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  • Havertys sales rise in Q2

    Atlanta – Havertys sales for second quarter 2014 increased 2.4% to $175.1 million, compared with $171.1 million for the second quarter of 2013. On a same-store basis, sales for the quarter increased 3.2%.

    Havertys closed its Plano, Texas, store in May. In the third quarter, the company will open a new store in Fort Worth, Texas, and relocate its Fayetteville, North Carolina, showroom.

  • Home Depot enters connected home market

    Atlanta – Following Staples’ expansion of its Staples Connect home and office automation platform to 500 stores, The Home Depot is making Wink-enabled connected home products available for purchase in its nearly 2,000 U.S. stores and online.

  • Ikea expands solar array on Maryland DC

    Conshohocken, Pa. – Ikea has plugged-in an expansion of the solar array completed in April 2013 on the roof of its 1.7 million-sq.-ft. Perryville, Maryland, distribution center. Installation of the new panels began in fall 2013, and since then have nearly doubled the size of the original project.

  • Tile Shop names Best Buy controller as CFO

    Minneapolis -- Tile Shop Holdings announced the appointment of Kirk Geadelmann as its new CFO.

    He will transition into the role on August 12, 2014, succeeding CFO Timothy C. Clayton, who has resigned his position to accept an executive position with another company. Clayton will remain with the Tile Shop until mid-August to ensure a smooth transition of responsibilities.

    Prior to joining Tile Shop, Geadelmann worked for 14 years at Best Buy, most recently serving as the corporate and international controller.

     

  • Stego embarks on carbon footprint project

    Chicago -- Stego Industries, a provider of in below-slab moisture vapor protection, has launched an ambitious new company-level initiative to eliminate the carbon emissions of its business operations.

    The initiative, Stego’s Carbon Footprint Project, took another step toward this goal at the American Association of Architects (AIA) National Convention in Chicago last week by purchasing carbon offsets for all of the company’s air travel in 2013 — some 115 metric tons — through the TerraPass Carbon Balanced Business Program.

  • RH New York, The Gallery opens in NYC's Flatiron District

    New York -- Restoration Hardware’s RH New York, The Gallery, located at 935 Broadway in New York’s Flatiron District, is open for business.

    With three floors and 30,000 gross sq. ft., the newly expanded gallery is three times its previous size, featuring a dramatic antique mirror-lined grand staircase with custom-designed iron handrails inspired by the late Venetian architect Carlo Scarpa.

  • New Sears Home Appliance Showroom opens in Colorado June 26

    Hoffman Estates, Ill. - Sears Hometown and Outlet Stores Inc. will open its newest Colorado Sears Home Appliance Showroom on June 26 in Arvada. The Arvada location marks the fourth opening of a new Sears Home Appliance Showroom Store this year and the 14th opening of a new store across all of Sears Hometown and Outlet Stores formats.

  • Lighting Rebate Trends

    Rebates for lighting upgrades are alive and well, with rebate organizations having updated their rebate and incentive programs for 2014. Currently, 71% of the country is covered by an active commercial lighting rebate, according to BriteSwitch, Princeton, New Jersey, which helps large national companies take advantage of rebate and incentive programs that exist across the United States and Canada.

    Here is a review of major rebate trends from BriteSwitch: 

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