Menomonee Falls, Wis. – Improvements in home and kids as well as a strong kick-off to the back-to-school/campus season did much to lift Kohl’s Corp. in its second quarter, and the department store chain is building on improving trends with efforts this fall in preparation for the holiday season. More ...
H&TTtv Talks Outdoor Rugs
NEWS FROM THE WEB
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.
Burlington raises comp guidance, looks to refi debt
Burlington, N.J. – Burlington Stores has launched a debt refinancing transaction and notched up its expectations for 2Q same-store sales.
Comps cool as heat rises
New York – Hindered by high temps and last-minute shopping trends, comps disappointed in the second week of August, increasing 3.7% last week following a 4.8% gain in the prior week, said the Johnson Redbook Retail Sales Index.
Party time at 230 Fifth
New York – Showroom building 230 Fifth Avenue celebrated its luxury linens floor yesterday evening with a party in conjunction with NY Now and textiles week.
IMC taps Onou Gilberg to head temporizes for Vegas Market
Las Vegas – International Market Centers has appointed industry veteran Priscila Onou Gilburg to manage and oversee the expansion of temporary exhibitors in the gift and lifestyle segments at Las Vegas Market, effective Sept. 1.
New digital design publication debuts next month
Greensboro, N.C. – H&TT sister publication Furniture Today is launching Design Today , the first ever B-to-B digital design publication.
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- 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
- TJX sees silver lining in Q2
- Burlington raises comp guidance, looks to refi debt
- Cotton price 63 cents
- Party time at 230 Fifth
- IMC taps Onou Gilberg to head temporizes for Vegas Market
- Kohl’s sees uptick in Q2
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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 ...
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