Home Textiles Today - February 12, 2001

DANVILLE, VA -With its sales under plan in a weak retail environment, putting margins under enormous pressure, Dan River Inc. hoisted a yellow caution flag last week, warning Wall St. and investors that it will post a fourth-quarter loss of eight to 11 cents per share instead of the profit it had earlier forecast.

• Business Today
• Guilford loses $5.2 million in 1Q
• The top and the bottom
• Chains see same-store sales rebound slightly
• January Sales For Major Retailers

• News
• Gribetz back at Bloomies
• WestPoint feels squeeze in 4Q
• Lowe's to hit Boston area with 25 units
• Burlington sells tufted rug facility
• Nachemin new Domestications vp, merch.
• Scala broadens line to please buyers
• Guilford bunks down with Jockey license
• Arley adds PFI bedding
• Industry feels impact of retail shakedown
• iHome set to buy Strouds for $38M
• Burlington to build Montreal DC
• Mohawk raises caution flag on heels of 4Q loss
• Stern's closing puts focus on Macy's, Bloomies
• WestPoint cuts production at 3 plants
• Joel Mintz, 59, remembered
• Sunbeam claims 'business as usual'
• Joseph Abboud's spring beds
• Abboud home charts new course
• Colonial Williamsburg catalog has new items

• Opinion Today
• Plugging away
• Bigger is better

• People Today
• Comfortex to get software support
• Luxury website selects Wambach as new ceo
• Lowe's appoints two to board of directors
• VKO taps Friedman
• Brazelle new head at Leigh Fibers
• May Stores loses board member

• The Facts: Kitchen Textiles
• Kitchen textile suppliers look to imports for cost advantages

• The Facts: Table Linens
• Place mats, tablecloths battle for dominant share of market