Home Textiles Today - May 17, 2004

Federated Department Store's newly formed Macy's Home Store, based here, recently decided to wait an extra eight months to consolidate and structure its area rug division. The area rug division is the only home store division that has been delayed for consolidation, said Ronnie Taffet, vice president, public relations, Federated Corporate Marketing.

• Business Today
• Federated doubles profits
• Dillard's doubles profits
• Target profits score 25 percent increase
• Costs bring Kohl's down to Earth
• Small profit a big swing for Hanover
• Sales shrink WPS loss
• Car sales put the brakes on retail numbers
• May has strong Jan., Feb. & March
• Wal-Mart profits up 16 percent
• Same-store sales reach target

• News
• Domay gets new digs
• Target plans for slowdown of deflation
• Penney to discuss quotas
• IKEA aims at college students with 'Freshman Fifteen'
• Cotton issues CD-ROM
• Macy's Home shift will hit in '05
• Less is more for Jo-Ann Inc.
• Dwell launches modern baby line
• Retail briefs
• NTA fighting on multiple fronts
• Taking stock at Dan River
• Stanton finds new places for 'Anywhere'
• Elrene expands Adler
• Sears expanding in Grand style

• Opinion Today
• Class acts
• Hitting bottom

• People Today
• Seven execs tapped for Invista Interiors leadership
• DG names new CFO
• Nourison appoints Kinsey
• Edwards leaves Jo-Ann

• Special Report
• Bath and Bath Accessories Report
• For a battered segment, breaking even is a victory