Variety paces merchandising at Wagner's

Article Abstract:

Wagner's of Denver, CO, offers different designs to give more choices during their purchase of casual dining, bar and outdoor furniture as different consumer buying behavior in the casual furniture business is observed, indicated Wagner's president Gary Oxman. Oxman noted that successful casual furniture providers should be able to supply different prices and styles with various display options. The company even offers customized service in the middle to upper-middle pricing tiers for its products and targets consumers in the 30-to-54-year-old range, stated Oxman.

Comment:

Offers different designs to give consumers more choices during their purchase of casual dining, bar and outdoor furniture

United States, Marketing procedures, Wagner's

Transamerica takes control of Cantrex

Article Abstract:

Transamerica Commercial Finance Corp. Canada (TCFC Canada) decided to acquire all outstanding common shares of Cantrex Group of Canada after forgoing its 90% minimum condition on its offer. TCFC Canada initially demanded that 90% of Cantrex's shares be offered at C$5 each share before the transaction would be carried out. TCFC Canada President Peter Kelly stated that the offer would be extended at C$5 until Jul. 27, 1998 and that TCFC Canada would take steps to replace the board of directors of Cantrex who rejected the C$5 per share bid.

Comment:

Decides to acquire all outstanding common shares of Cantrex Group after forgoing its 90% minimum condition on its offer

Canada, Asset sales & divestitures, Acquisitions & mergers, Cantrex Group, Transamerica Commercial Finance Corp. Canada

British Century Designs refocuses line

Article Abstract:

British Century Designs has refocused its fine English antique reproduction line. The firm, which will focus on English-produced goods, has eliminated solid mahogany line from Asia due to quality issues and low sales.

United Kingdom, Product discontinued, Furniture, British Century Designs