LNT progressing in textiles

CLIFTON, N.J. — The textiles business at Linens 'n Things improved during the fourth quarter, although there remains room for improvement, executives said.

"There's momentum in that business," Bill Giles, executive vice president and chief financial officer, said during a conference call Wednesday to discuss the chain's quarterly results. "There's more freshness in the category, and more excitement overall inside the store."

Two hundred stores now participate in LNT's store-ownership program — which gives store managers authority over portions of merchandising — and they outperform the others in the chain, Giles said. LNT plans to expand that program this year.

Home & Textiles Today Staff | News & Commentary

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See the September 2017 issue of Home & Textiles Today. In this issue, we look at the Attack of the Killer Third Tier: Monster off-pricers are climbing to the top of the food chain, plus New Products: 40 pages of new products debuting at the New York Home Fashions Market; Home Stores: TJX unveils first U.S. HomeSense store; Clicks to Bricks: Boll & Branch moves from digital to physical retailing; and much more... See details!