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Cunninghams Reacquire Napa Assets



PRESS RELEASE

Cunninghams reacquire Napa Home & Garden assets with help of new partner


Couple will continue current Napa business operations and launch new showrooms

 

 

 

 

 


January 4, 2013, Duluth, GA --

Jerry and KC Cunningham, founders of Napa Home & Garden, have acquired the assets of the Napa business from Teters Floral Products this week. As part of this transaction, the Cunninghams have partnered with C & F Enterprises, Inc., a leading textile and gift wholesaler, who will lend financial and operational support to Napa. Napa will continue to run its home and garden business from their Duluth, GA, headquarters and maintain their national showrooms and sales force.



In addition, Napa Home & Garden has announced it is moving to a new and larger showroom at AmericasMart Atlanta. The company will premier their new space in Building 2, 1210, at the upcoming Atlanta winter market, January 8-16. The company also announced it will open a new permanent showroom in Las Vegas and continue to maintain its existing showrooms in Dallas and High Point.



“KC and I are very excited about resuming control of the company we started,” said Jerry Cunningham, Napa Home & Garden CEO. “We will be installing new, state of the art systems, expanding inventory levels and improving fill rates.” Cunningham also stated that Napa will utilize the large C & F warehouse facility in Newport News, Virginia, and be ready to fill orders in late January. “Napa will again be a family-run business, but with more show space, more products and better systems than we have ever had.”

“The mission and the values of Napa are the same as ours,” states James Fang, Executive Vice President of C & F Enterprises, Inc. “We see a great future for Napa, with expanded growth, more innovation and irresistible product offerings.”



“We’re also very excited to premier our new Napa showroom in Atlanta,” says KC Cunningham, Napa President and Creative Director. “Buyers will now find us right at the bridge linking buildings 1 and 2 in AmericasMart. It is a fabulous location with lots of visibility.” Napa will be introducing over 400 new introductions in Atlanta and other showrooms, including products that evoke the “elegantly casual lifestyle of Napa Valley.”



“We encourage all buyers to see why Napa is bigger and better,” says Jerry Cunningham, “and to come celebrate our new space with us.” Napa is having a Showroom Celebration party at their new showroom, AmericasMart, Building 2, 1210, on Saturday, January 12, 5pm to 8pm. Buyers can also enter a drawing to win numerous $500 merchandise credit prizes at the party.

 




Cunninghams Reacquire Napa Assets



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