International Developments - China | Home Textiles Today
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. More
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. More
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. More
Rosemont, Ill. – The 2015 International Home + Housewares Show is over 90% sold out, according to the International Housewares Association, the show’s owner and operator. The 2015 show runs from March 7-10. More
Frankfurt, Germany--Modenus, a design resource with an international blogger network, has teamed up with Ambiente to reach out to the North American design and blog community. The United States is the official partner country for the 2015 show, which runs from Feb. 13-17. More
Hoffman Estates, Ill. – Sears Holdings is preparing to lay off more than 5,000 workers and shutter multiple locations by the end of January, according to a report from Seeking Alpha. More
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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 ...
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November 8, 2014 - November 11, 2014
New York, NY