April 11,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Rent-A-Center (NASDAQ: RCII), the struggling rent-to-own operator, said it has named interim CEO Mark Speese as permanent CEO, and unveiled a strategic plan aimed at driving growth, restoring profitability, and boosting its sagging stock price.
April 11,
2017 by Larry Thomas in Business Strategy, Executive Changes, Industry
Houston-based Star Furniture said Bill Kimbrell has resigned as CEO after 12 years at the helm of the 11-store retailer.
April 11,
2017 by Larry Thomas in Display, High Point, Industry, Market
Case goods and occasional furniture resource Bernards Furniture Group and upholstery manufacturer Bauhaus Furniture Group are moving to larger High Point Market showrooms in the newly renovated Atrium on Main, 430 S. Main St.
April 11,
2017 by Larry Thomas in Business Strategy, Industry
Solid wood case goods and custom upholstery recourse Kincaid has added 74 retailers to its Kincaid Shoppe format this year, and the company said it will continue to seek additional dealers for the interactive, in-store program.
April 11,
2017 by Larry Thomas in Industry, Special Events
Organizers of the All-American Furniture Expo said they have received “overwhelming support” from manufacturers and retailers since the event was moved to the York Expo Center in York, Pa., and they’re looking for a record turnout for the Aug. 2-3 event.
April 10,
2017 by Larry Thomas in Economic News, Industry
Unlike furniture, home furnishings and most other durable goods, new car prices have risen steadily in recent years, according to data from the Bureau of Labor Statistics.
April 10,
2017 by Larry Thomas in Economic News, Industry
HHGregg began liquidation sales at its remaining stores over the weekend after the bankrupt retailer of electronics, appliances and furniture retailer was unable to find a buyer.