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Larry Thomas

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I'm Larry Thomas, business editor of Furniture/Today. In my 17 years here, I've written stories about everything from box springs to wicker chairs. For 12 years, I wrote the weekly "Bedding Today" column, which is now in the capable hands of executive editor David Perry. Since being named business editor in 2001, most of my stories have dealt with home entertainment furniture, recliners, financial news and furniture markets. I look forward to discussing key industry issues in this forum, and I welcome your thoughts and opinions.

Title: Bedding Editor

Email: l.thomas@reedbusiness.com

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Recession not over for consumer electronics, either

Although there were a handful of optimistic reports about business conditions coming out of the Las Vegas Market and High Point premarket, suffice it to say that nobody in the home furnishings industry is celebrating the end of the recession just yet. But clearly, we’re not alone. Even the consumer electronics business, with all of its high definition TVs and other cool gadgets, is... More

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Let's give these "outsiders" a chance

The story about Sealy’s hiring of former Whirlpool executive Jodi Allen had only been available on our Web site for about an hour Thursday when a reader slammed the company for hiring her. Describing Allen as “someone from outside the industry to screw things up,” the reader concluded that the poor track record of previous executives with no furniture or bedding... More

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All shareholders could lose in recount battle

In an unusual move last week, shareholders of airbed manufacturer and retailer Select Comfort narrowly rejected a deal that would have given controlling interest to the private the equity firm of Sterling Partners for $35 million. Or did they? Select Comfort, which said a few hours after voting ended that the results had been certified by the consulting firm Broadridge Financial Solutions,... More

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McIngvale still pursuing thoroughbred dream race

Since I’m the only horse racing fan on the Furniture/Today editorial staff, I have been assigned to follow Gallery Furniture owner Jim McIngvale’s effort to arrange a race between Rachel Alexandra and Zenyatta, two females who, in my humble opinion, are the best horses in the country right now. McIngvale, a longtime thoroughbred owner himself, initially proposed a $2 million... More

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Suit against former Spring Air owner resurfaces

American Capital Strategies, which owned the “old” Spring Air brand, probably was hoping to rid itself of a class action lawsuit filed by former workers when it went to bankruptcy court on May 29. But the suit, which seeks 60 days wages and retirement benefits for some 700 workers who were suddenly dismissed earlier that month, has resurfaced in the form of an adversarial... More
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