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Dillard's takes stake in ecommerce company
HTT Staff, February 1, 2012Little Rock, Ark. - Department store company Dillard's has invested $4.0 million in Acumen Brands, an ecommerce company that operates 12 niche online retailer sites, including fulfillment. More
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TJX names Goldenberg cfo
HTT Staff, February 1, 2012Framingham, Mass. - The TJX Companies Inc. has promoted Scott Goldenberg to cfo. He also retain his executive vp title. More
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Cotton price 93 cents
HTT Staff, February 1, 2012New York - Yesterday's end of day price on Cotton #2 futures for March contracts was 93 cents. The price on May contracts was 95 cents. More
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Early sales of spring merch aided comps
HTT Staff, January 31, 2012New York - Same-store sales rose 2.0% in the fourth and final week of January following a 2.5% gain in the previous week, according to The Johnson Redbook Retail Sales Index. More
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Cotton price 94 cents
HTT Staff, January 31, 2012New York - Yesterday's end of day price on Cotton #2 futures for March contracts was 94 cents. The price on May futures was 95 cents. More
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Cotton price 96 cents
Home Textiles Today Staff, January 30, 2012New York - Friday's end of day price on Cotton #2 futures for March contracts was 96 cents. The price on May futures was also 96 cents. More
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Cotton price 96 cents
HTT Staff, January 27, 2012New York - Yesterday's end of day price on Cotton #2 futures for March contracts was 96 cents. The price on May futures was also 96 cents. More
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Cotton price
HTT Staff, January 26, 2012New York - Yesterday's end of day price for Cotton #2 futures for March contracts was 97 cents. The price for May contracts was also 97 cents. More
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JCP to cut $900 million, ‘self fund" transformation
HTT Staff, January 26, 2012New York - JCPenney held its fourth and final presentation on strategy here this morning, this one focused on financials. More
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Cotton price 98 cents
Home Textiles Today Staff, January 25, 2012New York - Yesterday's end of day price on Cotton #2 futures for March contracts was 98 cents. The price on May futures was also 98 cents. More
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Tuesday Morning takes a hit in 2Q
HTT Staff, January 24, 2012Dallas - Tuesday Morning Corp. turned its focus on strengthening its inventory position amidst otherwise dreary second quarter results, when the closeout chain suffered declines in sales and profits. More
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Comps kept a steady pace last week
HTT Staff, January 24, 2012New York - Same-store sales rose 2.5% during the third week of January following a 2.8% gain in the previous week, according to The Johnson Redbook Retail Sales Index. More
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Target promotes Mulligan to cfo
HTT Staff, January 24, 2012Minneapolis - Target has named John Mulligan executive vp and chief financial officer. He succeeds Doug Scovanner, who will retire in March after 18 years in the post. More
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Cotton price 99 cents
HTT Staff, January 24, 2012New York - Yesterday's end of day price on Cotton #2 futures for March contacts was 99 cents. The price on May contracts was also 99 cents. More
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Cotton price 99 cents
Retail Editor 3, January 23, 2012New York - Friday's end of day price on Cotton #2 futures for March contracts was 99 cents. The price on May contracts was also 99 cents. More
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Ikea's profits jumped 10.3% in latest fiscal year
Larry Thomas, January 20, 2012Conshohocken, Pa. - Swedish retailer Ikea said worldwide sales increased 6.9% in the fiscal year ended Aug. 31, while profits jumped 10.3% despite higher raw materials costs. More
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Cotton price 98 cents
HTT Staff, January 20, 2012New York - Yesterday's end of day price on Cotton #2 futures for March contracts was 98 cents. The price on May futures was also 98 cents. More
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Cotton price 98 cents
HTT Staff, January 19, 2012New York - Yesterday's end of day price on Cotton #2 futures for March contracts was 98 cents. The price on May contracts was 97 cents. More
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Comps slightly softer last week
HTT Staff, January 18, 2012New York - Same-store sales rose 2.8% in the second week of January following a 3.3% gain in the previous week, according to the Johnson Redbook Retail Sales Index. More
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Cotton price 98 cents
HTT Staff, January 18, 2012New York - Yesterday's end of day price on Cotton #2 futures for March contracts was 98 cents. The price on May futures was also 98 cents. More
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