Home Textiles Today - August 27, 2001

Hispanics have become more and more of a force over the past few years, and several retailers have already searched out ways to specifically target this group — a smart move since Hispanics control some 6.4% of U.S. buying power with a disposable income of $452.4 billion.

• Business Today
• Dept. stores provide unexpected lift
• Kohl's sees 2Q profits jump 34%
• Target, Mervyn's drive 2Q profits up by 5%
• Hancock succeeds by breaking even
• Skus slashed, Jo-Ann still reels
• Kmart overhaul stems earnings woes

• Fabrics Today
• Calico shifts merchandising
• Bolick joins Valdese
• Ashley gets in dec. fabrics

• News
• New-look HomeBase gets new president, coo
• Retail briefs
• Fashion Industries to ramp up rugs
• Elder-Beerman ceo to retire at yearend
• John Peterman is back to move catalog forward
• Gloria plans return to textiles biz
• Ames files for Ch. 11 protection
• Sears unveils 'brand' new marketing tact
• House of Hatten adds Whiteaker art
• New Ralph beds grow home mix
• Burlington's Milstein dead at 72
• Croscill mixes 'brand' new formula
• Sunham stays the course with quilts
• Hilasal towels to hang in bath soon
• Letters to the editor
• Target dares to compare prices
• Clarification
• Kohl's stock recommended

• Opinion Today
• The big squeeze
• How it's done