Larry Thomas
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
Special OrderLink This | Email This | Comments (1) Wickline bankruptcy serves double dose of sadnessIt’s never fun to write a story about a retailer or manufacturer filing for bankruptcy, but I was particularly saddened to write about Wickline Bedding , a family-owned independent mattress producer near San Diego that recently filed for Chapter 7 bankruptcy liquidation. When I was Furniture/Today’s bedding editor from 1990 to 2001, I always looked forward to chatting with... MoreLink This | Email This | Comments (3) No tears needed for Simmons ownerDon’t feel sorry for T.H. Lee, the private equity firm that has been the majority owner of Simmons since 2003. On the surface, it looks like the firm stands to lose a boatload of money by agreeing to sell the bedding producer to affiliates of Ares Management and the Ontario Teachers Pension Plan for about $760 million. After all, an investor group led by Lee paid $1.1 billion for the... MoreLink This | Email This | Comments (0) Recession not over for consumer electronics, eitherAlthough 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... MoreLink This | Email This | Comments (3) Let's give these "outsiders" a chanceThe 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... MoreLink This | Email This | Comments (0) All shareholders could lose in recount battleIn 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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