New York – Macy's today debuted its new off-price retail brand, Macy's Backstage, with the simultaneous opening of three stores in the New York City metro area – Brooklyn’s Sheepshead Bay, Queens’ Elmhurst neighborhood and Melville, Long Island. More ...
Live from Intertextile Shanghai Home: Day 3
NEWS FROM THE WEB
Our Top 5 Reads of the Week
It’s finally here – Macy’s new Backstage off-price format. Dollar Tree is looking to leverage its size to get better deals from vendors. An Anheuser-Busch scion opens a home boutique in Florida. Uniqlo’s planning a massive store in Chicago. Belk’s buyer: No drastic changes coming.
Happy Labor Day Weekend
New York – H&TT’s offices will be closed on Monday, Sept.7 in observance of the Labor Day Holiday. We wish all our readers a happy holiday weekend.
Cotton price 63 cents
New York – Thursday’s end-of-day price on Cotton #2 futures for October contracts was 63 cents. The price on December contracts was also 63 cents.
American Made Show returning to Dallas in January
The American Made Show will return to Dallas Jan. 21-24, 2016 as part of the Dallas Total Home & Gift Market.
Dollar Tree to leverage buying org to squeeze costs
Chesapeake, Va. – As all companies do after making an acquisition, Dollar Tree is already working to wrest better deals from vendors following its acquisition of Family Dollar.
Home furnishings among better performers for Costco in August
Issaquah, Wash. – Blaming a later Labor Day holiday this year versus 2014, warehouse club chain Costco Wholesale Corp. suffered a slight drop in net sales in August but kept comps up for the month.
Stein Mart clunked by calendar change
Jacksonville, Fla. – A later Labor Day holiday this year hurt Stein Mart in August, causing declines in both sales and comps.
Fred’s strong August aided by domestics
Memphis – Several general merchandise categories, including domestics, as well as its pharmacy business helped Fred’s Inc. reach its sales and comp expectations in August.
- WestPoint Home debuting Dena
- Lenzing opens new customer service center in Asia
- Feizy in search of interior designer partners for Haute Trends
- Database: Sheets 2015
- Database: Top-of-bed linens for 2015
- Putting Together the Utility Bedding Puzzle
- Home furnishings among better performers for Costco in August
- Stein Mart clunked by calendar change
- Big Lots: ‘We don’t buy ugly anymore’
- Sinomax USA taps industry vet O’Connell for marketing, merchandising
- BJ’s names new president
- Hacker joins Soft-Tex
Utility Bedding 2015
Don't you wish there was a simple guide to all the key utility bedding suppliers in the business? Now there is! Click here to view H&TT's Players Guide to Utility Bedding.
On The Beat
September 3, 2015The September edition of the New York Home Fashions Market is a favorite for many because it catches the city at one of its most amiable times of year. Autumn has just begun, bidding bonjour to pleasant temperatures and adieu to summer’s heat. Men can still get away with light, summer jackets by day and ladies can pair cardigans with strappy sandals. And then there are the many special events, exhibits and shows the season offers to out-of-towners once the showroom lights go dim. Marking a new tradition for my blog, here is my second annual “Things to Do ...
Home Alone 3
August 24, 2015As Intertextile Shanghai Home Textiles – the biggest home textiles trade fair in Asia -- opens this week, there will be one very hot new topic of conversation, in addition to the usual discussions about fashion, design and shipping logistics. With the recent devaluation of the Chinese yuan earlier this month, the dynamics of sourcing home textiles products out of China and everywhere else in Asia have taken a dramatic turn. Within the span of a few days, the cost of Chinese-made sheets, bedding, towels, rugs, curtains and fabrics have decreased versus what they were earlier this year. It’s big news ...
August 24, 2015I was talking about consumer trends last week with the president of WSL Strategic Retail, Candace Corlett, when she laid a surprising statistic on me. Here it is: 70% of U.S. households today are adult-only. Who knew? Those households are made up of aging Boomers, unmarried Millennial couples and roommate groups, singles (some of them divorced) and couples who have so far put off having children, Corlett told me. “It has changed the composition of society,” she said. There’s also a caveat. Overall, there is a greater number of households with children than there was 40 years ago ...
August 10, 2015One Saturday last spring, I was standing in line at a check-out counter in the Macy’s women’s department at my local mall. As the wait went on, I took a sweater out of my little bundle and put it back on the display table. The woman in line behind me said: “That’s how it is when you have to wait — you start putting things back. Unless you’re at HomeGoods — then you start picking more things up!” That unsolicited endorsement came to mind when reviewing this year’s H&TT Retailing Giants report on the Top 50 ...
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- ABC Kids Expo
September 7, 2015 - September 10, 2015
Las Vegas Convention Center
Las Vegas, NV, US
- China (Shanghai) International Furniture Expo
September 9, 2015 - September 12, 2015
Shanghai New International Expo Centre
September 9, 2015 - February 13, 2015