Room & Board

Room & Board Celebrates Transition to 100% Employee Ownership

Retrieved on: 
Thursday, April 25, 2024
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MINNEAPOLIS, April 25, 2024 /PRNewswire/ -- Room & Board, the Minneapolis-based furniture retailer known for its commitment to American craftsmanship, is proud to announce: the company's transition to a 100% Employee Stock Ownership Plan (ESOP), giving their 1,100 employees a financial stake in the company. This move is a testament to the company's dedication to remaining profitable through organic growth while prioritizing the well-being of its staff members.

Key Points: 
  • MINNEAPOLIS, April 25, 2024 /PRNewswire/ -- Room & Board, the Minneapolis-based furniture retailer known for its commitment to American craftsmanship, is proud to announce: the company's transition to a 100% Employee Stock Ownership Plan (ESOP), giving their 1,100 employees a financial stake in the company.
  • Since its inception in 1980 by founder John Gabbert, Room & Board has focused on long-lasting, and timeless modern furnishings and home decor.
  • "At Room & Board, our staff members are at the heart of everything we do," says John Gabbert, Founder and Chairman.
  • For more information about Room & Board and its commitment to employee well-being and environmental stewardship, please visit www.roomandboard.com .

New Wind Power Scholarship Offers Life-Changing Opportunity for $1,000

Retrieved on: 
Friday, March 10, 2023
Wind, Room, NMCC, Room & Board, GWO, Pell Grant, Maine Public Utilities Commission, Admission, Northern Maine Community College, United States Congress, Education, Energy, Curriculum, Electricity, Textbook, Research, Pell, Aptitude, Electronics, Book, Student, Faculty, Maine Maritime Academy, Parent, Congress, Housing, Federal Student Aid, STEM, Nursing, Renewable energy

"This program can change the trajectory of an individual's life," said NMCC Wind Faculty member Wayne Kilcollins, author of Maintenance Fundamentals for Wind Technicians, the textbook used in wind programs throughout the country.

Key Points: 
  • "This program can change the trajectory of an individual's life," said NMCC Wind Faculty member Wayne Kilcollins, author of Maintenance Fundamentals for Wind Technicians, the textbook used in wind programs throughout the country.
  • State and federal investments in domestic renewable energy have renewed interest in wind power, but NMCC's wind program existed long before this recent resurgence.
  • Large-scale, on-shore wind projects like King Pine Wind, which can deliver clean, reliable, and low-cost energy, also require the expertise of highly trained wind technicians.
  • To apply for NMCC's wind power technology program, or if you'd like to learn more about this new scholarship opportunity, please visit nmcc.edu or call the admissions office at (207) 768-2785.

Riboli Family Wines Announces Executive Leadership Changes

Retrieved on: 
Wednesday, January 11, 2023
Wine, Avanti, Growth, Investment, Room & Board, Management

LOS ANGELES, Jan. 11, 2023 /PRNewswire/ -- Riboli Family Wines, family-owned and operated since 1917, announces new leadership changes to assist with the company's rapid growth. The company has appointed 3rd generation family member Steve Riboli as its new President and CEO. Santo Riboli, former president and eldest of the 3rd generation, will move into the role of Chairman of the Board. Additionally, Anthony Riboli has been appointed as Officer of the Board in addition to his winemaker duties.

Key Points: 
  • LOS ANGELES, Jan. 11, 2023 /PRNewswire/ -- Riboli Family Wines, family-owned and operated since 1917, announces new leadership changes to assist with the company's rapid growth.
  • "One of our biggest strengths is being a close-knit family that deeply cares about perpetuating our family legacy, says CEO and President Steve Riboli.
  • Our family motto at Riboli Family Wines is 'Sempre Avanti' - which means 'always moving forward'.
  • Moreover, he will still advise the operations of their statewide California distribution company Riboli Family Wines & Spirits.

Bassett Comments on Proposal by CSC Generation Holdings

Retrieved on: 
Tuesday, October 11, 2022
Sur La Table, Vinson & Elkins, NASDAQ, CSC, Partnership, Nasdaq, Bassett Furniture, Company, Board, CEO, Room & Board, GLOBE, Environment, Board of directors, Financial adviser, Risk management

BASSETT, Va., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today commented that its Board of Directors, in consultation with its independent financial and legal advisors, previously found that two unsolicited, preliminary non-binding proposals from CSC Generation Holdings, Inc. (CSC) to acquire Bassett significantly undervalued the Company and, as a result, rejected both proposals.

Key Points: 
  • BASSETT, Va., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) today commented that its Board of Directors, in consultation with its independent financial and legal advisors, previously found that two unsolicited, preliminary non-binding proposals from CSC Generation Holdings, Inc. (CSC) to acquire Bassett significantly undervalued the Company and, as a result, rejected both proposals.
  • The most recent proposal, which CSC has made public today, was for $21.00 per share in cash.
  • Robert H. Spilman, Jr., Chairman and CEO, said, CSCs effort to make the proposal public does not change the fact that it undervalues the company.
  • Added Spilman, CSC acquired a large number of shares in the company earlier this year, of which the majority were sold shortly thereafter, and Bassett has proactively engaged with CSC consistently since the company became aware of CSCs investment.

AIDS Walk Los Angeles Returns In-Person on October 16 in West Hollywood

Retrieved on: 
Thursday, September 8, 2022
Federally Qualified Health Center, CEO, AIDS, APLA, Trust, ABC7, Legislation, Quest Diagnostics, Assault, Walking, Associate, Health education, Microsoft, Awareness, APLA Health, CCI, Topical steroid withdrawal, Policy, City, Capital Group Companies, Health, KPMG, LOS, Gilead Sciences, Oaktree Capital Management, Organization, Multimedia, Community, ViiV Healthcare, HIV, Janssen, FQHC, Paramount Pictures, AIG, Housing, AIDS Walk, STD, Chase Child Life Program, Amgen, Bank, All Over the Guy, Room & Board, HIV/AIDS, Film, Health insurance, Pharmaceutical industry, USC, Boeing, Grindr, Walgreens

LOS ANGELES, Sept. 8, 2022 /PRNewswire/ -- APLA Health announced that the 38th annual AIDS Walk Los Angeles will be held in the City of West Hollywood, on Sunday, October 16. Individuals and Teams can register now at no cost and fundraise on a newly launched website (https://aidswalkla.org).

Key Points: 
  • LOS ANGELES, Sept. 8, 2022 /PRNewswire/ -- APLA Health announced that the 38th annual AIDS Walk Los Angeles will be held in the City of West Hollywood, on Sunday, October 16.
  • APLA Health announced the 38th annual AIDS Walk Los Angeles will be held on Sunday, October 16 in West Hollywood.
  • 647 N San Vicente Blvd, West Hollywood, CA
    This year's AIDS Walk Los Angeles is supported by more than thirty generous sponsors.
  • About AIDS Walk Los Angeles: Since 1985, AIDS Walk Los Angeles has drawn hundreds of thousands of supporters to walk, and millions more to donate, raising more than $92 million to combat HIV and AIDS.

Robin Games Launches PLAYHOUSE in an All-New Category of Mobile Gaming

Retrieved on: 
Tuesday, August 30, 2022
Internet, Robin, Wilson, App Store (iOS/iPadOS), Man, Google Play, LOS, Imagination, Reading, Blog, Multimedia, Creativity, House Beautiful, Pinterest, Mechanics, Social media, Woman, Room & Board, Industry, Love, Dream, Video game, Video game console, Instagram

LOS ANGELES, Aug. 30, 2022 /PRNewswire/ -- Women-led digital entertainment company Robin Games has created a new category in the mobile game space, aimed at redefining who a gamer is and what a mobile game can be. Dubbed 'Lifestyle Gaming,' the genre blends viral lifestyle content people consume on social media and in their day-to-day lives with gaming mechanics to provide a truly creative, interactive experience.

Key Points: 
  • Dubbed 'Lifestyle Gaming,' the genre blends viral lifestyle content people consume on social media and in their day-to-day lives with gaming mechanics to provide a truly creative, interactive experience.
  • "Sophisticated gaming has not been explored nearly enough, but we are leading that change and creating a new, inspiring space for people to engage with mobile games in a modern way."
  • For more information please visit: https://www.comeplayhouse.com/
    Robin Games is a mobile gaming company creating a new category of digital entertainment we call Lifestyle Gaming.
  • We're fusing together the virality of lifestyle content with the engagement and business model of mobile games.

Ethan Allen Declares Special Cash Dividend and Regular Quarterly Cash Dividend

Retrieved on: 
Tuesday, August 2, 2022
Board, CEO, NYSE, History, GLOBE, Company, Room & Board, Board of directors, Interior design

DANBURY, CT, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE:ETD) announced today that its Board of Directors has declared a $0.50 per share special cash dividend to shareholders of record on August 16, 2022, payable on August 30, 2022.

Key Points: 
  • DANBURY, CT, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (Ethan Allen or the Company) (NYSE:ETD) announced today that its Board of Directors has declared a $0.50 per share special cash dividend to shareholders of record on August 16, 2022, payable on August 30, 2022.
  • The Board also declared a regular quarterly cash dividend of $0.32 per share, payable on August 30, 2022 to shareholders of record at the close of business on August 16, 2022.
  • Accordingly, we are announcing a special cash dividend of $0.50 per share along with our regular quarterly cash dividend of $0.32 per share.
  • Ethan Allen Interiors Inc. (NYSE: ETD) is a leading interior design company, manufacturer and retailer in the home furnishings marketplace.

Online Secondhand Furniture Marketplace Kaiyo Announces West Coast Expansion

Retrieved on: 
Tuesday, July 12, 2022
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NEW YORK, July 12, 2022 /PRNewswire/ -- Kaiyo, a full-service marketplace for gently-used furniture committed to great design, exceptional customer care, and a more sustainable planet, today announced its West Coast debut. With this expansion, Kaiyo will offer those in the greater Los Angeles area the ability to quickly and easily buy and sell high-quality, pre-owned pieces from coveted brands. Expanding to the West Coast is the next phase in Kaiyo's mission of making great furniture accessible to everyone and sustainable for the planet and comes on the heels of success throughout the Northeast, including in New York, Philadelphia, Baltimore, and Washington, D.C.

Key Points: 
  • NEW YORK, July 12, 2022 /PRNewswire/ -- Kaiyo , a full-service marketplace for gently-used furniture committed to great design, exceptional customer care, and a more sustainable planet, today announced its West Coast debut.
  • Since launching, we have successfully kept more than three million pounds of furniture out of landfills, and with our West Coast launch, we look forward to accelerating that number," said Alpay Koralturk, Founder and CEO of Kaiyo.
  • Kaiyo's West Coast expansion will include service to Los Angeles and surrounding areas such as Beverly Hills, Venice, Santa Monica, and more.
  • Kaiyo is an online furniture marketplace dedicated to great design, exceptional customer care, and a more sustainable planet.

As home goods sales decline, Wayfair maintains significant market share

Retrieved on: 
Thursday, June 2, 2022
Habit, Customer, Bed Bath & Beyond, Room, Room & Board, TJX Companies, HomeGoods, Growth, GMV, Research, NEW, Industry, Wayfair, Index, Pottery Barn, Retail

"Our goal for this index is to highlight trends in the industry using alternative data--including our proprietary datasets--to paint a better picture of how the competition is stacking up," said Ariane Turley, Sr. Research Analyst at YipitData. "The retail sector, specifically home goods, deserves to be watched especially in the wake of the pandemic as shopping habits revert to old patterns."

Key Points: 
  • YipitData launches Home Goods Market Share Index, shows Wayfair market share 2x closest competitors
    NEW YORK, June 2, 2022 /PRNewswire/ -- YipitData , the leading market research firm, today announced the first edition of its Home Goods Market Share Index , a ranked list of the top 30 pure play brands and retailers.
  • It measures year-over-year growth, market share, quarterly changes and represents online and offline sales within the US.
  • YipitData's Home Goods Market Share Index provides a current snapshot of the home goods retail landscape, showing winners and losers in an industry buffeted by market shifts and disruptions.
  • Home Goods Market Share Key Takeaways:
    Wayfair leads the sector overall, with 16.7% market share.

Online Furniture Marketplace Kaiyo Raises $36 Million In Series B To Accelerate Expansion, Led by Edison Partners

Retrieved on: 
Tuesday, March 29, 2022
Herman Miller (manufacturer), LinkedIn, Max Ventures and Industries, Investment, Growth, Multimedia, CEO, Thomas Edison, View, Industry, Silicon, Chief executive officer, RH (company), News, Solution, Founder CEO, Room & Board, Photography, Alpay

NEW YORK, March 29, 2022 /PRNewswire/ -- Kaiyo, a full-service marketplace for gently-used furniture committed to great design, exceptional customer care, and a more sustainable planet, today announced a $36M Series B funding round comprised of equity and debt, led by Edison Partners. The investment will be used to further accelerate growth and market expansion, starting with California. This funding round comes amidst rapid growth for Kaiyo, who has experienced more than 100 percent consistent growth year over year due to growing interest in the circular economy and pandemic-induced supply chain issues.

Key Points: 
  • "Kaiyo is disrupting furniture re-commerce by solving for both seller and customer pain points and creating a frictionless experience," said Daniel Herscovici, Growth Equity Investor and Partner at Edison Partners.
  • The company also raised a $5M Series A funding roundwith this new financing, Kaiyo has raised a total of nearly $50M.
  • Kaiyo is an online furniture marketplace dedicated to great design, exceptional customer care, and a more sustainable planet.
  • For over 35 years, Edison Partners has been helping CEOs and their executive teams grow and scale their companies.