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Drexel Heritage
Heritage Home Group LLC, formed to purchase most assets of the defunct Furniture Brands International, was a High Point, North Carolina-based home furnishings company. It owned the brands Broyhill, Lane, Thomasville, and Drexel Heritage. History On September 9, 2013, Furniture Brands International filed for Chapter 11 bankruptcy. The company planned to sell all businesses other than Lane Furniture to a group managed by Oaktree Capital Management LP. On October 2, a judge approved a $280 million stalking horse offer by KPS Capital Partners. On November 4, Samson Holding Ltd., the largest stockholder, announced its intention to bid but that bid never took place, and on November 22, a judge approved the KPS bid. KPS announced the name Heritage Home Group LLC for the new owner of "substantially all of the assets" of Furniture Brands on November 25. Also announced at that time was the resignation of Furniture Brands chairman and CEO Ralph Scozzafava. Ira Glazer became Heritage pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Point, North Carolina
High Point is a city in the Piedmont Triad region of the United States, U.S. state of North Carolina. Most of the city is in Guilford County, North Carolina, Guilford County, with parts extending into Randolph County, North Carolina, Randolph, Davidson County, North Carolina, Davidson, and Forsyth County, North Carolina, Forsyth counties. High Point is North Carolina's only city that extends into four counties. As of the 2020 United States census, 2020 census the city had a total population of 113,887 with an estimated population of 114,086 in 2021. High Point is the List of municipalities in North Carolina, ninth-largest municipality in North Carolina, the third-largest municipality in the Piedmont Triad, Piedmont Triad metropolitan area, and the 259th-largest city in the U.S. Major industries in High Point include furniture, textiles, and bus manufacturing. The city's official slogan is "North Carolina's International City" due to the semi-annual High Point Furniture Market t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tupelo, Mississippi
Tupelo () is a city in and the county seat of Lee County, Mississippi, United States. With an estimated population of 38,300, Tupelo is the sixth-largest city in Mississippi and is considered a commercial, industrial, and cultural hub of North Mississippi. Tupelo was incorporated in 1866. The area had earlier been settled as "Gum Pond" along the Mobile and Ohio Railroad. On February 7, 1934, Tupelo became the first city to receive power from the Tennessee Valley Authority, thus giving it the nickname "The First TVA City". Much of the city was devastated by a major tornado in 1936 that still ranks as one of the deadliest tornadoes in American history. Following electrification, Tupelo boomed as a regional manufacturing and distribution center and was once considered a hub of the American furniture manufacturing industry. Although many of Tupelo's manufacturing industries have declined since the 1990s, the city has continued to grow due to strong healthcare, retail, and financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Lots
Big Lots Stores, Inc. (stylized as Big Lots!) is an American retail company headquartered in Columbus, Ohio with over 1,400 stores in 47 states. History The Big Lots chain traces its history back to 1967 when Consolidated Stores Corporation was formed in Ohio by Sol Shenk. In 1982, Consolidated Stores Corp. opened its first closeout store, called Odd Lots, in Columbus, Ohio. In 1983, drug store chain Revco bought New Jersey closeout retailer Odd Lot Trading Co. As Consolidated's Odd Lots stores expanded from Columbus, Revco took issue with the fact that another closeout retailer was operating a chain with national aspirations that had a similar name as the Revco-owned subsidiary. Consolidated Stores Corp. agreed to limit their use of the Odd Lots name to stores located within a certain radius of Columbus. Beyond the radius, Consolidated began opening stores under the Big & Small Lots name. Eventually, all Odd Lots stores were rebranded as Big Lots. In 1985, Consolidated Stores ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outsourcing
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises (privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Authentic Brands Group
Authentic Brands Group LLC (ABG) is an American brand management company headquartered in New York City. Its holdings include various apparel, athletics, and entertainment brands, for which it partners with other companies to license and merchandise. ABG owns more than 50 consumer brands, as well as the likeness rights or estates of celebrities, including Muhammad Ali, Elvis Presley, and Marilyn Monroe. History The company was founded in 2010 by Jamie Salter, after he stepped down as CEO of Hilco Consumer Capital, a company that was involved in the restructuring of struggling consumer brands (such as Bombay Company and Polaroid Corporation). Salter invested US$250 million in the new venture, and the majority of the equity was sold to Leonard Green & Partners. Two of ABG's first major purchases were the clothing brands Silver Star and Tapout. In January 2011, Authentic Brands Group acquired rights to the likeness of Marilyn Monroe. In October 2013, ABG announced the purchase of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Furniture Today
''Furniture Today'' is a weekly American magazine about the furniture industry. It is part of the Gannett media holding company. History and profile ''Furniture Today'' was started in 1976. In March 2010 it was acquired by Sandow Media from Reed Business Information. Its offices are in Greensboro, North Carolina. In 2013, the magazine was sold to Progressive Business Media, which is a daughter company of FT Media Holdings. In 2018, Progressive was acquired by BridgeTower Media. In 2006, it had a circulation of 20,682. The 2006 ''Marketers Resource Guide'' wrote that the magazine, then owned by Reed Business Information, "remains a powerful force in the furniture manufacturing industry." In 2013, the publication was bought by Greensboro, North Carolina-based Progressive Business Media. In November 2018, Progressive Business Media was sold to Minneapolis, Minnesota-based BridgeTower Media, itself part of GateHouse Media, which itself was later merged and rebranded as part of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bassett Furniture
Bassett Furniture Industries is a furniture manufacturer and retailer, headquartered in Bassett, Virginia, United States. It was founded in 1902, by John D. Bassett, Charles C. Bassett, Samuel H. Bassett, and Reed L. Stone. Bassett Furniture is one of the oldest Virginia furniture, furniture manufacturers in Virginia. Bassett operates approximately 60 retail locations in the United States and Puerto Rico, and licenses its retail brand to about 40 additional locations. References External links *{{official website, http://www.bassettfurniture.com Furniture retailers of the United States Manufacturing companies based in Virginia Henry County, Virginia American companies established in 1902 Manufacturing companies established in 1902 Retail companies established in 1902 1902 establishments in Virginia Companies listed on the Nasdaq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Furniture Industries
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965-19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The News Herald (North Carolina)
''The News Herald'' is an American, English language daily newspaper based in Morganton, North Carolina covering Burke County, North Carolina. The preceding newspapers include ''The Morganton Herald'' (1889–1901) and ''The Burke County News'' (1899–1901). ''The News Herald'' is a member of the North Carolina Press Association. History Predecessor newspapers include: * ''The Morganton Herald''. (Morganton, N.C.) 1889–1901 * ''The Burke County News''. (Morganton, N.C.) January 13, 1899–November 1901 The newspaper took the name of ''The News Herald'' in November 1901. See also * List of newspapers in North Carolina There have been newspapers in North Carolina since the ''North-Carolina Gazette'' began publication in the Province of North Carolina in 1751. As of January 2020, there were approximately 260 newspapers in publication in North Carolina. While pr ... References External links * * 1889 establishments in North Carolina Burke County, North Carolina Dai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morganton, North Carolina
Morganton is a city in and the county seat of Burke County, North Carolina, United States. The population was 16,918 at the 2010 census. Morganton is approximately northwest of Charlotte. Morganton is one of the principal cities in the Hickory-Lenoir-Morganton, NC Metropolitan Statistical Area. A site five miles north of Morganton has been identified as the Mississippian culture chiefdom of Joara, occupied from AD 1400 to AD 1600. This was also the site of Fort San Juan, built in 1567 by a Spanish expedition as the first European settlement in the interior of North America, 40 years before the English settlement of Jamestown, Virginia. History Joara archeological site The oldest-known European inland (non-coastal) settlement in the United States of Fort San Juan has been identified at Joara, a former Mississippian culture chiefdom located about five miles north of present-day Morganton. In 1567 a Spanish expedition built the fort there, while seeking to establish an interi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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