October 10,
2013 by in Business Strategy, Industry
Specialized furniture carrier and international 3PL provider Zenith Global Logistics has relocated its freight hub in Maryland.
October 7,
2013 by in Business Strategy, Industry
L. & J.G. Stickley Inc. in Manlius is planning to invest $3.8 million in an expansion that would add 50 new jobs if the company secures funding from the state.
October 1,
2013 by in Business Strategy, Furniture Retailing, Industry
Home furnishings retailer West Elm has committed to purchase $35 million in handcrafted products through 2015, a 40 percent increase in spending during the next two years.
September 27,
2013 by in Business Strategy, Furniture Retailing, Industry
J. C. Penney is looking to raise more than $800 million in equity as the struggling department store chain looks to build up its cash reserves heading into the holiday season.
September 25,
2013 by in Business Strategy, Designer Weekly, Industry, Web Retail
Lulu Designs has added another dimension to its design business by offering e-design service for its clients.
September 24,
2013 by in Business Strategy, Industry, Product, Upholstery
Upholstery supplier Lee Inds. dedicated its new corporate offices in Conover, N.C., Monday with N.C. Gov. Pat McCrory looked on.
September 18,
2013 by in Business Strategy, Industry, Special Events
Ron Wanek, the chairman and founder of America's largest furniture company, is a billionaire - nearly twice over. He makes his comeback to The Forbes 200 list of Richest Americans thanks to the strength of Ashley Furniture.
Forbes' analysis indicates Wanek is the majority owner of the privately held manufacturer and retailer of home furnishings, based out of Arcadia, Wis. The company generated more than $3.5 billion in revenue in 2012, more than any other U.S. furniture maker. The 72-year-old chairman's stake in the company is worth $1.8 billion.
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Source: Forbes.com