Home Textiles Today - May 5, 2008

The other shoe finally dropped last Friday, and industry suppliers are now preparing to open up shipping lanes to Linens 'n Things as soon as they clarify the retailer's debtor-in-possession financing. LNT, the nation's second largest specialty retailer of home textiles with $2.8 billion in sales and 589 stores, filed for Chapter 11 bankruptcy protection, in the process replaci...

• Business Today
• Price Competition Undercuts Comps
• Tax Rebates Could Yield $42 Billion Retail Boost
• Consumer Confidence Further Deteriorates
• Textiles Weaken at Tuesday Morning
• Reducing Catalogs to Aid Standalone HSN

• News
• Big Lots Slams Home Textiles Sameness
• Greenweave Earns Eco-certification
• Martha Stewart Narrows Quarterly Loss
• Home Depot to Ease Growth, Spending
• Kohl's Promotes Exclusive Brands
• Dan River Bankruptcy: Global Aftermath
• Target Lures Seasonal Shoppers with Whim
• Area Rug Makers Meet the Challenge
• Retail Briefs
• Valdese Weavers Names Earles, Walters to New Posts
• Winter Las Vegas Dates Shift
• Smaller RVI Turns Profit
• Pet Goods Provide Expanding Niche
• Egyptian Pavilion Set for Global Home Textiles
• ITM Launches Braided Rugs
• Harounian Expands Green Label Rugs
• Global Home Show Set for Vegas
• IFDA 'Green Design' Seminar Set
• Luxury Bedding to Debut from Vera Wang
• Vendors Extend Hospitality
• Iconix Profits Up, Launches China Venture
• EWHT Sponsors Panel
• Natco Expands Domestic Rug Production
• Window Treatment Suppliers Retrench
• Home Missing as Wal-Mart Gains
• JCP Sees Tax Rebate Lifting Back to School Sales
• Plushest Pet Beds Prevail
• Roubini Rugs Offers Fornasetti Line

• Opinion Today
• Going to the Dogs
• Hospitality Segment Beckons

• People Today
• LNT Sheds a Director
• Wal-Mart Alters Board
• Designer Riviera Teams with Portico
• JanelleStyle Retains Jenkins for Sales
• Couristan Pro Sindoni Dies
• 828 International Promotes DeLettera
• Levinsohn Adds Parrish as Sales VP