Bob's Dicount Furniture

After more than doubling in size the past 10 years, the 69 store Bob’s Discount Furniture chain has executed a succession strategy.

Manchester, Conn.-based Bob’s Discount Furniture elevated Michael Skirvin from his role as president and COO to serve as president and CEO. He assumes the top job from Ted English who will remain with the company as executive chairman.

Private equity firm Bain Capital concluded 2013 with the acquisition of Bob’s Discount Furniture, an operator of 47 stores in the Northeast that is intent on expansion.

Bain acquired a majority ownership position in the Manchester, Conn.-based company and said senior management will continue to own a significant stake. Current CEO Ted English will continue to lead the company whose first order of business for 2014 is entry into the Philadelphia market.

NEW YORK — Dell has unveiled its first end-to-end cloud solution which enables retailers to seamlessly move to an in-store cloud environment.