Home Textiles Today - March 3, 2003

Hammered by winter storms that swept across much of the nation, shutting in consumers and shutting down malls, same-store retail sales staggered down by 2.6 percent during the third week of February, with full-price department stores especially hard hit, according to the Redbook Retail Sales Average.

• Business Today
• Dan River to up spending
• Confidence levels slump to 10-year low
• Federated ups income, guidance
• Lowe's profit up 46.2% in 4Q
• TJX Cos. brings sales up, but profit slips in 4Q
• Home Depot leaks sales, profit in 4Q

• News
• Williams-Sonoma multi-brands
• Mark Grand joins PHI
• A foundering Spiegel races for life
• Federated to heat up Atlanta market
• Lowe's hunts major markets
• Owen finds Springs in its step
• Sure Fit hires sales vp, marketing director
• Home businesses shine to the Maxx
• Free-thinking, flexible Pier 1 on fast-track
• LNT won't play down
• Kaltex deal will alter Revman biz
• Down Lite in Biltmore estate license
• Home Depot digs in
• Throws a new pitch for Croscill

• Opinion Today
• Virtual hide 'n seek
• Upping the ante

• People Today
• Brunton names Sloane vp
• New president picked at Peacock Alley
• FIT awards set for April
• ShopKo exec promoted
• Kea Capel starts own company
• Lundgren ascends

• Special Report
• 2003 Market Basket Report
• Retailers goose opening prices

• The Facts
• Kitchen Textiles
• Multi-packs push towels; soak up kitchen textiles sales
• Table Linens
• Growing sales grace table linens as retail market share shifts