Retail Observer

July 2018

The Retail Observer is an industry leading magazine for INDEPENDENT RETAILERS in Major Appliances, Consumer Electronics and Home Furnishings

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JULY 2018 RETAILOBSERVER.COM 43 center and in High Point, through the acquisition/construction of two buildings and the extensive renovation of common areas throughout the campus. "This announcement to combine with AmericasMart coupled with our continued investment in High Point and Las Vegas demonstrates our enthusiasm about the expansion of our core business and our optimism for the future of Markets for the furniture, home decor, gift and apparel industries," said Robert Maricich, chief executive officer of IMC. The transaction is expected to close in third quarter of 2018. LAS VEGAS DESIGN CENTER SPOTLIGHTS TOP KITCHEN & BATH BRANDS Leading designers creating integrated lifestyle vignettes for Summer Market Las Vegas Design Center ( LVDC ) announced that four Las Vegas-based design leaders known for innovative local and national design will create a 6,000-square-foot integrated kitchen and bath lifestyle showroom that will debut at the Summer 2018 Las Vegas Market. The vignettes, featuring many of the top brands in the industry, will remain open year-round to serve as an inspirational showcase for the kitchen and bath category. Kitchens and bathrooms are two of the most important rooms in the home, and their remodeling alone represents a $ 31 billion annual industry, according to the National Kitchen & Bath Association's (NKBA) 2018 Size of the Industry Report. "With homeowners annually remodeling upwards of 1.8 million kitchens and 2.5 million bathrooms, and new home construction adding roughly 1.2 million kitchens and 2.8 million bathrooms to the marketplace, this is an industry segment designers can't afford to miss," said Lee Hershberg, vice president, Home Décor Leasing & Las Vegas Design Center. "Las Vegas Design Center serves as a year-round resource for designers and their customers to shop and source leading national brands, and this new kitchen and bath presentation will spotlight the best brands available, creating both an aspirational 'I want that! ' experience for consumers and homeowners, along with concurrent industry buzz among the local and regional design trade." The four lifestyle vignettes debuting at the Summer Market are being created by leading Las Vegas-based interior designers – Jill Abelman, Andrea Miranda-Hall, Peggy Scinta, Cary Vogel, and Lance Robins – all of whom are known as innovators on the local, regional, and national level. The initial displays will remain in place for two years, featuring major national brands and trend-forward products available through local and regional Las Vegas-area distributors. The vignettes will be re-imagined every two years to provide a continually- fresh perspective and to give additional designers, innovators, distributors, and brands the opportunity to participate. Acoustic Design Systems will provide audio & video technology throughout the space, and European Bath, Kitchen, Tile & Stone will supply materials and fixtures for the common areas and across each showcase. Each designer is crafting a complete lifestyle encounter with products from national leading brands to provide ideas and inspiration to designers and consumers. The display by Jill Abelman will feature: All About You Custom Cabinetry; Arteriors; Currey and Company; European Bath, Kitchen, Tile & Stone; and Tuscany Collection. The vignette by Andrea Miranda-Hall will include: Acoustic Design Systems; European Bath, Kitchen, Tile & Stone; Ravenna; Luna Bella; Monark; Prosource; USI /Silverstate; and Walker Zanger. The creation by Peggy Scinta will include: Acoustic Design Systems; All About You Custom Cabinetry; Currey and Company; European Bath, Kitchen, Tile & Stone; Feizy; Kravet; Tuscany; USI Silver State; Vanguard Furniture; and Urban Chic. The concept by Cary Vogel and Lance Robins will include: Currey and Company; Desert Eagle Stone; European Bath, Kitchen, Tile & Stone; Stone Forest; Brizio; Infinite Trend; Monark; ILVE; Wolf/Sub Zero; Vanguard Furniture; and Walker Zanger. For more information, visit www.lasvegasmarket.com. RO

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