch point, or deviceall the way through to fulfillment," said RedPrairie CEO Mike Mayoras. "Additionally, we have enhanced our ability to leverage our Workforce and Inventory Management solutions to help retailers optimize inventory and fulfillment processes regardless of where the order is in the supply chain."
"The consumer has evolved," said Stewart Bloom, CEO of Escalate Retail. "More than ever, consumers are using a number of different channels to interact with retailers outside of the store from online and mobile devices, to call centers and social media among others. Our merging with RedPrairie results in unparalleled capabilities to optimize the customer experience, from search to sale to delivery."
RedPrairie has more than 20 global offices and solutions that are installed at more than 34,000 customer sites in over 40 countries.
February 2,
2011 by in UnCategorized
By Home Furnishings Business in Green on February 3, 2011
Furniture components supplier Hickory Springs has launched EarthCare Challenge II, a follow up to last year's successful contest.
Following the 2010 EarthCare Challenge, which chronicled individual contestants' quests toward a greener lifestyle, this year's competition will bring together communities and school groups in search of the best green projects presented by teams.
To enter, teams must post either a photo or video of their project with information on the EarthCare Challenge Facebook page by Feb. 18.
"Through the EarthCare Challenge, Hickory Springs celebrates the people that make grassroots initiatives possible, proving that you're never too young or old to make a difference in your community," said Hickory Springs Executive Vice President Dwayne Welch. "Schools are a foundation for tomorrow's leaders; the Challenge provides an opportunity for students to be rewarded for inspiring their friends, family and communities to live more sustainably."
The EarthCare Challenge takes place entirely on Facebook and is featured on affiliated sites on Twitter, YouTube and EarthCareInside.com. It promotes Hickory, N.C.-based Hickory Spring's EarthCare Inside line of recycled and bio-based components for upholstered furniture, featured in products from manufacturers such as Craftmaster Furniture, Alan White Furniture, England and H.M. Richards.
"Over the last several years many home furnishings companies such as Hickory Springs have committed themselves to providing consumers with products that help them lead a greener lifestyle," Welch said. "We are excited to have an interactive platform that encourages the dialogue and brings more awareness around the efforts made by our furniture industry partners."
The call for entries runs through Feb. 18 on the EarthCare Challenge fan page on Facebook. On Feb. 21, Hickory Springs will announce the finalist teams selected to compete in The EarthCare Challenge, which will take place on the page throughout March.
Through Facebook updates, teams demonstrate the progress of their projects, while the public is encouraged to join the page and vote for their favorite through comments or 'Likes' on contestants' posts.
Judged by a panel of green experts and Hickory Springs, a winner will be announced on April 4 based on the team that has demonstrated the most dynamic progress. The grand prize includes $1,000 to the winning team plus a collection of EarthCare furniture to be used to furnish their community space of choice.
The contest is open to U.S. residents over 21 years of age. Middle and high school students affiliated with schools or after-school programs may participate with a team leader who is over the age of 21. Official contest details are available here.
February 2,
2011 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on February 3, 2011
The Greater New York Home Furnishings Association has elected Abraham Feinblum president for 2011 and 2012.
Feinblum, business manager for Long Island-based Julius M. Feinblum Real Estate Inc., succeeds Christopher DeLisa, vice president of sales and marketing for Cory 1st Choice Delivery. Feinblum was installed as president at the association's January board meeting, where he also presented his nominations for the executive board.
Feinblum and his family have a long standing connection and commitment to the furniture industry. He has a reputation of solid commitment to his industry and community.
Members of the GNYHFA Board of Directors for 2011 and 2012 are: Christopher DeLisa, Patrick Cory, Russell Bienenstock, Louis Massood, Tommy Leflein, Andrew Gans, Jordan Greenberg, Anthony Bellarosa, Frank Arroyo, Brad Pyne, Robert Segal, Marty Herman, Michael King, Harris Kirsch, Lenny Kharitonov and Steven H. Halper.