March 21,
2013 by in UnCategorized 
By Home Furnishings Business in Bedding on March 22, 2013
High-end bedding and mattress vendor Comfort Solutions has released an educational video for retailers on its patent-pending Flare mattress concept.
The three-minute film highlights the results of consumer research Willowbrook, Ill.-based Comfort Solutions conducted prior to introducing its exclusive Flare concept at the January Las Vegas Furniture Market. The video also is available on YouTube.
The research, which includes surveys of primarily women ages 25 to 64 as well as mall intercepts, revealed that more than two-thirds of consumers say their sleep is disturbed by their partners movements.
One third indicated that space issues prevented them from buying a bigger mattress, said company President and COO Dave Roberts, while 82 percent said they would choose a Flare queen over a traditional queen mattress.
Borrowing from the products tagline Supersize Your Sleep, the video encourages retailers to supersize (their) traffic, AUSP, sales, profits and market share. It also promotes the Flare Mattress Sheet Guide (also viewable at flarecentral.com) which lists stores, sheet brands, sizes and deep pocket measurements that accommodate Flare beds of any size.
For shoppers who want custom-made sheets, Comfort Solutions will offer its own branded series of Flare sheet sets. The proprietary line will be made available at flarecentral.com in the near future.
The Flares trapezoid configuration adds a full half-foot of extra sleeping space to virtually any Comfort Solutions-brand mattress size or construction while enhancing edge durability, which decreases motion disturbance, promoting uninterrupted sleep.
The extra half-foot of sleep space (three inches on each side of the mattress) is added without changing the matching foundation and without requiring a new bed frame or new bed furniture.
March 20,
2013 by in UnCategorized
By Aggregated Content in Business Strategy on March 21, 2013
from http://www.bizjournals.com/denver/morning_call/2013/03/jake-jabs-waits-on-colorado-springs.html?ana=RSS&s=article_search
Jake Jabs, CEO of American Furniture Warehouse, is waiting to see how military cuts affect Colorado Springs before deciding whether to open a second store in the city, The Gazette reports.
The furniture retailer paid $8.29 million about two years ago for land along Powers Boulevard where it planned to open a store and warehouse. But after talking with friends and advisers Jabs said he is first going to gauge the fallout in the community from Department of Defense budget cuts.
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March 20,
2013 by in UnCategorized
By Aggregated Content in Financial Reports on March 21, 2013
from http://www.brandonsun.com/business/breaking-news/the-brick-says-net-income-rises-34-per-cent-in-q4-to-137-million-199295861.html
The Brick Ltd. (TSX: BRK) says its net income rose 3.4 per cent in the fourth quarter of 2012 to $13.7 million, or 13 cents per diluted share.
That compares to net income of $13.2 million, or 10 cents per diluted share, in the same period a year before.
The fourth-quarter result includes $4 million in costs related to the acquisition of the company by rival Leon's Furniture Ltd. (TSX:LNF).
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March 20,
2013 by in UnCategorized
By Aggregated Content in Business Strategy on March 21, 2013
from http://www.rejournals.com/2013/03/21/art-van-furniture-leases-183500-square-foot-distribution-center/
Art Van Furniture has leased warehouse space totaling 183,500 square feet in Bolingbrook, Ill., to support its expansion into the Chicago market.
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March 20,
2013 by in UnCategorized
By Home Furnishings Business in Furniture Retailing on March 21, 2013
GE Capital Retail Bank and American Signature have signed a multi-year relationship to provide consumer credit card services through the home furnishings retailer's 126 American Signature Furniture and Value City Furniture locations across the U.S.
"GE Capital's longevity in the industry and expertise in providing consumer financing programs make them the right choice for our stores and customers," said Ed Cornell, executive vice president and chief financial officer for American Signature Furniture. "We're pleased to work with them to build our business and provide home furnishing shoppers with promotional financing offers."
American Signature family of furniture companies spans across 126 U.S. locations, offering a full range of furnishings and accessories for the entire home, including living room, bedroom, dining room, kids and home office. The private label consumer credit card program includes the American Signature Furniture and Value City Furniture credit cards, and provides exclusive savings events and opportunities, access to online account management, and extended terms and special financing promotions.
"American Signature is a leading furnishings retailer well-known for its history of dedication and service to its customers," said Paul Schell, general manager, GE Capital's Retail Finance business. "We look forward to working with them on building their sales and customer loyalty through financing."