Home Textiles Today - June 17, 2002

For a year that was replete with retail bankruptcies, particularly in the specialty and independent retail channels, and a considerable slowdown in consumer traffic, the area and accent rug industry fared modestly well in 2001 with $4.5 billion in sales — a 2.3 percent gain in sales over 2000. The findings are the result of "The Facts: Accent & Area Rugs," an annual survey — for...

• Business Today
• Home sales pick up despite below-par May
• Same-store sales heat up in June
• Manufacturing sector sees continued growth
• LNT takes stock in stronger rating
• Cotton prices low, for now

• News
• Pierre Deux waves flag at new store
• P'tex pins turnaround on Perdue
• Terrisol creates new showroom
• Major mill 'livens' up color palette
• Retail briefs
• Louis de Poortere buys back Colourhouse
• Stein Mart grows conservatively
• Sonoma catalog evolves
• Windham inks deal with Tabletops Unlimited
• Kmart feels sting of $1.45B loss in 1Q
• West Coast labor strife threatens shipments

• Opinion Today
• Pulp friction
• Tunnel vision

• People Today
• Cecil Saydah buys out Louisville biz
• Verdisco to retire from IMRA
• Saks adds Schutte as svp, stores at Proffitt's
• Bacova shifts HQ
• Nordstrom, Smith out at dot-com
• BSN names Oliver ceo
• Home Depot taps new regional mgr., Quebec

• Quarterly Results
• Culp hit hard by restructuring costs

• Special Report
• Import Update
• Top 10 textiles importers exceed $4 billion mark
• Numbers 2000
• Bath products sales slip slightly in '01
• Bedding sales up, dollars down in '01
• Window suppliers see shift at retail
• Table linen sales flat
• Kitchen sales status quo