Turkish group invests in the business of furniture in Russia, Ukraine-Hurriyet Daily News

Font size: Larger |SmallerSunday, March 13, 2011ISTANBUL-Anatolian News Agency

Boydak Holding, a Turkish group involved in several companies, acquired a Russian and a Ukrainian plant for $ 20 million to boost your business furniture.

They are the first furniture production investment group based in Kayseri abroad and occurred through Boydak Boydak trade foreign company subsidiary, according to information provided by the company.

"It is not easy for Turkey to do trade with Russia and the Ukraine, so let's get into these markets, producing there," said Memduh Boydak, Executive Director of Boydak Holding, in a press meeting in Istanbul.

The acquisition of Strong based in Poland aimed at overcoming difficulties regional exports and a possible increase in demand in these countries, said company officials. Boydak plans to invest $ 60 million over five years on additional buildings and machinery to diversify production with beds, armchairs and sofas.

The company is pointing to the volume of annual revenue of $ 100 million with 600 employees by the end of its growth plan for five years.

The acquisition is part of wider plan to make $ 300 million in investments in 2011, said officials.

Noting that other Turkish companies are exploring the production in the same region with newly acquired plants, the CEO said: "there are some investors in Turkey who opens our horizons. Along with many Turkish brands there, bank acquisition [Bulgarian] Bank Sofia encouraged us. "

Member of Boydak Murat Bozda said the company would produce in Ukraine and in Russia under the name of Bellona, one of two major furniture brands in Turkey Boydak, after keeping the current tag name for each of the companies for a year.

Previously, the company opened stores in Russia but closed them all due to turbulence in the country in 1998, he said.

Commenting on the company's business in Libya, he said: "we have five stores in Libya. We used to receive news about events, up to a week ago, but we don't know how the situation is now ".

Bozda said the company had six stores in Egypt and there were difficulties there.

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Robb & Stucky begins selling liquidation furniture-msnbc.com

TAMPA — The furniture chain Robb & Stucky bankruptcy started a sale of inventory liquidation of all Friday, only hours after being bought in court by an investment fund that specializes in bankruptcy shops on its last legs.

The sale of 90 million dollars in inventory effectively end 96 years in business the seller of luxury furniture of Fort Myers and off his position at the International Plaza Mall.

Like most arrests of retail, this sale will probably follow the pattern of escalating discounts upto all stocks, store fixtures and equipment are sold. Company officials promoted the sale, noting that the sale will include the furnishing of all its brands and accessories, such as Ralph Lauren, elements, Tommy Bahama, Paloma, Trump Home and Monterey, among others. Â

Robb & Stucky filed bankruptcy in February, after a rapid expansion of new stores in States like Nevada and Texas, which has suffered some of the worst of the downturn in housing. After the sale of liquidation, all stores will be 20 Robb & Stucky closed.

The liquidation is handled by a group of joint-venture of major retail liquidation companies nationwide, including: Hudson Capital Partners LLC; Hyperams LLC; and SPCI.

For more than 4,000 customers who put down deposits on the motile, before the company filed bankruptcy lawyers suggest that they contact their credit card companies ask for a refund.

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Robb mobile giant to be liquidated and Stucky-msnbc.com

FORT MYERS: It is considered one of the most iconic of Southwest Florida. And nearly 100 years after opening his first store, furniture giant Robb & Stucky is in the hands of an administrator.

A judge has approved the sale late Tuesday after the company filed for bankruptcy last month.

The decision could mean savings for new customers, but the bad news for anyone who is waiting for a delivery.

There were still buyers at Robb & Stucky Tuesday in Fort Myers. Once a symbol of luxury Southwest Florida, is now just another shop is going to be liquidated.

"Robb & Stucky grew during the boom. When he went away, so did people buying furniture, "said bankruptcy Fort Myers Attorney Carmen Dellutri.

All the furniture in every shop will be sold to pay off the banks. You might find good deals from this week. But some people won't find the sale so sweet.

Robb & Stucky has yet customers $ 13-million-dollar Mobile – Mobile have not yet delivered. And now customers couldn't get such a thing.

"I'd like to see the passage of the liquidator up to the plate and honor as many claims as possible, but consumers may end up with nothing," said Dellutri.

And this is a devastating thing for the company to leave behind.

Earlier Tuesday, a sign outside his headquarters promised that we shall fight.

But in the course of the day, Robb and President Stucky Dan Lubner wrote in an email, "Unfortunately, we ran out of time."

Dellutri says if you're waiting for mail delivery, watch for messages from the Court.

If you paid by credit card-contest. And from now on, she says, think twice about what you buy.

"As a consumer, you really got to look at themselves and say, ' if I'm going to buy this, I'm going to take my merchandise with me when I walk out the door? '" said Dellutri.

Tuesday afternoon, we talked with the attorney representing Robb & Stucky in court. He said that the liquidator is planning to honor at least some of these outstanding orders, but not everyone will have the possibility of what they paid.

The lawyer said there is a small chance that the company might try to keep a small shop opened, but added that it is too early to say whether this will happen for sure.

By Dan Cassuto-e-mail

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Ashley furniture to buy naming rights to the Pavilion-AZCentral.com

Live Nation Southwest has indicated previously known as the Cricket Wireless Pavilion Outdoor place to the new name.

West Phoenix Amphitheater, Live Nation will work with the United States Census Bureau, the city, the lease contract is officially become the Ashley Furniture HomeStore Pavilion as part of a five-year sponsorship agreement, which contains the naming rights.

The first Show at the newly renamed Office of Tim McGraw Luke Bryan and the band Perry Friday June 3. Other programs that are already scheduled to include a band of Crue and Poison (June 17) in the New York Dolls, Rockstar Energy Drink Mayhem Festival (July 15), distance (July 23), the Vans Warped Tour (Britannicassa 7) and Def Leppard (Disc 3).

Michael Jedlowski, President and CEO, Ashley Furniture HomeStore "Forming Alliance with Live Nation and on the assumption that this is a very well known and highly visible to the local Office of the primary sponsorship, we are unique as far as possible," says. "It provides us, on which you want to create a powerful and memorable way to entertain our guests, the ability to reach a desired demographic, and participate in creative marketing campaign."

the capacity of 20 000 has made the two sponsors, stylish, and Cricket Wireless names since 1990 Show Billy Joel By opening it with. Since then the event has hosted regional popular acts, including Jimmy Buffett, the Grateful Dead, David Bowie, Prince, George Strait, Britney Spears, Bon Jovi, Green Day, Aerosmith, Matchbox 20, Elton John, Metallica, and the police with Elvis Costello.

Maureen Ford, Live Nation Office of the President of the network, "we look forward to a successful, long-term sponsorship relationships with Ashley Furniture HomeStore," says. "We are proud of our Ashley detects that the chassis of the amphitheater and music can help you take advantage of live music in such a way as to reflect the emotional appeal, engage in meaningful, and connect with their customers and the community."

No data was available at the time of the press what Ashley paid Live Nation.

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All of the open spaces of the fifth Ashley KHF store-furniture today

CASTLETON, Ind. — Ashley Furniture HomeStores operating permit is a grand Open KHF holdings of 20 000 square foot State-of-the-art in this first phase of its latest HomeStore on Saturday closed the previous year, to replace it with a Carmel, Ind., greater store

Festival, Castle Creek Parkway East begins, the clock and the warehouse volume contains ilmaisjakeluita, free food, and other activities to consumers.

Louisville, ky. based on a Top 100 company, with the greater Louisville and Indianapolis HomeStores, declined to disclose the investment or new store annual sales figures.

The company has been fortunate enough to buck the trends of the market economy principles and to extend their activities, "the retailer said in a release. Closed its doors, said the KHF are close to the Carmel in almost a year ago, and it was eager to give back to the North of Indianapolis in the marketplace.

"We could not have been more excited to open our awesome community once again to the doors," said the Chairman of the KHF and CEO Chris Ferguson. "Since the start of our sale, liquidation, we began to search for the Carmel region to a new location. We plan to offer a little less than a car dealer and the open space in two stages to keep our products fresh. "

The second phase with the Introduction of 15 000 square feet of space is expected to open in space next month.

Ferguson said he is looking for economic recovery to fuel continued upswing home furnishings Business, adding the KHF holdings is committed to grow and contribute to establish the areas in which it operates.

KHF holdings was the newcomer in the furniture/today in the Top 100 last year ranked No. 95 the estimated sales of 40 million dollars of the five shops in 2009.

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Ashley Furniture Store set up again in the Wichita Falls-Abilene Reporter-News

Ashley furniture stores in the Wichita Falls, the store, but is not in any of the report, whether the transactions in Abilene, Texas and San Angelo.

Wichita Falls, according to the story, the last opened location Wichita Falls Times record news and press release of the new company, Han Nara owners.

The news release said, "more than 25 years in the furniture business, the owners of the company, L.P., Han Nara, Richard and Aggie Choi are committed to providing exceptional customer service, make a positive contribution to the community and investing in people, comprising of Ashley/Han Nara team."

When contacted, Ashley Furniture, Arcadia, Bryggare, have been included in Wichita Falls was not a comment, or to the Abilene, Texas.

Ashley furniture store closed, Abilene, San Angelo and Wichita Falls, where the owner of Lanford and Bratton holdings, LP in San Angelo, got financial problems, leaving open the possibility for the customers who were waiting for November deliveries last year and mixed with the blank.

The closure of the shops within one week, one of the principles, Tad, it was his vehicle in the Lanford gunshot wound, the police, who had ruled as self-inflicted. After he died.

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A former employee of Ashley to lose interest in jobless more than drug-Winona Daily News

MADISON-starts from Ashley Furniture for testing positive for marijuana, man can collect unemployment benefits, a State appeals court found this week.

Albert Galindo, 47, worked for three years in the area of Ashley patches on the configuration of the Arcadia, before he was dismissed in 2008, it is not a random drug test.

Galindo attempted to collect unemployment, 1.7.1997, he could not työjaksoon because he was trigger uncontrollable abuse. Galindo said he carried out a voluntary outpatient care management program in 1989, and participated in the drug court program in December 2005, in October 2007.

State Labor Commission shall be determined on the basis of a review of the industry, not to get unemployment benefits Galindo because he had not been informed of his abuse of the drug treatment program, Ashley Ashley participated in or supported his alleged marijuana abuse, the doctor or the expert evidence.

Trempealeau County case went to the Court of Justice and the Court is convinced of his own attorney, Judge John Damon Galindo November 2009 to cancel the work of the Commission's decision in its entirety.

The Commission appealed and won.

On appeal, the Court of first instance rejected participation in the treatment of Galindo, his inability to refrain from such as evidence of drug use. The Court noted that the works of art have been Galindo years before using marijuana, who led the failed drug test.

"Unauthorized controlled substances are inhaled Galindo: n was the intentional exceptions a problem where the Ashley Furniture could reasonably be expected of its workers, standards," according to the five-page opinion.

Galindo could not be reached Thursday, Comet and Ashley furniture industries, Labor, and calls on the Commission and the Workforce Development Department has not been restored.

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