Minimum price policy

Article Abstract:

Century Furniture will implement a minimum retail price policy starting Jul. 1, 1998 as part of its effort to build a profitable brand name among select dealers. However, the policy will apply only to Century and Shuford wood products and not to Century Upholstery, Shuford Upholstery, Century Chair or Centurion Leather. Although Century Furniture's policy will limit discounts, it will still ensure a minimum gross profit margin of 38% to 40%, depending on dealers' sales volume with the firm. Century Furniture's policy is similar to the policy implemented by Thomasville Furniture in 1996.

Comment:

Will implement a minimum retail price policy starting 7/1/98 to build a profitable brand name among select dealers

Retail & services management, Century Furniture Co., Article

Speakers: B2B link saves time, money

Article Abstract:

Speakers at the American Furniture Manufacturers Association meeting said suppliers should add greater consideration to electronic transactions. The speaker said electronic transactions can save money and time.

FURNITURE AND FIXTURES, Usage, Conferences, meetings and seminars, Technology application, Electronic commerce, E-commerce, Furniture industry, Furniture, American Furniture Manufacturers Association

DR resource Samuel Bent liquidates

Article Abstract:

Furniture maker Samuel Bent is terminating its operations after failing to fulfill its debt payments. Samuel Bent has been operating for 134 years.

Organizational history, Furniture, Samuel Bent