Furniture Retailing

• Ikea CEO says company well positioned

  Furniture Today Staff, November 20, 2008
  NEW YORK — Ikea CEO Anders Dahlvig says his company has seen a slowdown in sales in the United States and Europe, but says the Swedish retailer's focus on smart, affordable design has it well positioned for tough times.  More

• E-Spresso Shop serves up home furnishings Web help

  Lisa Casinger, November 19, 2008
  HIGH POINT — Industry veterans Johne Albanese and Steve Bailey have launched a Web marketing company, The e-Spresso Shop, to help home furnishings retailers and manufacturers reach Gen X and Y consumers online.  More

• Pier 1 Imports predicts 16-18% same-store sales decline

  Clint Engel, November 18, 2008
  FORT WORTH, Texas — Pier 1 Imports warned that fiscal third quarter same-store sales will be down 16% to 18% from the same period last year as the slowdown in consumer spending continues.  More

• UPDATE: Star Furniture opens 75,000-square-foot Houston store

  Clint Engel, November 17, 2008
  HOUSTON — Star Furniture has opened a two-level, 75,000-square-foot store here, bucking a tough economic environment.  More

• Mattress Firm promotes Patty Wade to vice president

  Furniture Today Staff, November 14, 2008
  HOUSTON — Retailer Mattress Firm has promoted Patty Wade, who joined the company last year as director of IT services, to vice president of strategic planning.  More

• Ethan Allen approves dividend, stock options

  Furniture Today Staff, November 13, 2008
  DANBURY, Conn. - Manufacturer and retailer Ethan Allen approved its regular dividend and also said it awarded stock options to key management employees, "recognizing the extraordinary challenges of the current economic environment."  More

• Havertys' suspends quarterly stock dividend

  Furniture Today Staff, November 13, 2008
  ATLANTA — Havertys' board has voted to suspend the furniture retailer's quarterly stock dividend, citing the weak sales environment.  More

• Scam artist gets $400 from HOM Furniture

  Furniture Today Staff, November 13, 2008
  ROCHESTER, Minn. — Police here are investigating a scam that involves a caller posing as a marketing director for HOM Furniture who requested a special payment to a customer, according to a local television report.  More

• Furniture store C.S. Wo adds organic mattress line

  Larry Thomas, November 13, 2008
  HONOLULU — Top 100 chain C.S. Wo has introduced a line of organic mattresses and pillows called OrganicPedic by OMI.  More

• New York furnishings group to honor Bograd, Simonetti, Feinblum

  Furniture Today Staff, November 13, 2008
  UPDATED  NEW YORK — Joseph Bograd of Bograd's Fine Furniture in Riverdale, N.J., Ray Simonetti of Broyhill and Julius M. Feinblum of Julius M. Feinblum Real Estate will be the honorees at the Greater New York Home Furnishings Assn.'s annual dinner dance next week.  More

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