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Menampilkan postingan dari Juni, 2020

Bankers road-test Fantastic Furniture prepare IPO pitches

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A well known face to small cap investors Should Fantastic Furniture hit the ASX boards as planned, small cap fund managers would go into the IPO marketing process with a pretty good understanding of the business. While Fantastic's brand is well known among the general public, small cap investors followed the company closely during its 15-plus year stint on the ASX boards. That listed run only ended in December 2016, when Steinhoff International acquired the business for about $350 million on an enterprise value basis. Since then, Fantastic has been wrapped up in Steinhoff, which has undergone radical restructuring locally. Steinhoff Asia Pacific was separated from its parent, Steinhoff International, and rebadged Greenlit Brands. Greenlit is the combination of Steinhoff Asia Pacific and Fantastic Furniture and includes furniture retailers Fantastic, Plush and Freedom and bed sellers Snooze and Original Mattress Factory. Greenlit reported $49.6 million underlying earnings in the yea...

Furniture stores backed up due to COVID-19

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© Provided by Wausau-Rhinelander WSAW-TV Pictures of furniture. WAUSAU, Wis. (WSAW) - Furniture sales are at an all-time demand, and furniture stores believe it's because people are spending so much time at home during COVID-19. "The furniture industry in itself is seeing a lot of demand right now. People are out there looking to replace stuff because they're spending so much time in their homes," Furniture and Appliance Mart vice president of marketing Jon Gadbois said. "People have been transferred to working from home, so we see people transitioning rooms into their homes into office space," Nigbur's Fine Furniture general manager Linda Nigbur added. The pandemic that has been keeping people inside their homes is also disrupting furniture orders. "You had a bunch of manufacturing facilities that were impacted by this that were operating at maybe 30-40% of their capacity. Right now we're seeing that come to ...

Fire prompts merger of two furniture retailers

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Eric Sinclair, left, Mark and Tom Malchow ABERDEEN, S.D. — Following a fire that burned Aberdeen, S.D.-based Malchow's Home Furnishings' location to the ground last October, Montgomery's, a furniture retailer also based in South Dakota, has announced its purchase of the longtime South Dakota retailer and plans to bring members of Malchow's leadership into its leadership team. Combined, the two retailers bring over 200 years of furniture selling experience to the table. "Discussion of joining Montgomery's started after the devastating fire that burned Malchow's to the ground in October 2019," said Mark Malchow, half of the third-generation father/son team behind Malchow's. "We knew from the moment we started talking with Clark and Eric that Montgomery's shared our business philosophies on how to take care of customers and employees, and what it means to be a long-time family- owned business in this state. ...

This huge Wayfair 4th of July sale will save you tons on furniture appliances and more

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Shop this sale to save. (Photo: Wayfair) — Recommendations are independently chosen by Reviewed's editors. Purchases you make through our links may earn us a commission. The 4th of July is not just for fireworks and barbecues—it's also pretty renowned for all the amazing sales that tend to happen. This year, the festivities got kicked off a little early at Wayfair: From now through July 5, you can get up to 70% off on mattresses, outdoor furniture, appliances and so, so much more.  Need help finding products? Sign up for our weekly newsletter. It's free and you can unsubscribe at any time. There's a lot of discounts going on in this massive holiday sale, so to help you sift through the best products you can grab at the very best prices, we've done the hard work for you, compiling a list of 11 of the most popular deals you can snag. Keep reading to shop our top picks. Major zzz's are in order. (Photo: Wayfair) If you're in the market for a new mattress, the 4...

Sioux Falls-based Montgomery's acquires Aberdeen furniture store destroyed in fire

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Share This Story!Let friends in your social network know what you are reading about Sioux Falls-based Montgomery's acquires Aberdeen furniture store destroyed in fire Montgomery's is acquiring Malchow's Home Furnishings after the Aberdeen shop was destroyed last year in a fire. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Sioux Falls-based furniture retailer Montgomery's is growing its footprint in South Dakota with the acquisition of another family-owned furniture store. Montgomery's is acquiring Malchow's Home Furnishings after the Aberdeen shop was destroyed last year in a fire. "Discussion of joining Montgomery's started after the devastating fire that burned Malchow's to the ground in October of 2019," co-owner Mark Malchow said in a emailed statement. "We knew from the moment we started talking with Clark and Eric Sinclair that Montgomery's shared our busines...

Move over Monkey Jesus: Spanish furniture restorer botches restoration of baroque art Immaculate Conception

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A famous painting of the Immaculate Conception by baroque artist Bartolome Esteban Murillo has become the newest in a long line of botched art restorations in Spain. Murillo's painting was reportedly cleaned by a furniture collector for 1,200 euros, according to The Guardian. But despite two efforts to restore the work to its original state, the face of the Virgin Mary is now unrecognisable - causing outrage in the Spanish art conservation community and beyond. "I don't think this guy - or these people - should be referred to as restorers," Fernando Carrera, former president of Spain's Professional Association of Restorers and Conservators told the Guardian. "Let's be honest: They're bodgers who botch things up. They destroy things." Get the latest news and updates emailed straight to your inbox. On social media, the Murillo repair was inevitably compared to other d...

Durable Sofa Covers to Preserve Your Furniture

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Your sofa is one of the most-used areas in your home, and it certainly shows that as time goes on. Not to mention, it's one of the larger investments you make, so you want it to be comfy and last through a lot of wear and tear. The sofa's material alone can't always ensure it'll stay looking new, so it's a good idea to use a durable sofa cover and protector as a backup. Aside from kids and messy paws, having a sofa protector is a great way to keep wine spills, crumbs, and other common messes off of your couch. After all, it's easier to replace a cheap cover than an expensive, bulky item. Below, we've rounded up the best sofa covers so you can preserve the life of your furniture for years of lounging and fun to come. Our mission at SheKnows is to empower and inspire women, and we only feature products we think you'll love as much as we do. Please note that if you purchase something by clicking on a link within this story, we may receive a small c...

Belgian Designer Lionel Jadot Channels 'Game of Thrones' in Latest Furniture Series

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Belgian designer and artist Lionel Jadot is currently presenting a new series of furniture at Antwerp's Everyday Gallery. Titled "Game of Thrones," Jadot's unconventional home pieces were inspired by the famed fantasy drama series on HBO. The various types of seating, or what the artist describes as "thrones," found in the collection is made of unique elements including readymades or recycled objects that he collected over the years. "Call it found art or trash art, the creative centipede Lionel Jadot is the international avant-garde artist in this genre par excellence. We are therefore very proud to be able to present his first ever gallery exhibition in Belgium," said Boris Devis, owner of Everyday Gallery. Jadot's show at Everyday Gallery is his first-ever exhi...

Aldi's outdoor bar furniture range launches from Sunday

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© Kilmarnock standard Aldi is on a mission to make sure its customers make the most out of lockdown. Over the past few months the supermarket has released various outdoor furniture and barbecue essentials. And still, Aldi has more 'in store' for shoppers. From tomorrow, bargain hunters can get their hands on a bar gazebo for £179.99. © Aldi It has enough room to store beverages, and there's also a roof in case it starts raining, the Liverpool Echo reports. What's more, budget supermarket is also releasing a Multifunctional Patio Heater for £99.99. The heater is 150W and comes with a built in Bluetooth speaker too. The outdoor furniture items are ideal for those who are in the midst of sprucing up their garden for the summer. Meanwhile, Aldi is also restocking its popular Hanging Egg Chair. Priced at £199.99, it'll be available to pre-order from Sunday, June 21. Shop the range here. 🔴PAW Patrol...

Jeremy Hoff to follow Paul Toms as Hooker Furniture CEO

MARTINSVILLE, Va. – Jeremy Hoff will succeed Paul Toms as CEO of Hooker Furniture Corp. effective Jan. 31 upon Toms' planned retirement. Toms will continue as chairman of the full-line furniture importer and manufacturer. Hoff, who joined Hooker Furniture in 2017 and currently serves as president of Hooker Legacy Brands, will become only the fourth CEO in the 96-year history of the company, and the first non-family member at the helm. Toms, 66, is a grandson of Clyde Hooker Sr., who founded the Hooker Furniture in 1924, and has served as CEO since 2000 after joining the company in 1983 and serving in various management roles. He succeeded his uncle, Clyde Hooker Jr., who led the company from 1960 to 2000. "In the time Jeremy has been at Hooker, he has proven to be a great leader,...

Yamaha L-125 Furniture Stand for P-125 Digital Piano

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Yamaha L-125 Furniture Stand for P-125 Digital Piano - Black Austin Bazaar is an authorized Yamaha dealer. Wooden furniture stand for Yamaha P125B Digital PianoCompatible with Yamaha LP1B 3-Pedal UnitNot compatible with P115An attractive wood furniture stand designed to match the look and feel of the P125 Shipping Dimensions: 58.31 x 15.04 x 7.87 inchesShipping Weight: 26.9 lbs SKU: YAM-L125B read more… Yamaha P125 Digital Piano - Unboxing and Set-Up

The Best July 4th Furniture and Home Sales to Shop in 2020

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Memorial Day may be the unofficial start of summer, but the 4th of July is when the season is really in full-swing. Now that you're spending more time outside soaking in the summer sun, it's time to think about what you can do to spruce up your patio, front porch, or outdoor living space. Whether you're in the market for a complete makeover or a small, budget-friendly refresh, take advantage of these July 4th furniture and home sales to outfit your space with the best rugs, patio furniture, and seasonal accents. But don't forget about your home's interior: While your outdoor space may be top of mind, it's also a great time to score major deals on rugs, bedding, mattresses, kitchen appliances, and more. Really, you can't go wrong with these 4th of July sales from top home and furniture retailers like Wayfair, Macy's, Home Depot, and Williams-Sonoma. Our Favorite 4th of July Sales and Deals on Furniture and Home Decor ...

How to Get Your Cat to Stop Scratching Your Furniture to Shreds According to Experts

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Furniture scratching. Many cat owners have experienced it. Coming home from work or waking up in the morning only to find the living room sofa, carpet, or armchair now sporting holes, tears, or rips. And, of course, there is only one culprit who could have committed such a crime: the mischievousness cat. But why does your kitty scratch the furniture? And how can you protect your beautiful furniture from your sassy furball? POPSUGAR turned to the experts to help us understand more about this common feline behavior and ways to stop your cat from turning your furniture into mere shreds. Related: How to Get Your Cat to Stop Treating Your Feet Like a Chew Toy, According to Experts Why Does My Cat Scratch the Furniture? Cats scratch because it's in their nature, said Jackson Galaxy, cat behavior and wellness expert, host of Animal Planet's My Cat From Hell, and New York Times bestselling author. "By scratching, they are producing both a visual mark on their territory, as well as...

Lulu and Georgia's Outdoor Furniture Will Transport You to the California Coast

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This summer, if you have any outdoor space in your home, consider yourself lucky. No matter if you've got a tiny patio or a sprawling backyard, take advantage of that valuable real estate with some pretty furniture. The more it's outfitted, the more likely you are to use it, and right now, fresh air is a really good thing. We're obsessed with the beautiful, minimal furniture from Lulu and Georgia. The styles will transport you to the California coast, and if you have any outdoor space, the brand's indoor/outdoor furniture is the perfect place to invest. These 12 options are great pieces to have in your home. We love that they're both indoor and outdoor appropriate, and the styles will make you want to be outside as often as possible. From pretty throw pillows to comfortable chairs and everything in between, just keep reading to shop our picks. Addy and Maya Visit the New Toy Cafe

Hooker Furniture Corporation's (NASDAQ:HOFT) Sole Analyst Just Made A Captivating Upgrade To Their Forecasts

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Celebrations may be in order for Hooker Furniture Corporation (NASDAQ:HOFT) shareholders, with the covering analyst delivering a significant upgrade to their statutory estimates for the company. The analyst greatly increased their revenue estimates, suggesting a stark improvement in business fundamentals. Following the latest upgrade, Hooker Furniture's one analyst currently expects revenues in 2021 to be US$577m, approximately in line with the last 12 months. Statutory earnings per share are presumed to swell 14% to US$1.35. Previously, the analyst had been modelling revenues of US$474m and earnings per share (EPS) of US$1.03 in 2021. There has definitely been an improvement in perception recently, with the analyst substantially increasing both their earnings and revenue estimates. Check out our latest analysis for Hooker Furniture With these upgrades, we're not surprised to see that the analyst has lifted their price target 24% to US$26.00 per share. Looking at the bigger pi...

Lowe's Father's Day Sale 2020: Deals on patio furniture smart home tech and more for DIY dads

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© Provided by T3 lowes fathers day sale 2020 Lowe's Father's Day Sale 2020 Patio Furniture Sales & Deals Smart Home Sales & Deals Outdoor Tool Sales & Deals Lowe's Father's Day 2020 sales are kicking off this weekend with huge deals on smart home tech, patio furniture and outdoor tools. Today through June 24th, Lowe's is taking up to 70% off on smart security systems, up to 30% off select patio furniture pieces and up to 25% off outdoor tools and equipment. Shoppers will find home and outdoor products including smart home security systems, deck chairs, lawn mowers and more on sale throughout the week. Readers out there shopping for DIY dads can find some great Father's Day gifts on sale at Lowe's, but fathers out there just looking to save some money can get a great deal during Lowe's Father's Day sales. You can jump straight to Lowe's sales by clicking the links below, but be sure to read on to s...

Outdoor Furniture And Accessories Market 2020 Global Analysis Opportunities And Forecast To 2025

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The MarketWatch News Department was not involved in the creation of this content. Jun 12, 2020 (AB Digital via COMTEX) -- Outdoor Furniture And Accessories Industry Description The global Outdoor Furniture And Accessories market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025. The objectives of this study are to define, segment, and project the size of the Outdoor Furniture And Accessories market based on company, product type, end user and key regions. This report studies the global market size of Outdoor Furniture And Accessories in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Outdoor Furniture And Accessories in these regions. This research report categorizes the global Outdoor Furniture And Accessories market by top players/brands, ...

‘On The Michigan Road’ throwback: Kindel Furniture in Grand Rapids

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GRAND RAPIDS, Mich. (WOOD) — In this vintage episode of "On The Michigan Road," we take you inside a Grand Rapids furniture-maker that's still operating today. Dick Evans went to Kindel Furniture on June 22, 1982, where carpenters crafted products by hand. ==Watch the report above.== Kindel has been in operation since 1901 and its products are sold all around the world. Now Kindel Grand Rapids at Eastern Avenue and 40th Street, it employs 64 people. Between 1971 and 1991, Dick Evans filed his popular "On The Michigan Road" reports from all over the state. They featured everything from county fairs to people with offbeat hobbies and collections to Michigan's most beautiful locations. He died in October 1991 at the age of 66 after more than 40 years in broadcasting. You can find more throwback reports in the "On The Michigan Road" section here on w...