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  November 06
Archive

Deja Vu; Former Ameriwood President Back At Helm After Carlson Resigns
"We are confident that Rick's learning curve will be a rapid one and that, under his guidance, improvements that have already started will be sped up." - Martin Schwartz, President and CEO, Dorel...more

Rent Direct-Nationwide to Host PrimeTime Convention, February 11th – 14th; Online Registration Now Open
"We evolve with each show. And with each PrimeTime! we seem find new ways to bring a little something extra to the table for our members and vendor partners. We expect our February 2007 PrimeTime! convention to be no exception." - Ed Kelly, President, Nationwide Marketing Group, parent organization of Rent Direct...more

All in the Family - Sieverding Brothers Acquire 10,000 Sq Ft Premier Home Furnishings Store In Clinton, Iowa
Jamie Sieverding had been in the RTO business for 10 years when “one day out of the blue” his brother-in-law, Jim Schebler, called and asked him to manage his new Premier Home Furnishings store in Clinton, Iowa. That was three years ago. For the past six months Jamie has talked about buying the store, and in October Jamie became the owner with his two brothers Dean Sieverding and Rick Sieverding...more

Survey; MP3 Players and Games Top Teens’ Electronics Wish Lists
"This will mark yet another strong year in the growing phenomenon of portable digital audio devices, especially among the teen market. " - Sean Wargo, Director of Industry Analysis, CEA...more

National Society for Hispanic Professionals Announces 2007 Diversity Job Fair Schedule
Locations for these 2007 events were selected based on employer demand, past attendee feedback and job seeker demographics...more

Predicted Holiday Gift Spending Down From 2005; Northeast Consumers Spend Most, Westerners Spend Least
Top holiday spenders will be New England households who intend to spend $545. Lowest holiday spending will be in the Mountain states of Montana, Idaho, Wyoming, Colorado, New Mexico, Arizona, Utah and Nevada where consumers intend to spend a mere $348 on Christmas gifts...more

VIDEO
Electronics Manufacturers Launch Blu-ray Disc Marketing Campaign
"Beyond being assured of an extensive selection of titles and players, consumers can learn what makes Blu-ray Disc a superior platform." - Tim Baxter, Senior VP, Strategic Marketing, Sony...more

Democrat Johnson Wants To Re-Visit Military Payday Loan Cap
The issue may be one of discrimination. In order to follow the law, payday loan companies must deny credit to military personnel...more

US Small Business Spends $43 Billion Online
Ninety percent of online small businesses have less than five employees and they account for half of all small business online spending...more

Broyhill Leases 700,000 Sq Ft Southern California Distribution Center
"Rialto is a prime location from which we can serve our entire distribution area." - Steve Wolfe, VP, Logistics and Distribution, Broyhill Furniture Industries...more

Workplace Injuries Decline 4%; 40% Of Workplace Injuries Sprains and Strains
Median days away from work—-a key measure of the severity of the injury or illness—-was 7 days for all cases in 2005, as it was in 2004...more

Wide Aspect Notebook PC Shipments Hit New Record of 79%; HP Grows 36%, Dell Top Five in Every Region
Among the top five notebook PC brands (HP, Dell, Acer, Toshiba, and Lenovo), the share of wide and standard aspect models shipped varied widely in Q3'06. Lenovo shipped 13% wide aspect, HP shipments were 76% wide aspect, and almost all of Acer's notebook PCs were wide (98%)...more

Sony Launches Playstation 3; 9 Million Game Consoles Predicted For Holiday Sales Season
"But Microsoft has already had a year in the market to cream off early adopters, so the next few weeks will demonstrate how much pent-up demand there really is for the Xbox 360, and how many disappointed PS3 buyers are willing to switch camps." - David Mercer, Principal Analyst, Strategy Analytics...more

November Issue Of RTO Magazine Focuses On Custom Wheels; Gordon Crenshaw Named RTO Magazine Man of the Year
Gordon Crenshaw has been named the 2006 RTO Magazine Man of the Year. By some estimates, nearly three quarters of all Rent to Own companies in operation today, owe their very existence to this quiet, good man from Texas that loved numbers and wasn’t afraid to loan money to entrepreneurs with a silly notion about renting TVs...more

S&P Predicts Holiday Spending to Increase 5% Year over Year
"Consumers have so far continued to spend fairly robustly," he added. "As usual, however, the final days of the selling season will be key, along with the increasingly important January sales from the redemption of gift cards." - William Wetreich, S&P...more

LG.Philips LCD Opens First Service Center in the United States
The new service center will provide product repair and warranty services primarily for LCD panels that are 32 inches and larger...more

Dollar Financial Likes Florida; Acquires 23 Payday Loan Stores in State to Kick Off Expansion
"Florida has a favorable regulatory framework, attractive demographics, and a growing services sector workforce." - Jeff Weiss, Chairman and CEO, Dollar Financial Corp...more

Sony PlayStation Owners Showing Greatest Brand Loyalty; Revenue Growth In Upgrades
"Sony’s much larger installed base combined with higher loyalty among current generation owners could translate into significant gains for them if they can, in fact, convert these prospective owners. Microsoft and Nintendo, while still seeing strong overall loyalty, do not enjoy the same intensity." - Michael Wolf, Research Director, ABI Research...more
The Extra Mile; ColorTyme Entrepreneur Tom Karrat Takes Special Order To The Next Level
We’ll special order anything you don’t see in our store or items that aren’t normally available for rent including go-carts, foosball, aquariums and even boats. The sky’s the limit." - Tom Karrat, ColorTyme Franchisee...more
9,000 Attendees Kick Off EHX Fall 2006; Professionals Gather for the Largest Electronic House Expo Show in History
The EHX Fall 2006 show floor opened Wednesday with more than 300 exhibiting companies featuring media servers, home networking and home automation products...more
CBS President and CEO Leslie Moonves To Keynote 2007 CES at The Venetian
Moonves joins other confirmed 2007 International CES keynoters including, Microsoft’s Bill Gates, Motorola’s Ed Zander, Walt Disney Corp.’s Robert Iger and Dell’s Michael Dell...more
Women In Home Industries Today Hosts 128 Student From 9 Schools During High Point; Industry Embraces Future Professionals
Kincaid Furniture, a La-Z-Boy company, hosted lunch for the group in their showroom, followed by an educational program...more
50% Surveyed Want Playstation 3, Xbox, LCD
The Computing Technology Industry Association Web poll on high-tech toys was conducted between October 19 and November 14...more

Consumers Give US Retail Call Centers Barely Passing Grade
More than 18 percent of North American consumers reported that the last interaction with a retail contact center fell short of their expectations, and less than 37 percent of retailers exceeded customer expectations...more

Claim; New SBA Policy Will Divert Billions to Big Business
"When the federal government hits its small business goals by reporting contracts to Fortune 1000 firms as small business awards, America's small businesses lose out on billions. This is totally unfair and it has to stop." - Lloyd Chapman, President, American Small Business League...more
Aaron's Founder Honored By University of North Carolina; Aaron's Promotes D. Chad Strickland to VP Employee Relations
R. Charles Loudermilk Sr., chairman and CEO of Aaron Rents, received the Business School Leadership Award from the  University of North Carolina at Chapel Hill...more
Cell Phones Now Account for Nine Percent of Primary Still Image Capture Devices; Digital Still Camera Market Growth Depends On Upgrades
"Among consumers who now classify their cell phone as their primary image capture device, 47 percent also own a digital camera." - Tim Herbert, Senior Director of Market Research, CEA...more
Mobile Phone Vendors' Results Analysis; Nokia on Top in Shipments
Nokia posted a record high of 88.5 million units in the third quarter...more
New Zealand's Dominion Television Rentals Bought Out by Senior Management
"The makeover has seen the level of sales in-store jump by 56 percent across both Henderson and Palmerston North stores so we will now accelerate that program with plans to upgrade the store and brand image in Whangarei, Gisborne, Tauranga, and Invercargill by the end of January 2007." - Mark Spring, Former Managing Director, Current Co-owner, DTR...more

Simmons Bedding Completes Acquisition of Simmons Canada; Announces CEO Pace Retirement
"We are extremely appreciative of the contributions Terry has made to Simmons' North American presence and we wish him the best that retirement has to offer." - Charlie Eitel, Chairman and CEO of Simmons Company...more

Rent-A-Center Completes Rent-Way Acquisition
Rent-A-Center now operates 3,535 company-owned stores, 4 times as many company owned locations as Aaron's Sales & Lease Ownership, the number two player in the sector, and 19 times more than easyhome, now North America's third largest rental purchase company...more
Nation’s Largest Used Car Franchise Ranks in Top 10 Percent of U.S. Franchise Systems
"This ranking testifies to the hard work of our franchisees and their employees, the integrity of our business model, and the satisfaction of our customers." - Steve Wedding, CFO, J.D. Byrider...more
La-Z-Boy CEO "Concerned" About Q4
"Although we have made strides in our wholesale divisions from a margin perspective, the volatility of the retail climate continues to concern us." - Kurt Darrow, CEO, La-Z-Boy...more
RentDirect M2M Summit To Be held In Atlanta May 7 - 8, 2007
"The ideas sparked during our 2-day collaboration inspired RentDirect’s latest initiatives, like our RTO financing program and an integrated RTO marketing campaign for 2007 that includes eight unique promotions." - James MacAlpine, Executive Director, RentDirect...more
ColorTyme Racing To Finish Season At Cleveland
"When they made the Gobbler part of the memorial weekend to honor Joe Lee (Johnson) it just made for a more exciting weekend with more racing and more money on the line." - Johnny Chastain, Driver, ColorTyme Racing #00 Pontiac...more
Aaron's Names Former Home Depot Exec Vice President, General Counsel
"We anticipate that [Beth's] extensive legal experience and knowledge will significantly contribute to the continued growth of our business." - R. Charles Loudermilk, Sr., Chairman and CEO,Aaron Rents...more
 

Aaron’s Donates Computers to Help Unique Charity for Abandoned Children
"It was frankly a shock to learn that there are seriously ill children who are abandoned in hospitals by their own families...I challenge other business leaders to find ways to contribute desperately-needed resources to groups like Dream House." - Ken Butler, President, Sales & Lease Ownership Division, Aaron Rents...more

New Population Profiles Released by Census Bureau; American Community Survey Data Iterated by Race, Hispanic origin, Ancestry and Age
"Nearly 6 percent of the non-Hispanic white household population age five years and over spoke a language other than English at home." - Data from the U.S. Census Bureau's American Community Survey...more

Sony Supports Internet Video With Expanded Line of Hard Disk Drive Camcorders
"People are now capturing video more frequently in their everyday lives, and this is good news for the camcorder business." - Linda Vuolo, Marketing Director for Camcorders, Sony...more

Who Will Win Next Generation Video Game Console Battle?
Those who spend the most time and money on video games, are more likely than all other segments to emphasize the importance of appealing game titles, backward compatibility, wireless controllers, Wi-Fi capability, and the ability to play online...more

Convergence of Consumer Electronics and PCs Driving Demand for Both Markets
Hybrid set-top-boxes that connect to a home PC to expand the user experience will stimulate greater demand for both computers and consumer electronics...more

Consumer Demand For High Definition Booming
HDTV sales have increased 52 percent in unit volume and 39 percent in dollar volume from January through September of 2006 compared to the same time period in 2005...more

EZCORP Reports 19% Revenue Increase In Q3; Payday Loan Earnings Up 95%; Announces Three-For-One Stock Split
"Increases in our signature loan contribution, or signature loan fees less bad debt and direct transaction expense, led the improvement with growth of 95% or $7.7 million." - Joe Rotunda, President and CEO, EZCORP...more

PCRental Agent Continues Rollout; Computer Locking Software Valuable Tool For Rent to Own Dealers
"Every time we have locked a computer, which is the last resort before a pickup situation, the customer has contacted us, giving us the opportunity to discuss their situation and get the account back on track." - Ron Koller, ColorTyme Franchise...more

Online Digital Television Buying Guides Published
"The only thing many consumers know about DTV is that they desperately want one of their own." - Todd Thibodeaux, Senior VP of Industry Relations, CEA...more

Mark Roberts Plans 7,000 Sq Ft Accent Showroom At Vegas Market
California based Mark Roberts has announced plans to open a new home accents showroom in Building A at World Market Center in time for the Winter 2007 Las Vegas Market, scheduled for January 29 – February 2, 2007...more

Small Business Owners Optimistic; Owner Satisfaction and Confidence Climb
74 percent of small business owners surveyed said their company's financial situation is very good or good and 79 percent expect to be better off financially a year from now...more

Do Retailers Gain Sales By Starting Holiday Season Earlier? No Says Survey
"Is starting the holiday season earlier sound strategy? No it’s not. Clearly shoppers aren’t planning to start their shopping any earlier…there’s no change in their timing." - Marshal Cohen, Chief Industry Analyst, The NPD Group...more

Job Seekers Use Both Print and Online Advertising; Online Dominates Results
Newspapers were the least likely to be cited as the source of a job offer with 24 percent of respondents citing print ads...more
Low Quality MP3 Dumming Down Audiophiles Says Association; CEA Partners With Rock Band 3 Doors Down to Promote Quality Audio
"According to our latest research, 56 percent of potential buyers say they’ve never heard what they’d consider to be quality audio." - Gary Shapiro, President and CEO, CEA...more
Global LCD TV Shipments Rise 99% in Q3’06 as North America Overtakes Europe; Samsung #1 in Units and Revenues
With Europe struggling, pricing pressure increased, which contributed to faster than expected growth in North America, enabling North America to overtake Europe for the first time with a 33.7% to 33.6% unit share advantage...more
Sony's Playstation 3 Among 2007 Consumer Electronics Design And Engineering Honorees
Sony's Playstation 3 will be among the The 2007 International Consumer Electronics Show (CES) Innovations 2007 Design and Engineering Awards honorees...more
Gateway Shipping 24-Inch and 22-Inch High-Definition Widescreen LCDs
The new Gateway 24-inch High Definition (HD) Widescreen Display (FPD2485W) is MSRP $679.99 and is available now...more
Monitoring Online Communities Can Identify Consumer Electronic Trends Claims Nielsen
"Consumers talk before, during, and after the new product purchase cycle, and our goal is to absorb and translate as much of conversation into actionable intelligence as possible." - Pete Blackshaw, CMO, Nielsen BuzzMetrics...more

Vote Early, Vote Often; Results of RTO Online Visitor Poll Indicates Democrats 2.3 Times More Likely To Cast Multiple Votes
After removing the duplicate votes, Republican visitors outnumber Democrat visitors to RTO Online - 54% Republican versus 35% Democrat. 11% indicated they were Independent (381 unique votes cast)...more

You Have Four Seconds To Impress An Online Customer; New Study Reveals Speed Is Everything
More than one-third of shoppers with a poor experience abandoned a site entirely, while 75 percent were likely not to shop on that site again. Nearly 30 percent of dissatisfied customers will either develop a negative perception of the company or tell their friends and family about the experience...more
easyhome Reports Record Quarterly Revenue; Same Store Sales Up 8.1%
"easyhome's revenue growth and operating profit margin in the third quarter were the highest of our North American peer group." - Donald K. Johnson, Chairman of the Board, easyhome...more
Terra Firma Selling Off Radio Rentals In Stock Offering Worth $56 Million
Radio Rentals currently has 67 stores in all Australian states and territories, except South Australia, with more than 200,000 BOR...more
Rentcash Remains In Red Despite Same Store Sales Increase; Company Reiterates Plans To Spin Off Insta Rent
"Same store sales continue to improve, poor performing stores are being closed, and the management team has been strengthened with the addition of Mr. Bill Johnson as President and Chief Operating Officer of Insta-rent." - Gordon Reykdal, Chairman and CEO, RentCash...more
Nationwide Buying Group VP Receives Humanitarian Award
"Mr. Weisner was selected for his unwavering commitment to the humanitarian goals of civil rights and justice and his dedication to community and his industry." - Anti-Defamation League...more
Welton USA Announces RTO Dealer Holiday Specials
The offers include $100 SPA's on 42" and 50" Grand Wega LCD projection tv's, special prices with savings up to $200 on complete Sony Home Theater audio-video packages and a $299 special dealer cost on Sony Mini-DV camcorder with free carry bag...more
Hispanics Wield More Spending Power Than Any Other Minority Group
One in seven people in the United States is Hispanic – of Mexican, Puerto Rican, Cuban or other Spanish/Hispanic/Latino culture or origin...more

Data Shows Distinct Gender Differences In Career Priorities; Men Choose Career Prospects While Women Personal Fulfillment
"The findings do not imply that women don't care about career advancement. It's just not first on their list." - Cynthia Marsh, President and CEO, Personnel Decisions International...more

Payday Lender QC Holdings Reports Same Store Sales Up 17.4%
"Our comparable branches produced strong net revenue increases during the quarter, indicative of better revenues and continued success in controlling loan losses." - Don Early, Chairman and CEO, QC Holdings...more
LCD Revenues Rise 9% on 56% LCD Area Growth
Notebook PC panel shipments increased 14% Q/Q and 22% Y/Y to 20.7M units with average prices falling 7% Q/Q and 28% Y/Y to $104...more
SEMA Names Kathleen Schmatz Woman of the Year
Some of her past honors include the 1998 Distinguished Sales and Marketing Award from the American Marketing Association, Auto International Association's Person of The Year in 2001, Northwood University's 2003 Distinguished Woman's Award, and the Martin Fromm Lifetime Achievement Award from the Automotive Warehouse Distributors Association in 2004...more
Survey Reveals Top 10 Consumer Electronics Likely Purchases By Household Income
The affluent segment is hoping to receive flat panel plasma TVs (25.8%) and laptops (25.1%). The wish lists of the $25,000 to $99,000 segments consists of flat panel LCD TVs (31.4%), laptops (27.2%)...more
Rent-A-Center Completes Refinance Documentation
The funding of the new credit facility is contingent upon the closing of the pending acquisition of Rent-Way...more
85,000 Attend Recent High Point Market
By comparison, the Las Vegas market attracts an average of 50,000 after only 3 markets...more

New Video Podcast
Video From SEMA Show In Las Vegas, Nevada
Video update from the SEMA (Specialty Equipment Market Association) in Las Vegas, Nevada this week...more

J.D.Byrider Expanding; Seeking Franchisees In Key Markets
"J.D. Byrider is the most straight-up deal out there for customers, and for franchisees, too." - Jimmy Day, owner of two J.D. Byrider stores in San Antonio, Texas, and one of the most lauded franchisees in the Aaron Rents franchise...more
Illinois Fines Payday Lenders $500,000 In 10 Months
The state of Illinois has fined payday lenders operating in the state over 500,00 since the Payday Loan Reform Act (PLRA) went into effect in December, 2005...more
Gallup Poll; Nine of Ten Small Business Owners Will Vote In Upcoming Congressional Elections
"Small business is hugely influential, both in shaping the U.S. economy and even, potentially, the overall political landscape." - Rebecca Macieira-Kaufmann, Executive VP, Wells Fargo...more
Ernst & Young Holiday Sales Forecast; Promotions A Must For Companies Marketing To Low Income Consumers
"Value retailers will need to focus on promotional merchandise, especially for toys and high ticket items; this is particularly important for those catering to low income customers that have been hard pressed due to increases in energy prices and housing expenses." - Ernst & Young Holiday Sales Forecast...more
RTO Online Releases Traffic Numbers For October, 2006
RTO Online, Inc., the leading source of news and information for the rent to own industry, today reported website traffic numbers for the month ending October 31, 2006. Highlights: Visitors downloaded over 5,000 RTO Online exclusive multimedia presentations in October. The most popular download in October was the August/September issue of RTO Magazine...more
Specialty Furniture Retailer Jennifer Convertibles To Open Ashley Furniture HomeStores In New York
"Opening of these licensed HomeStores, which are approximately ten times the size of a typical Jennifer Convertibles store, will allow us to significantly grow our top line and add to profitability in a relatively short time." - Harley J. Greenfield, CEO, Jennifer Convertibles...more
BREAKING
Robert Briley's Rent City Converting To Aaron's
"My philosophy has always been to take out the competition. I have made many acquisitions over the years. I acquire competitors to remove them from the market. Converting to Aarons allows me to take them out of the marketplace as well." - Robert Briley, Aaron's Sales and Lease Ownership Franchisee...more
Rentcash Schedules Webcast
A link to the live webcast will be available from My RTO Portfolio...more
Consumer Confidence Takes Slight Dip
"Overall, this month's readings continue to suggest a moderate pace of economic growth and more of the same for the first few months of 2007." - Lynn Franco, Director, Consumer Research Center, The Conference Board...more
Format Wars, Price, Compatibility May Keep DVD Consumers On The Sidelines
"The studios, manufacturers, retailers and media companies have their own theories on how this will play out in the market. But, at the end of the day, the only thing that matters is the consumer." - Claudia Haase, Research Manager, CNET...more
No More Cables; TV Manufacturers Aim For Wireless High Definition Connections By Spring 2007
"The availability of high-definition wireless connections stands to eliminate the morass of cables, switches and other complexities traditionally needed to support the wide variety of devices consumers have and will continue to buy, such as HDTVs, HD disc players, digital video cameras and game consoles." - John Marshall, Chairman, WirelessHD...more
Rent-A-Center Same Store Sales Up 3.6%
"We were able to deliver on our expectations this quarter and believe we are well positioned in our core business as we approach the closing and integration of the Rent-Way acquisition." - Mark E. Speese, Chairman and CEO, Rent-A-Center...more
MEGA Group Announces New Rental Division Vendors; Crosley Appliance, Hackney Upholstery
"Adding Crosley to our line up fits into our core promise that we make to our members of 'saving you money on the products you already buy'." - Chris Nickas, Director, MEGA Rental Group...more
State Fire Marshals Demand Upholstery Flammability Standards; Calls 10 U.S. Deaths per Week 'Preventable'
The National Association of State Fire Marshals accuses the furniture industry of foot-dragging on a national guideline...more
LCD Shipments Set To Overtake Plasma Despite Record Plasma Shipments
LCD TV panel shipments were larger than plasma TV panel shipments at 37” + for the first time in Q3 2006 and are poised to overtake plasma at 40”+ as early as Q4 2006...more
New Baseline Products Introduced At High Point Market
"The High Point Furniture market last week was incredible for Baseline. Dealers who ran tests during the summer with our sport lifestyle furniture had great results and came back to buy more." - Brown Councill, RTO Sales, Baseline Licensing Group...more
PCRental Agent Software Locks And Tracks Missing Rental Computers
"We’ve installed PCRental Agent last month and it’s already helped us recover a missing laptop." - Khalid Kolgaonkar, ColorTyme Franchisee...more
RentDirect Celebrates One Year Anniversary; New Initiatives Planned For Second Year
"We have made it our mission to work with and, if necessary, educate our vendor partners. As a result, more manufacturers are taking note of the rental industry and have created improved programming, pricing and promotions for members." - James MacAlpine, Executive Director, RentDirect...more
Discover Rims Opens Third Company Store; Variety Key To Custom Wheel Franchise Success
"We are placing our new stores in high profile locations that cater to a diverse clientele, not just the rent-to-own customer. In doing so, we are achieving greater success by attracting a clientele that has the ability to pay cash for exotic tires and wheels that previously were not available except in large metropolitan cities." - Tyner Reeves, Director of Operations, Discover Rims...more
J.D. Byrider Franchisee Case Study; Beth Melamed, Paving the Way to Success in Pennsylvania
Beth Melamed is one of a growing number of women in the automobile industry. She’s also the owner of two successful J.D. Byrider dealerships in Pennsylvania—first in Lancaster, then in Philadelphia. Her opening of the Lancaster dealership in 2000 was her family’s second foray into the sub-prime market...more

Is Loyalty in the Workplace Dead? New Book Claims Employee Turnover and Bad Management Practices is Costing Employers Millions Every Year
"Most companies are not proactive in their recruiting practices. Instead, companies tend to be reactive, usually functioning in panic mode, trying to fill surprise openings. News Flash!! The days of the loyal twenty-year employee are gone! Most people will have at least 10 jobs in their lifetime." - Excerpt from "Secrets from a Body Broker" by Suzanne L. Rey...more

Getting Relevant Key To Effective Direct Mail and Email Campaigns
"True ‘relevance’ lies in the content and context of a marketing message, not in the mere strategic placement of a recipient’s name or other customer data in a marketing solicitation." - Bruce Biegel, Senior Managing Director, Winterberry Group...more
Association Backs Digital Freedom Campaign
"It’s time to reassert consumers’ rights when it comes to new digital technologies. It’s time to inform consumers about what they can do with these innovative devices rather than intimidating, threatening and even suing them." - Gary Shapiro, President and CEO, CEA...more
Women in the Home Industries Today Announces 2007 Educational Conference Dates
The new timeframe accommodates the fall 2007 High Point Market schedule...more
Furniture Brands Stops Earnings Slide; Sales Up 2% In Q3
"As the third quarter progressed we witnessed an increasingly challenging retail environment. Despite this, we delivered a positive year-over-year sales comparison and our net earnings were basically flat on a pro forma basis." - W. G. (Mickey) Holliman, Chairman and Chief Executive Officer, Furniture Brands International...more
Aaron Rents Same Store Sales Up 6.9%
"We are on track to add approximately 350 stores, a combination of Company-operated and franchised stores [by] December 31, 2007." - R. Charles Loudermilk, Sr., Chairman and CEO, Aaron Rents...more
Two Thirds of Employees Want to Change Jobs New Research Concludes
Under-use of competencies was a recurring theme in the survey. When asked directly whether they felt they were making the most of their talents and skills, almost three-quarters of those surveyed said no...more
SED International Opens Tampa Distribution Center
"Florida has always been a vital region for us, dating back to our founding 26 years ago. We want to make sure we are doing everything we can to provide our customers with the support they need to succeed." - Jonathan Elster, Executive Vice President, SED...more

Zune No Threat To iPod In Short Term; iPod Dominance Unthreatened Over Next 18 Months
"Despite the coming of Zune, the return of closed-loop digital music service-device combinations, and music phones on the horizon, the iPod should not lose significant market share in the next 12 to 18 months." - Michael Gartenberg, Vice President & Research Director at JupiterResearch...more

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