The residential furniture giant acquired Sunset West's assets for $23.5 million in cash at closing, plus an additional $2 million subject to an escrow arrangement.
MARTINSVILLE, Va. – Hooker Furnishings, which ranked 21st in the FDMC’s 300 ranking of largest woodworking firms, has opened its largest facility in company history.
The 800,000-square-foot warehouse will enable the company to reduce its delivery times to any customer in the continental U.S. serviced out of the Savannah, Ga., port.
Paul B. Toms has retired as chairman of the board of Hooker Furnishings Corp. effective immediately. The residential furnishings giant has named Henry G. Williamson Jr. as his successor.
Hooker Furnishings has promoted Johne Albanese to chief marketing officer and Tod Phelps to senior vice president-Operations, both new positions within the company.
MARTINSVILLE, Va. – Hooker Furnishings has promoted Mike Harris to president-Hooker Casegoods and Upholstery, and Anne Smith to president-Domestic Upholstery in addition to her role as chief administrative officer. Both now report to company CEO Jeremy Hoff.