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In 1966, Ekornes started production of lounge furniture. In 1971, Stressless® chairs were introduced on the Norwegian market. [3] [4] Jens E. Ekornes was the sole owner of the company until 1960, when his brothers Leif and Martin became co-owners in a joint stock company J. E. Ekornes Fabrikker AS. Upon his death in 1976, Martin Ekornes took ...
Late in 2001, Masco announced Furniture Brands International would buy Henredon, Drexel Heritage and Maitland-Smith for $275 million, in a deal expected to return Furniture Brands to the number one U.S. furniture manufacturer, a title lost to La-Z-Boy when that company bought LADD in 2000. [13]
Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers.It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 900 locations across the United States.
Jens Petter Ekornes started his career at the Ekornes factory as a laborer, and took education in Oslo. He rose in the hierarchy to become chief executive, except for a period between 1987 and 1990 when he tried to start ventures of his own in Ålesund. [2] Ekornes was a member of the central board of the Conservative Party until 2006.
King's Department Stores was a chain of discount stores in the Eastern United States. The chain started in 1956, in Brockton, Massachusetts. They expanded to 187 stores (three stores operated in the Buffalo, New York area [1]). [2] In 1978, they purchased the bankrupt Mammoth Mart chain. [2]