@Strawman and @mikebrisy, great discussion. For the first time in a while a retail company is looking bloody attractive to me. The 'bigger picture' and the way Adairs Limited are going about their business reminds me a lot of Aussie Broadband - perhaps not a great comparison - but they are starting to compliment their business with different segments to compliment what they already offer. Like you mention @mikebrisy. the addition of a mid to high tier furniture company is smart business, particularly noting what they have paid for it.

For what its worth, I have lived in a few states across/territories across the country and Focus on Furniture is and has been my go-to furniture store for years. I love their furniture. If you haven't tried their couches,.... seriously, you should try their couches.

Watching with interest.