Home Textiles Today - March 12, 2001
Features
Target Corp. gets lift from Mervyn's
MINNEAPOLIS -Lifted by a predictably strong performance in its core Target Stores and an unexpectedly strong earnings gain at Mervyn's, Target Corp. pushed fourth-quarter profits before one-time items up by 5.9 percent, to $552 million from $522 million last year.Net income rose at a somewhat faster pace, by 11.
- Business Today
- BJ's increases 4Q profits by 15%
- Sears completes sale of $600 million in securities
- American factory orders hit two-year low
- February retail sales fall short
- Job-cut plans at 10-year high
- Purchasing index hints worst is over
- Ames gets new $800 million in new financing
- Business Briefs
- Hancock Fabrics increases cash dividend
- Stein Mart continues stock buy-back program
- News
- Comfortex shades offer added seal
- HFPA meeting rescheduled
- KoSa ups prices 5% to 10%
- Best Brands to make Sad Sam line
- Consolidated makes 'Big' name change
- American Textile expands Aller-Ease Cotton line
- WestPoint taps new execs
- Kohl's tries new home in Atlanta
- SPELA set for April
- Silverstein takes reins as LNT pres.
- Albany adds Italian plant for PrimaLoft
- Great Indoors bows website
- Belk to grow, update stores in 2001
- Anichini shows off with new boutique
- Sheridan Australia has impact on U.S.
- Eddie Bauer Home plans new stores, catalog growth
- Superior adds luxury to blinds
- Dan River adds 'Bob' license
- Ross Stores hits Atlanta market with two units
- Gold Coast hopes to strike it rich selling direct
- Cone Mills enlists JP Morgan
- ASTM course readied
- Georgia Tufters on Target
- Cotton Inc. links with Federated Charter Club
- Kmart begins Martha Pima cotton program
- Comfortex, LTL partner in wood alloy program
- Target grabs 35 Wards locations in key markets
- Opinion Today
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