Big Lots annual report shows 13.6% drop in overall sales, 16% decline in furniture
Soft retail sales, store closures and Universal shutdown contributed to loss, company says After posting unaudited financials in early March, Big Lots now has filed …
Category: Expansion strategies
Tepperman’s adds 7th store in southwestern Ontario
44,000-square-foot showroom in St. Catharines will employ 50 ST. CATHARINES, Ontario — Family-owned retailer Tepperman’s is expanding its footprint here with a new 44,000-square-foot showroom …
BIA names Paul Kenis VP of business development for the Midwest region
NORTH BRUNSWICK, N.J. – Mattress manufacturer Bedding Industries of America has named Paul Kenis as its new vice president of business development for its Midwest …
Bedscape Corp. opens Ashley store in metro Manila
MAKATI, Metro Manila – On April 15, Bedscape Corp. celebrated the grand opening and ribbon cutting of its new 9,569-square-foot Ashley Furniture HomeStore showroom located …
Eric Graham joins Surya as VP of key accounts
WHITE, Ga. — Rugs and home furnishings and décor resource Surya has named industry veteran Eric Graham vice president of key accounts for the company’s …
Theodore Alexander USA to consolidate operations in Trinity, North Carolina
Company is moving manufacturing, administration and distribution to 200,000-square-foot former United Furniture plant during 2nd and 3rd quarters TRINITY, N.C. — Luxury furniture manufacturer Theodore …
Furniture Mart USA opens new Ashley store in Maple Grove, Minnesota
MAPLE GROVE, Minn. – On March 21, Furniture Mart USA (Furniture Mart) celebrated the opening of its new 30,000-square-foot Ashley showroom located at 7950 Wedgewood Lane N., Maple Grove, Minnesota. …
Ashley to open newest retail store in Riverdale, Utah
RIVERDALE, Utah — Ashley, the largest furniture store brand in North America, will officially open its newest retail store on Saturday, April 20, in Riverdale, …
Clear Water Smart Home seeks to grow in US market
Company hires Mack Peters as president of its Malaysia division, shows its product mix at High Point Market JOHOR, Malaysia — Upholstery manufacturer Clear Water …
Wellsville Group opens new Ashley store in New Philadelphia, Ohio
NEW PHILADELPHIA, Ohio – On March 22, The Wellsville Group celebrated the opening of its new 37,000 sq. ft. Ashley showroom located at 400 Mill Ave SE #3, …
