Kavanagh marks 125 years

Article Abstract:

Kavanagh Furniture of Springfield, MA, is commemorating its 125th anniversary in 1998. Company president and treasurer Jack Nelen claims Kavanagh is one of the oldest, family-run businesses in New England. Kavanagh's first store, known then as the Dennis Nelen Furniture Manufacturing and Retail Co., opened on Main Street. The store then moved to Union Street after William Kavanagh became a partner by the late 1800s. The company now has grown to employ between 40 and 50 people, majority of whom are kins of the original owners.

Comment:

Springfield, MA, furniture business is commemorating its 125th anniversary in 1998

Furniture & Furnishings Stores, Furniture and Home Furnishings Stores, Article, Kavanagh Furniture

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Seaman's planning to go private

Article Abstract:

Seaman's' majority owners plan to go private by buying backs its publicly traded stock. The furniture store chain, which went public in 1985, is offering $24 a share for its 904,000 outstanding shares, which represent 20% of the total stock. Seaman's became private in 1987, but had to file for Chapter 11 protection in 1992 due to debt burden. It, however, emerged from Chapter 11 bankruptcy later that same year.

Furniture Stores, Seaman's

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DirectBuy taps Morris for merchandising post

Article Abstract:

Merrillville based industry veteran Andy Morris has joined wholesale membership club DirectBuy, formerly UCC TotalHome, as international director of merchandising. The relevant details regarding his planning's for merchandising are presented.

Planning, Membership, Company business planning, Merchandising, Morris, Andy

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