Furniture Brands skewered for executive compensation, By Jeremiah McWilliams from stltoday.com. Article about Raymond James report dealing with Incentive payments to seven top executives, amounting to more than $10 million. http://bit.ly/F8HdA
Stunned 'Mattress Mack' seeks answers in Gallery Furniture arson
By HOUSTON CHRONICLE. "Shocked by news that arson was the cause of a fire that gutted his warehouse, Gallery Furniture owner Jim McIngvale said he was at a loss to understand why someone would have wanted to hurt his business so badly that they would set the blaze while employees and customers were still on the premises." http://bit.ly/bqPrH
National Furniture Giant Leon's Furniture Celebrates 100th.
From The Chronicle. "Leon's Furniture stores across the country are not suffering from the current economic recession too badly because they took preparatory measures as signs loomed ahead last year, the retail chain's president Terry Leon said after making an appearance at the company's Dorval store during a whirlwind national tour to celebrate Leon's 100th anniversary...: http://bit.ly/Xbm1w
Store Closing Leaves Customers Without Furniture.
Reported by: Jenn Strathman on www.nbcactionnews.com. "ANSAS CITY, Mo. - A well known furniture store closed its doors leaving customers with no answers and no furniture." Story says owner of Norwalk, The Furniture Idea store admits using consumer deposits to pay other bills. http://bit.ly/11ZGbT
Gallery Furniture Fire Ruled Arson.
From www.click2houston.com. HOUSTON -- A four-alarm fire that destroyed Gallery Furniture's warehouse has been ruled arson, KPRC Local 2 reported Thursday. The Bureau of Alcohol, Tobacco, Firearms and Explosives has ruled out all accidental causes." http://bit.ly/IqzEc
Simmons Kids Recalls Crib Mattresses.
From CPSC. he U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. Name of Product: Simmons Kids Crib Mattresses. Units: About 20,000. http://bit.ly/fZQ1a