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Financial and business news about home textiles retailers, manufactuers, and suppliers

  • Home quiet in tepid August comps

    James Mammarella, September 2, 2010
    New York - Sometimes known for its "dog days" doldrums, this August was not unkind to retailers, as department stores continued their comparable store sales turnaround, although at a slowing pace, while other formats maintained modest comp rates, with some scattered good news in the home department.  More
  • Pier 1 hits double-digit comp increases in 2Q

    HTt Staff, September 2, 2010
    Fort Worth, Texas -- Pier 1 Imports Inc. turned around is comparable store sales in the second quarter and the first half, taking them up double digits after having suffered declines in the same year-ago periods.  More
  • Linens&More for Less Opens

    Carole Sloan, September 2, 2010
    HOWLAND, OHIO - With the strong opening of its first Linens&More for Less store here on July 23, Fred Mershad, president and ceo of the fledgling retailer, is more than optimistic about the company's growth potential.  More
  • HSNi Moves Ahead in 2Q

    Jennifer Marks, September 2, 2010
    ST. PETERSBURG, FLA. - After acting as a drag on earnings for several quarters, HSNi's Cornerstone division showed robust increases in operating profit, gross margin and sales during the second quarter and posted its best comp growth since 2005.  More
  • Dollar General hits it out of the park in 2Q

    HTT Staff, August 31, 2010
    Goodlettesville, Tenn. - The home textiles department is among the areas where Dollar General is experiencing an uptick in sales, executives said while commenting on the retailer's record second quarter performance today.  More
  • HTT launches 1st annual Online Technologies Conference

    HTT Staff, August 31, 2010
    Chicago - Online technologies including Web sites, Internet marketing and software-as-service technologies are changing the way the home furnishings and gift industries operate.  More
  • ForecastIQ finds comp outlook better than '09 but weak month over month

    HTT Staff, August 31, 2010
    Columbus, Ohio - While same-store sales outlook has improved from this time last year, it has retreated month over month, with more stores almost certain to see a decline in the next 75 days, compared to last month, and fewer saying they are almost certain to experience an increase, according to the most recent report from ForecastIQ.  More
  • Consumer Confidence moves up

    HTT Staff, August 31, 2010
    New York - With consumers feeling a little better about the improving health of the economy, the Consumer Confidence Index rose to 53.3 in August, up from 51.0 in July.  More

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