Financial

NRF: Retail sales inched up in April; home stores' sales flat

HTT Staff, May 13, 2013
Washington D.C. - Improved employment data, better housing prices, and a record-breaking stock market served as catalysts for an April retail sales increase of 0.6%, seasonally adjusted from last month, excluding automobiles, gas stations and restaurants, and up 3.9% unadjusted year-over-year. More
comScore: Ecommerce up 13% in Q1

HTT Staff, May 13, 2013
Reston, Va. - Consumers' online retail spending in the first quarter climbed 13% to $50.2 billion, according to comScore, which measures the digital world. More
Cotton price 86 cents

HTT Staff, May 13, 2013
New York - Friday's end of day price on Cotton #2 futures for July contracts was 86 cents. The price on October contracts was 86 cents.

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Restoration Hardware raises Q1 guidance

Home Textiles Today Staff, May 10, 2013
Corte Madera, Calif. - Encouraged by is strong performance lately, Restoration Hardware Holdings Inc. has raised its first quarter guidance. More
Cotton price 88 cents

Retail Editor 5, May 10, 2013
New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 88 cents. The price on July contracts was 87 cents. More
A slow start, but April comps flowered

HTT Staff, May 9, 2013
New York - Despite unseasonably cold weather and the delay of brighter springtime temperatures, most major retailers pulled off nice comp gains in April. More
Alco Q1 sales make modest gain

HTT Staff, May 9, 2013
Abilene, Kan. - Alco Stores said first quarter sales, excluding fuel, rose 0.9% with positive performances coming from domestics, housewares and women's apparel. More
Cotton price 86 cents

HTT Staff, May 9, 2013
New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 86 cents. The price on July contracts was 88 cents.

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Stein Mart happy with home

HTT Staff, May 8, 2013
Jacksonville, Fla. - Soft home turned in a strong performance at Stein Mart during the first quarter, the company's chief said during today's earning call. More
JCP says home department redo impacted Q1 sales

HTT Staff, May 8, 2013
Plano, Texas - JCPenney announced its first quarter sales fell 16.4% to $2.635 billion, with comps down 16.6%. More
Newell Rubbermaid to sell drapery hardware business

HTT Staff, May 8, 2013
Atlanta - Newell Rubbermaid is preparing to exit its remaining position in the window business. More
Cotton price 86 cents

HTT Staff, May 8, 2013
New York - Yesterday's end-of-day price on Cotton #2 futures for May contracts was 86 cents. The price on July contracts was 87 cents. More
JCP says home department redo impacted Q1 sales

HTT Staff, May 7, 2013
Plano, Texas - JCPenney announced its first-quarter sales fell 16.4% to $2.635 billion, with comps down 16.6%. More
April comps dampened by early Easter

HTT Staff, May 7, 2013
New York - Comps were up 2.3% in the fourth and final week of April, said The Johnson Redbook Retail Sales Index. More
Mohawk Inc. has strong Q1, but rugs lag

HTT Staff, May 7, 2013
Calhoun, Ga. - Mohawk Industries Inc. generated first quarter gains in net earnings and sales thanks to improvements in the U.S. market, product mix, and productivity as well as lower amortization and the company's acquisition of Pergo. More
Cotton price 85 cents

HTT Staff, May 7, 2013
New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 85 cents. The price on July contracts was 87 cents.

More
Stein Mart closes 2012 on high note, revs up for e-commerce

HTT Staff, May 6, 2013
Jacksonville, Fla. -- Stein Mart reported steady increases in sales and net income in the recent fiscal year, paving the way for the company to break into ecommerce. More
Cotton price 85 cents

HTT Staff, May 6, 2013
New York - Friday's end of day price on Cotton #2 futures for May contracts was 85 cents. The price on July contracts was 86 cents.

More
WestPoint EBIDTA improved in Q1

HTT Staff, May 3, 2013
New York - Although sales dropped during the first quarter, WestPoint Home's EBITDA (earnings before interest, tax, depreciation, tax and amortization) improved by $4 million thanks to improved margins and lower overhead, according to parent company Icahn Enterprises. More
Home a driver for HSNi, HSN and Cornerstone in Q1

HTT Staff, May 3, 2013
St. Petersburg, Fla. - Home goods proved an important component of sales in the first quarter for HSN Inc., and within its two divisions, HSN and Cornerstone - especially for the latter, which experienced double-digit growth. More

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