88.5 WFDD Web Archives
WFDD Archive
Main WFDD Website News Archives Triad Arts Archives Real People Archives Sports Commentary Archives Business Report Archives  

You are visiting the WFDD web archives.

Click here to return to our main website with the latest news from WFDD and NPR.

Search the WFDD archives
 

The Business Report
A Big Vote of Confidence in the High Point Furniture Market

October 21, 2011 | David Ford

This week’s Business Journal reports that Sin City and the Furniture Capital of the World can live together in perfect harmony—at least for the time being.

International Market Centers (IMC) invested about $1 billion to consolidate the largest showroom buildings in High Point with the World Market Center in Las Vegas. The move set off months of fear and speculation over the future of the Triad's lucrative annual furniture market.

After six months researching a "comprehensive overview" of what home furnishings retailers and manufacturers want from their industry conventions, IMC says it does not see any big changes on the horizon.  IMC home furnishings president Tom Mitchell says two full-length events each year in each city will continue.

Business Journal contributor and Director of the Journalism Program at Wake Forest University Justin Catanoso spoke about High Point’s new normal with WFDD’s David Ford.

Full archive of The Business Report >>


<< earlier stories later stories >>
<< November 2007 >>
Su M T W Th F Sa
    123
45678910
11121314151617
18192021222324
25262728293031

Show month: