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Posts Tagged ‘Furniture Industry

Furniture store caught for false advertising

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A Henrietta, New York furniture store has paid $10,000 in fines for deceiving the public by making false claims it was going out of business when it was still making sales on new furniture.

Attorney General Eric Schneiderman’s office on Wednesday said the store, HQ Home, made false statements in advertisements for a going-out-of-business sale.

“The business advertised that they were holding a going out of business sale while continuing to receive shipments of new furniture, which is a violation of New York state law,” according to a release from Schneiderman’s office.

The company was forced to pay $10,000 in civil penalties to the state and forfeit $500 to the town of Henrietta for the permit it was required to obtain to conduct a going-out-of-business sale.

“When businesses deceive customers and violate state law with false and misleading advertisements, there must be consequences,” Schneiderman said in a release. “My office will stand up for consumers and use our enforcement power to penalize dishonest business practices whenever and wherever we find them.”

See the full story from the Rochester, New York Democrat and Chronicle here: http://www.democratandchronicle.com/story/news/2015/02/18/furniture-false-advertising-hq-home/23614075/.

Written by cabinettrends

March 19, 2015 at 7:00 am

City Furniture converts delivery trucks to natural gas

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In hopes of cutting fuel costs, City Furniture plans on converting all 85 delivery trucks to compressed natural gas.

While becoming of the first private companies to do this, City Furniture anticipates the move will cut it fuel cost by almost half the price, saving the company perhaps $20,000 per year, according to the Sun Sentinel.

Andrew Koenig, City Furniture’s managing director of operations, said the company will receive $250,000 from a state rebate from its decision to convert its trucks. Koenig said the company plans on applying for an additional $30,000 to build a CNG station and invest $600,000 to increase its CNG truck numbers to 119 by 2016.

The tax breaks will help the company recover from its $1 million investment in CNG in possibly 12 to 18 months.

The company currently has a natural-gas pipeline which Koenig says help cut its cut for refueling its trucks.

Written by cabinettrends

May 7, 2014 at 7:00 am

September furniture orders up 4 percent from 2012

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New furniture orders in September 2013 were 4 percent higher than orders in September 2012 and were 12 percent higher than August 2013, according to Smith Leonard PLLC’s latest survey of residential furniture manufacturers and distributors.

Nearly 72 percent of respondents reported higher orders in September, slightly lower than the previous month but still in-line. Year-to-date for 2013, new orders remained 6 percent ahead of the first three quarters of 2012. A recent record of nearly 80 percent of participants reported higher orders year-to-date.

Shipments for September were up 11 percent over the same month 2012 and 5 percent higher than August. About 81 percent of respondents reported higher shipments in September compared to September 2012. Year-to-date shipments for 2013 remained 4 percent ahead of the same period in 2012, with 69 percent of participants reporting increased shipments for the nine months in 2013.

Order backlogs also rose in September compared to August, up 5 percent as order dollar volume exceeded shipments in dollars. Backlogs in 2013 were 14 percent higher than in September 2012, which is also down slightly from 17 percent reported in August.

Read the complete survey at http://www.smithleonardcpas.com/cms/wp-content/uploads/2013/12/Furniture-Insights-November-2013.pdf.

Written by cabinettrends

December 16, 2013 at 7:00 am

Canadian furniture company to occupy vacant warehouses in Buffalo

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Gracious Living Corp., a Toronto-based composite patio furniture, housewares and shelving company, is coming to Buffalo, New York’s Outer Harbor to occupy two vacant warehouses, which signifies the return of manufacturing to Buffalo, The Buffalo News reports.

The warehouses are located on the harbor (find out the universal name for the harbor), and are owned by the Niagara Frontier Transportation Authority, Gov. Andrew M. Cuomo announced.

“Gracious Living Corporation will breathe new life into two abandoned waterfront structures and facilitate private sector investment and job growth in Western New York,” Cuomo said in a statement. “We are pleased to welcome the company to build their first U.S. plant to serve its growing U.S. market, as we continue to foster redevelopment on Buffalo’s waterfront and revive New York’s manufacturing industry.”

The company will purchase the nearly 50 acres of prime waterfront property from the NFTA for $4.7 million, Cuomo told The Buffalo News. The company would receive $2 million in tax breaks and would create 250 new jobs. “It provides the NFTA with a global solution for exiting its waterfront property; at the same time helping to create job growth in the region and generate much needed revenue for the NFTA,” NFTA Chairman Howard A. Zemsky told The Buffalo News.

Written by cabinettrends

November 6, 2013 at 7:00 am

High Point furniture industry seeing influx of female executives

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More and more, women in High Point are taking on leadership roles in the male-dominated furniture industry, according to the News & Record.

President and creative director Meredith Younger Spell runs the Thomasville-based company, Younger Furniture. “I have a strong emotional connection to what I do,” Spell told the News & Record.

“I feel like it’s very close to my heart.”

As a teenager, Spell, 31, worked in her father’s factory during summers. There she learned every aspect of the business including sales, marketing and production. Two years ago, she was appointed her position and since has transformed the showroom into a more colorful, original space.

Spell told the News & Record that some of the men she encounters are put off by her style. She explained that most suppliers and sales representatives are men who look like her father who aren’t used to being hammered by a woman about tasks and timelines.

“I’m myself,” she told the News & Record. “I don’t try to be a man in a man’s world.”

Jackie Hirschhaut, vice president of public relations and marketing for the High Point-based American Home Furnishings Alliance, a trade association for furniture manufacturers, importers and suppliers, told the News & Record that “women are more and more being recognized for their creativity and for their natural leadership skills.

“What I’m seeing is an industry where more women are moving into the company president’s office,” Hirschhaut told the News & Record.

Karen Olson, vice president of marketing for the International Market Centers, told the News & Record that she sees more women in high-level buying positions, as well as in sales and marketing jobs on the manufacturing side of the business.

As recently as five or six years ago, it was mostly men who attended the furniture market, Olson told the News & Record.

“I really can’t believe how much it’s changed over the past eight years since I’ve been working in this industry,” she said.

Written by cabinettrends

November 4, 2013 at 7:00 am

Furniture Today sold

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Furniture Today, a leading furniture industry publication in Greensboro, N.C., has been sold by SANDOW to the newly-formed FT Media Holdings, with plans to retain its staff and its Triad headquarters, according to bizjournals.com.

The sale of Furniture Today Media Group includes the weekly flagship publication, founded in 1976, as well as six other print and online brands including Casual Living, Gifts and Decorative Accessories, Home Accents Today, Home Textiles Today and Playthings.

With the sale, Furniture Today Media Group will now operate under the new name, Progressive Business Media. The offices will stay in Greensboro, where it is headquartered, as well as in New York City. Kevin Castellani, who has overseen Furniture Today’s portfolio of brands since 1993, will remain President of Progressive Business Media and Publisher of Furniture Today. Castellani will report to Matthew Slaine, president of FT Media Holdings.

SANDOW, based in Florida, purchased Furniture Today Media Group in March 2010 from Reed Business Information. SANDOW executives say that during the course of its ownership, they were able to increase the publication’s profits by nearly 40 percent, representing substantial growth over a three-year period.

“We will be maintaining our staff of approximately 75 and are currently seeking to hire additional employees as we build our infrastructure in Greensboro,” Slaine told The Business Journal. “We are looking at several new and exciting opportunities and look forward to significant growth in North Carolina and around the country.”

Written by cabinettrends

July 11, 2013 at 7:00 am

ZOW furniture industry show to be held Feb. 10-13, 2014

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ZOW (www.zow.de), the International Supply Fair for Furniture Industry and Interior Design, has already drawn a number of exhibitors to the event, taking place in Bad Salzuflen, Germany, Feb. 10-13, 2014.

The show will be held in halls 19-22 at the East Westphalian trade fair center. Despite economic conditions, the show aims to grow the number of exhibitors for 2014. Companies from all branches of the industry will be represented, with companies such as Hettich, Siro Camar, Ostermann, Schüco and Alpi already booked. Exhibitors will be able to negotiate and plan areas to be more individualized, as well.

Additionally, ZOW will feature special areas devoted to RFID and lightweight construction, and for interested start-ups with promotion by the Federal Office of Economics and Export Control.

Written by cabinettrends

May 6, 2013 at 7:00 am

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