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Seasonal shift lifts comps

New York – As consumers prepared for Thanksgiving and started their holiday shopping, same-store sales during the third week of November rose 2.8% compared to a year ago, the Johnson Redbook reported today.

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Kohl’s Has Home Top of Mind in 2010
Menomonee Falls, Wis.-Home is an area of focus today and going forward at Kohl's as the mid-tier department store chain looks to increase brand offerings in the category as well as revamp the in-store presentation and expand the depth of its assortment online. During its third-quarter earnings call last week, chairman, president and ceo Kevin Mansell outlined the initiatives in the ...

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  • NYIGF to showcase sustainable wares, green seminars
    White Plains, N.Y. – The New York International Gift Fair’s eco-focused exhibit will expand during the January show to 220 products.
  • Capel to unveil a number of new collections in January
    Troy, N.C. – Fourth-generation, family-owned Capel Rugs is gearing up for the coming January markets with what the company described as “an unprecedented” number of new collections positioned to appeal to a broad range of customers.
  • Biltmore adds new rugs, textiles to licensed program at Atlanta markets
    Asheville, N.C. – Biltmore's licensing division, specializing in products inspired by the historic Biltmore House and gardens here, will be showing several collections of new products – including decorative home textiles – in January during the concurring Atlanta International Gift and Home Furnishings Market and the Atlanta International Area Rug Market.
  • Springs Global swings to a 3Q profit
    Sao Paulo, Brazil – Despite double-digit sales declines in three out of five product divisions, Springs Global reported a profit of 14.2 million Reais, or roughly $8.18 million US, compared to a net loss of 56.8 Reais in last year’s third quarter.
  • Fred’s 3Q sales grow slightly, profit drops
    Memphis – As Fred's Inc. works to rebrand itself and revamp some of its key units to better drive traffic, the discount retailer saw its total sales slightly increase but net income drop 17% during the third quarter.

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October 26, 2009
Summing Up High Point
In reviewing my notes and observations, these developments stand out: Interior des...
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Avanti Linens Celebrates Collection
Avanti Linens celebrated its new licensed collection with Lolita during market with a cocktail party furnished with the designer's own barware, featuring her brightly painted designs and her recipes for varied drinks scrolled under the base of each glass.

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