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Latest News

  • 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.

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Top 50 Retailing Giants

Top 50 Retail Giants

Movers and shakers. Trendsetters and up-and-comers. That's what you’ll find in the 2014 H&TT Retailing Giants Issue. Read Now. Sponsored by Divatex.

Tex Genius Contest

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The world’s first Tex Genius competition, to identify the next great home textiles product based on innovation, technology and design, is now down to the final five finalists. Vote Now for the winner!

BLOGS

  • Warren Shoulberg

    Home Alone 3

    Warren Shoulberg

    August 19, 2014

    King Cotton…again

    “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 ...

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  • Cecile Corral

    On The Beat

    Cecile Corral

    August 19, 2014

    Men on a Mission

    After 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 ...

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  • Jennifer Marks

    The Thread

    Jennifer Marks

    August 19, 2014

    The New Competition

    Walking 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 ...

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  • Warren Shoulberg

    Home Alone 3

    Warren Shoulberg

    August 11, 2014

    Is the Bottom Falling Out Of the Bottom?

    We 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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