Here comes 'valley of death'

Article Abstract:

The Furniture Manufacturers Credit Association's (FMCA's) educational conference held in Charlotte, New Carolina in May 2004 concluded that the industry had about five good years before a slowdown ensued. Former CEO of Ladd Furniture and current director of Havertys, Fred Schuermann called United States as the 'valley of death' because though it has the best furniture stores, it has a lot of old people who don't buy that much furniture.

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Levitz lands credit line

Article Abstract:

The business restructuring efforts of Levitz Furniture Inc., which obtained $89 million revolving credit from Banc of America Securities LLC and Back Bay Capital Funding, are presented.

Investment Banking and Securities Dealing, Investment Banking, Financial management, Organizational history, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Security brokers and dealers, Financial services industry, Finance, Investment banks, Company restructuring/company reorganization, Reorganization and restructuring, Company financing, Company organization, Levitz Furniture Inc., Banc of America Securities L.L.C.

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Retail Ideas workshops provide valuable tips

Article Abstract:

Ideas and tips given by participants of the Retail Ideas workshops are presented.

Retail Trade, Management dynamics, Management, Retail industry, Beliefs, opinions and attitudes, Executives, Company business management

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