October 28,
2013 by in Business Strategy, Industry
There is the RH catalog or "source book," thicker than the September issue of Vogue. There is the hillside home in Belvedere, where everything is beautiful, symmetrical and in pairs - right down to the framed pictures of twin daughters. Then there is the man behind the catalog and home, Restoration Hardware's poster boy and creative force himself, Gary Friedman, 56, in a T-shirt, artfully distressed jeans, belt, boots and leather wristbands.
October 25,
2013 by in Business Strategy, Industry, Product, Upholstery
Upholstered furniture supplier England Inc. is marking its 50th anniversary by expanding its New Tazewell, Tenn., factory. The expansion will add 300 employees over the next five years.
October 24,
2013 by in Business Strategy, Industry
Retailer Nebraska Furniture Mart of Texas has topped out its 1.86 million-square-foot facility in The Colony, Texas. The 1.3 million-square-foot distribution center and the 560,000-square-foot furniture showroom will become the largest home furnishings store in the U.S. upon completion in the spring of 2015.
October 22,
2013 by in Business Strategy, Furniture Retailing, Industry
For the past decade, Art Van Elslander, one of the most powerful furniture retailers in the Midwest, stood by as a parade of storied Chicago chains, including John M. Smyth Co., Wickes Furniture Co. and Plunkett Furniture Co., nosedived into oblivion.
October 21,
2013 by in Business Strategy, Executive Changes, Industry
Online furniture retailer Wayfair has named Michael Fleisher, former group vice chairman for Warner Music Group, CFO, a step toward a possible initial public offering late next year or early 2015, said Niraj Shah, Wayfair CEO.
October 18,
2013 by in Business Strategy, High Point, Industry, Market, RTA
Ready-to-assemble supplier Sauder Woodworking Co. has refocused its business to capture a new generation of customers with an updated, contemporary logo, new packaging and redesigned digital platforms for a better online experience.
October 18,
2013 by in Business Strategy, Executive Changes, Industry
Home furnishings retailer Pier 1 Imports (NYSE: PIR) has put into effect a $200 million share repurchase program.