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Lacquer Craft opens closeout store in N.C.

Heath E. Combs -- Furniture Today, March 11, 2007

Greensboro — Lacquer Craft has opened a store here named Case & Cushion, which it says is dedicated to selling closeout and discontinued product from its Universal, Legacy Classic and Craftmaster brands.

The 15,000-square-foot outlet store — which also carries bedding — opened March 3 in a shopping center anchored by a Costco. The center also has Rooms To Go Kids and Sofa Express stores, and a full Rooms To Go is across the street.

Randy Chrisley, president and CEO of Universal Furniture, said the store was created to get rid of slow-moving, domestically warehoused product at full margins. He said local retailers were notified about the store, which he said respects the lines they carry and isn't intended to undercut pricing in the market.

Chrisley said Lacquer Craft is not interested in opening a chain of retail stores based on the model.

"It's not a Universal store or Legacy store, it's just a name," he said.

The store is run by a sister company of China-based Lacquer Craft, called Elite Home Furnishings. A business license filed in Greensboro lists Yao Yu Chien and Chou Li Su as the Elite representatives.

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Lacquer Craft opens store for closeouts, discontinued items

Mar 7, 2007

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