Minneapolis – With a new ceo and new board members, ShopHQ parent Value Vision is on the hunt for a new chief merchant and brand exclusives as it plans to return to a 24-hour broadcasting schedule. More ...
H&TTtv Talks Outdoor Rugs
NEWS FROM THE WEB
Target to ramp up digital, intro 35K new products
Minneapolis – As it struggles to regain customer loyalty and redefine its uber-discounter identity, Target Corp. ended its promotion-heavy second quarter looking to return to more normal sale activity while boosting its digital efforts to recapture lost business and attract new and younger shoppers across all of its channels.
Target lowers fiscal year guidance
Minneapolis – Target has readjusted its guidance for the full year fiscal coming off a second quarter when the discounter continued to reel from the effects of its data breach.
Gordmans names 20-year retail vet Hall as new prez, ceo
Omaha, Neb. – Regional department store chain Gordmans Stores Inc. – which turns 100 years old in 2015 – has appointed Andrew T. Hall as the company’s president and chief executive officer, effective yesterday.
NRF: BTS/BTC shopping not over yet
Washington – The National Retail Federation has some good news and some bad news for retailers and suppliers who participate in back-to-school/college selling: the average family with children in grades K-12 completed just half (49.9%) of their shopping by mid-August, down slightly from last year (52.1%).
Cotton price 63 cents
New York – Tuesday’s end-of-day price on Cotton #2 futures for October contracts was 63 cents. The price on December contracts was 64 cents.
TJX sees silver lining in Q2
Framingham, Mass. – TJX Companies is encouraged by its improved performance in the second quarter – with HomeGoods among the highlights – and is turning its attention to building that momentum into the holiday season with several initiatives and a raised guidance.
TJX updates on e-commerce
Framingham, Mass. – As TJX gets ready to mark the first anniversary of its foray into ecommerce next month, the company noted revenue from online sales is still only a sliver of the total business.
Home Depot gets a lift from improved housing market
Atlanta – With demand from building contractors rising and consumers beginning to step up investment in their homes, Home Depot said it expects the pace of same-store sales to accelerate in the second half.
- JCPenney home gaining back ground
- Is the Bottom Falling Out Of the Bottom?
- Duking It Out For Market Share
- Players Guide to Utility Bedding
- George Foreman makes another comeback
- Peacock Alley lands new AmericasMart home for markets this summer
- Target opens doors later at most of its stores
- Walmart customers still shopping cautiously
- Stein Mart sees opportunity in metro areas
- Target to ramp up digital, intro 35K new products
- Target lowers fiscal year guidance
- Cotton price 63 cents
- ShopHQ looking for chief merch, proprietary brands
- Gordmans names 20-year retail vet Hall as new prez, ceo
- Party time at 230 Fifth
Top 50 Retailing Giants
Tex Genius Contest
Home Alone 3
August 19, 2014“I was influenced a lot by those around me - there was a lot of singing that went on in the cotton fields.” ----Willie Nelson Well, if they were singing back in the days when Willie was picking cotton, they’ve got be doing the Hallelujah Chorus these days. The price of cotton is down to about the lowest level it’s been since 2008 and it is settling into the historical range of cotton pricing for much of the decade before. Given the wild ride cotton prices have taken over the past few years, this is major news for the ...
On The Beat
August 19, 2014After 16 years of marriage, I can count on one hand, maybe two max, the number of times I’ve gone shopping – and I mean really shopping – with my husband, Oscar, in tow. And I include here the grocery store. But in recent months, I’ve noticed this start to change, thanks to our iPad and his new cell phone. Often when I think he is reading a book or the news on his mobile devices, I discover that he is actually comparison-shopping for something we need like a new refrigerator or – gasp – something simple that he just wants, like ...
August 19, 2014Walking around the NY Now show at the Javits this week, one can’t help wondering: How can there be so many companies in business that don’t live and die by selling container-loads of merchandise to Macy’s, Walmart and Bed Bath & Beyond? Yet, there they are. And two exhibitors worth noting: Etsy and The Grommet. Both are there this week debuting their services as wholesale providers. Etsy, founded in 2005, is an online direct-to-consumer seller of handmade, vintage and uniquely manufactured items. The Grommet, established in 2008, is a product launch platform for the Maker community. At NY ...
Home Alone 3
August 11, 2014We all know the economy is still not behaving the way we think it should, given the time and effort spent on the Great Recovery from the Great Recession. And while some can point to the upper end of business and declare everything OK, it’s at the other end of the spectrum where the most troubling news is. If you’re an economist — or can understand what in the world they are talking about — you know that all of the macro-numbers point to a lower-income consumer with less buying power and an increasingly dwindling share of disposable income. If ...
MOST VIEWED ARTICLES
- Intertextile Shanghai Home – Autumn Edition
August 27, 2014 - August 29, 2014
- ABC Kids Expo
September 7, 2014 - September 10, 2014
Las Vegas, Nevada
- Indigo Home Edition
September 9, 2014 - September 11, 2014