Behind Finger's growth

Article Abstract:

Finger Furniture, which has not established a new outlet in 14 years, has been on an expansion mode, with plans to open a new Finger Furniture location and a bedding specialty store in 1999. Finger Furniture President and CEO Robert Finger noted the decision to expand his businesses was brought by new opportunities, strong business as well as the company's desire to establish a little repositioning and make its stores more convenient to customers. Finger Furniture hopes to have its new store at Colony Square in metro Houston, TX, up and running by spring of 1999.

Comment:

Is on expansion mode, with plans to open new Finger Furniture location & bedding specialty store in 1999

Facilities & equipment, Furniture stores, Finger Furniture Company Inc., Article

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Rhodes targets $1 billion in sales within 5 years

Article Abstract:

Rhodes Furniture Inc intends to increase its annual sales to over $1 billion in the next five and a half years. The plan was announced at a conference of 175 Rhodes managers held in Atlanta, GA, in July. Rhodes, now owned by Heilig-Meyers, continues to be operated under its own name and has yearly revenues amounting to almost $500 million. Exec vp Buck Thornton said he has devised a 12-step plan that would enable their firm to achieve its goals.

Strategy & planning, Rhodes Furniture Inc.

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