Home Textiles Today - February 24, 2003

Despite an across-the-board slide in same-store sales in all of its retailing units during the holiday season, Target Corp. managed a modest 4.4 percent increase in fourth-quarter profits, helped by a strong performance in its credit card business, where profits shot up by more than 40 percent.

• Business Today
• Cone Mills profit up 20.5% in 4th qtr.
• Quaker 4Q tails off
• No thaw for same-store in second week
• Penney pumps profits as catalog sales tumble
• International stokes WMT's growth fires

• Fabrics Today
• Quaker looks for longer global reach
• Swatches
• Stanley King goes out on his own note

• News
• Merchants hope for sales avalanche
• CMI updates p-o-p kit
• 828 seeks success in island styles
• Wilansky sees spin-off in Filene's B'ment future
• Worldwide sourcing will produce gold
• Ireland sees green with new home corp.
• Searching for the softest towel
• Home Depot airs ads in Grammys
• Roman sees no changes at Revman
• International, P'tex cuddle with blanket, throw biz
• Target getting into Wal-Mart's game?
• Gladstone heads HFPA honorees
• Chief vows sales gain is job 'number one'
• Suppliers license in-house brands
• High-speed connection for Horchow.com
• Debbie Mumm teams with PHI

• Opinion Today
• Global piracy, domestic fraud
• Micro-marketing

• People Today
• Big Lots names svp, cio
• Kohl's taps new chairman
• Eber promoted at Karen Neuburger
• WPS names new legal counsel
• Design director debuts at Waverly Lifestyle
• Hellenic selects vp to manage sales team
• ShopKo chooses Bolstad to lead store ops, logistics