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A furniture store owner has been jailed on six counts of taking money for furniture he never delivered, The News Courier in Athens, Alabama reported today. Scott Connell of Limestone Furniture Mart was charged after the local sheriff’s department received 53 complaints of him taking $60,000 in payments for furniture he didn’t order. One customer . . . → Read More: Store Owner Charged with Theft! Pier 1 Imports’ earnings soared 83.8% in the fiscal first quarter ended May 28 as same-store sales rose 10.2%, on top of strong growth a year earlier, the Fort Worth-based retailer reported today. Total sales rose 9.3% to $334.6 million, primarily the result of gains in store traffic, conversion rate and average sales ticket, the . . . → Read More: Pier 1 Earnings Skyrocket 83.8% in First Quarter TORONTO — After 60 years as one of Canada’s most influential contemporary furniture retailers, John De Boer has decided to retire and will shutter his five-unit operation over the coming 12 months or so. John and Suanne de Boer”Suanne De Boer and her father, John De Boer, will close their iconic Canadian store chain, DeBoer’s, over . . . → Read More: Canada’s Famous DeBoer’s to Close After 50 Years Furniture factory orders in December were up 1% from the same month a year earlier, ending three months of declines. “That left orders for all of 2010 up 4% from the previous year. The gain ended a four-year decline that saw orders and sales slide 30% from 2005 to 2009”, Ken Smith, managing director of . . . → Read More: Furniture Factory Orders Up 1% in December, Reversing Decline High-end retailer Robb & Stucky filed for Chapter 11 bankruptcy protection Friday after years of struggling in some of the hardest hit housing markets in the country. The Top 100 company, which operates large full-line stores and smaller Robb & Stucky Patio units in Florida, Las Vegas, Scottsdale, Ariz., and Plano, Texas, listed both assets . . . → Read More: Robb & Stucky in Chapter 11 |
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