November 18, 1998 |
Also planning to expand--although it opened only this month--is Schiavello USA, the new domestic distributor for the Australia-based office furniture company. Having claimed exclusive rights to sell the ergonomically correct furniture in the United States, Van Jacobsen and Judy Witt have opened their first showroom in Newport Beach. The sleek furnishings include adjustable "desking systems," all of which have work surfaces that can be raised or lowered.
August 21, 1998
Brea-based Krause's Furniture, a manufacturer and retailer of custom-crafted furniture, reported that it narrowed its losses in the second fiscal quarter while sales rose 12%. The company said it lost $1.9 million, or 8 cents a share, in the three months ended Aug. 2, compared with $3 million, or 16 cents a share, for the same period last year. Sales rose to $31.1 million from $27.8 million. For the first six months, the company posted a net loss of $3.