Online Moves From Afterthought To Main Thought For Textiles Suppliers
NEWS FROM THE WEB
Sears Holdings says store closing report inaccurate
New York – The Associated Press says Sears Holdings sent it an email disputing Seeking Alpha’s report that it plans to close roughly 100 stores, some of them before Christmas. However, the company would not offer details, according to AP.
Bon-Ton to open on Thanksgiving
Milwaukee – The Bon-Ton Stores will kick off the holiday selling season by opening at 6 p.m. on Thanksgiving. The Turkey Day treats will include more than 600 door-buster deals as well as free gift cards for the first 200 people entering the store.
HSN kicking off holiday season in early November
St. Petersburg, Fla. – Multi-channel retailer HSN is upping the holiday ante with hosting not one but four Black Fridays next month, beginning Friday, Nov. 7 and following up Nov. 14 and Nov. 21 ahead of the real Black Friday on Nov. 28.
NY Now expands Javits footprint
White Plains, N.Y. – NY Now’s winter edition will take more space at the Jacob Javits Center to accommodate exhibitors that normally would have shown at Pier 94. Fair organizer Emerald Expositions expects attendees from all 50 U.S. states and more than 80 countries worldwide to shop from 100,000 products in over 400 categories.
Cotton price 63 cents
New York – Yesterday’s end-of-day price on Cotton #2 futures for December contracts was 63 cents. The price on March contracts was 62 cents.
Newell Rubbermaid completes bubba brands deal
Atlanta – Newell Rubbermaid has finalized its acquisition of beverage container maker bubba brands, a subsidiary of In Zone Holdings, for $83 million.
New Meijer brand K-Cup packs now available at Meijer Stores
Waterbury, Vt. – Keurig Green Mountain has announced that it is now the exclusive manufacturer of Meijer brand K-Cup packs for the Keurig hot brewing system.
Anchor Hocking adds to Fire King line
Lancaster, Ohio – Anchor Hocking has expanded the Fire King product offering from Baked. The new additions include a two-cup measuring cup, a 9.5-inch Pie Plate, five-ounce measuring glass and four-piece bake set with bonus.
- Target bouncing back into Manhattan – sort of
- JCPenney home gaining back ground
- Is the Bottom Falling Out Of the Bottom?
- NRF: Holiday shoppers to up their gift giving
- NPD: Consumers waiting till Thanksgiving for holiday shopping
- Wal-Mart Stores to step up ecomm investments
- Players Guide to Utility Bedding
- George Foreman makes another comeback
- Peacock Alley lands new AmericasMart home for markets this summer
- Tough environment pinches Wal-Mart results
- Home Depot exec becoming new JCPenney ceo
- Container Store ceo pens first book
NY Market Videos
Top 50 Retailing Giants
October 20, 2014While traditional retailers of home furnishings are still trying to figure out how to woo the Millennial shopper without alienating her mother, Anthropologie is preparing to make a major run at the business. Think of it as Pottery Barn for Millennials – plus clothing. How serious is this effort? Very. Executives from parent company Urban Outfitters Inc. last month said the nameplate will cut apparel from 71% of the assortment to 53% to blow out its home assortment, which now accounts for just 17% of sales. The company is also preparing to roll out new larger format stores, which at 30 ...
Home Alone 3
October 20, 2014With all due respect to Benjamin Braddock in “The Graduate,” I have just one word for you…at least when it comes to retail ceos these days: operations. If you’re looking for the common denominator in the latest round of big-time retail executive appointments, it’s that virtually every one of these guys – and they are all guys – comes from the operations side of the business. Not one is really a merchant. The de-merchandising of the corner office at American retailing is nothing new. We’ve seen this gain traction for years, but up until very recently it was ...
On The Beat
October 20, 2014OK, I’m confused…Have all of the holidays in the fourth quarter become one single event? Almost everywhere I go I see black Styrofoam tombstones merchandised alongside pumpkin-scented candles one aisle down from candy-striped tablecloths. Store soundtracks are equally confusing – Monster Mash followed by Vince Guaraldi’s jazz rendition of “Greensleeves” with the Peanuts gang. And then last week, Macy’s announced its plans to open its doors earlier than ever on Thanksgiving Day – 6 p.m. compared to last year’s 8 p.m. No wonder so many people plan to shop online. Don’t take it from ...
October 8, 2014Was it really just three weeks ago? The New York Home Fashions Market was hopping and remarkably gripe-free. Showrooms were slammed Monday and Tuesday, and many suppliers I spoke with had at least one or two weekend appointments, as well as a few early drop-ins the Friday before the official kick-off. Bed Bath & Beyond was like the thousand-headed snake god. Everywhere I went a BBB team seemed either to have just left or was expected to soon arrive. Despite the oft-noted softness in the middle market tier of retailers, suppliers continue to design largely for the middle and up. And ...
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November 8, 2014 - November 11, 2014
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