Home Textiles Today - May 26, 2003

Same-store retail sales remained soft and spongy during the second week of May, thinning out slightly further from an already emaciated performance during the prior week, the Redbook Retail Sales Average reported. Same-store sales inched up by just 0.3 percent, weakening from the modestly stronger prior-week performance of a 0.

• Business Today
• Dillard's pushes profit up in 1Q
• Cotton prices forecast higher as demand swells
• Ross Stores rides expansion in 1Q
• Jo-Ann profit sliced in first quarter
• ShopKo posts $1.1 million Q1 loss
• Hancock boosts sales, profits in 1Q
• Hanover records small profit, higher margins
• Saks profit undercut by weak sales, costs
• Falling sales pressure Stein Mart profit

• News
• Retail briefs
• Universal Home aiming at value market
• For the record
• This time it's over: Strouds to liquidate
• Stanton adds to customer service dept.
• New top brass at PCF
• Hellenic names Roan vp
• Federated pulls it together
• IMRA promotes Gold to vp, Wood to senior vp
• AIpek Tul opens U.S. office
• Target 'Premieres' 300-ct program
• Rudi enters the dec pillow category
• Rugs receive major play at furniture fair
• Mount Vernon shifts LaFrance south
• Turks worried about U.S. biz, SARS impact
• Target's new Target is unveiled
• ll-Turkish show slated for New York
• American Textile opens new HQ/DC
• ICFF veers toward mainstream
• Sources show suppliers get exposure
• Martha hints at bedding license

• Opinion Today
• Showing up and showing off
• A bigger neighborhood

• The Facts
• Bath Products
• In bath, it's not easy being (solid) green, or blue, or red