Furniture First renews board terms, officers
Furniture Today Staff -- Furniture Today, June 4, 2012
HIGH POINT - Buying group Furniture First held its general membership meeting and annual meeting during the High Point Market here, voting to renew the terms of its current board and most of its officers.
In addition, Steve Kloss, owner of The Tin Shed in Highland, Ill., returned to the board. Kloss was among the small group of retailers who founded Furniture First in 1994.
Retiring from the board was Riley Griffiths, owner of Riley's Furniture Gallery in Monroe, Ohio. Griffiths received a plaque recognizing his contributions to the group during his six-year tenure.
During the meeting, the group heard from member Richard Rusnak, owner of Russell's Fine Furniture in Santa Clara, Calif., who described how a product he discovered through a visit to the group's showroom during a 2010 market contributed more than $1 million in sales for Russell's, according to a release.
He also said the group's private label strategies have allowed his store to compete with larger chains in a market that heavily uses the Internet.
Furniture First has 191 company members with 425 stores doing $1.4 billion in annual sales.
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