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Same-store sales stronger in May's 2nd week
HTT Staff, May 15, 2012New York - Comps rose 3.7% during the second week of May, propelled by fair weather, Mother's Day and the approach of graduation day in many parts of the country, according to The Johnson Redbook Retail Index. More
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Initial impact of JCPenney pricing shift to be discovered tomorrow
HTT Staff, May 14, 2012Plano, Texas - Late tomorrow afternoon, JCPenney's ceo will face analysts for the first time since he unveiled the company's ambitious makeover plan in February. More
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Cotton price 79 cents
HTT Staff, May 14, 2012New York - Friday's end of day price on Cotton #2 futures for July contracts was 79 cents. The price on October contracts was 78 cents. More
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Gordmans kicks off fiscal 2012 with strong Q1
HTT Staff, May 11, 2012Omaha - Regional department store chain Gordmans Stores Inc. reaped double digit increases in sales and net income in its first quarter, catapulting the company's confidence for a strong 2012 fiscal year. More
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Cotton price 82 cents
HTT Staff, May 11, 2012New York - Yesterday's end of day price on Cotton #2 futures for July contracts was 82 cents. The price on October contracts was also 82 cents. More
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Dillard's pleased with 1Q
HTT Staff, May 11, 2012Little Rock, Ark. - Home and furniture were lagging categories in a strong first quarter for Dillard's, which saw profit jump 24% to $95.0 million, or $1.89 per share. More
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Cotton price 85 cents
Home Textiles Today Staff, May 10, 2012New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 85 cents. The price on July futures was 85 cents.
Today's Cotlook A Index - as basket of prices from the world's major cotton-producing regions - was 93 cents. More
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Kohl's home department soft in a tough quarter
Home Textiles Today Staff, May 10, 2012Menomonee Falls, Wis. - While home is not among its categories highest in productivity by square footage, Kohl's still considers the home business "an opportunity" going forward. More
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Ecommerce sales rose 17% in first quarter
HTT Staff, May 10, 2012Reston, Va. - Retail ecommerce sales posted their 10th consecutive quarter of positive year-over-year growth during the first quarter, up 17% to $44.3 billion, according to digital analytics firm comScore Inc. More
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Macy's coy on Martha in reporting strong Q1 sales
HTT Staff, May 9, 2012Cincinnati - Home was among the strongest performers at Macy's Inc. during a quarter that beat Wall Street expectations, with the Macy's stores' Hotel and Charter Club brands singled out as the strongest private labels in the department. More
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Cotton price 85 cents
HTT Staff, May 9, 2012New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 85 cents. The price on July futures was 86 cents. More
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WestPoint shed sales in 1Q
HTT Staff, May 9, 2012New York - WestPoint Home streamlined its executive staff in the first quarter in order to lower costs and redirect its strategic efforts. It also saw sales drop 43%, a result of exiting unprofitable business, according to parent company Icahn Enterprises' first quarter report. More
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Bed, Bath & Beyond to acquire Cost Plus
HTT Staff, May 9, 2012Union, N.J. - Bed Bath & Beyond announced this morning it will acquire Cost Plus, the 259-unit home furnishings and lifestyle chain based in Oakland, Calif., for approximately $495 million. More
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Cotton price 85 cents
HTT Staff, May 8, 2012New 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
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May comps off to a middling start
HTT Staff, May 8, 2012New York -Same-store sales were up 2.6% in the first week of May, according to The Johnson Redbook Retail Sales Index. More
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QVC U.S. posts solid 1Q
HTT Staff, May 8, 2012Englewood, Colo. - Direct to consumer retailer QVC's U.S. division saw first quarter sales rise 4% to $1.2 billion as average selling price and gross margin also increased. More
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Cotton price 86 cents
HTT Staff, May 7, 2012New York - Friday's end of day price on Cotton #2 futures for May contracts was 86 cents. The price on July contracts was 88 cents. More
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Mohawk reports strong Q1, but rug sales soft
HTT Staff, May 4, 2012Calhoun, Ga. - Thanks to increases in both volume and price and reductions in costs, Mohawk Industries Inc. significantly grew its first quarter net earnings, taking them up by 38% to $40 million, or 58 cents per share. More
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Cotton price 87 cents
HTT Staff, May 4, 2012New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 87 cents. The price on July contracts was 89 cents. More
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Cotton price 87 cents
Home Textiles Today Staff, May 3, 2012New York - Yesterday's end of day price on Cotton #2 futures for May contracts was 87 cents. The price on July contracts was 89 cents. More
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