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JCP in transition: The angle for home
HTT Staff, January 26, 2012
New York - As JCPenney ceo Ron Johnson described the conditions that ail modern department stores during his "fresh air" presentation yesterday, one of the culprits he pointed to was an excessive reliance on private label goods - a curious statement considering the JCPenney brand has been a stalwart in its home department for decades. More
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JCP intros new pricing, new logo, new...everything
HTT Staff, January 25, 2012New York - The invitation to JCPenney's strategic outlook today meeting promised "fresh air," and the presentation did not disappoint. More
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Hudson's Bay Company completes acquisition of Lord & Taylor
Michael J. Knell, January 24, 2012Toronto - The Hudson's Bay Company has completed the acquisition of its affiliate, U.S. department store chain Lord & Taylor Holdings, and named Bonnie Brooks, who has served as president and ceo of The Bay since August 2008, to oversee the newly expanded retail operation as president of the Hudson's Bay Company. More
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Bon-Ton taps Hoffman to replace Bergren as prez, ceo
HTT Staff, January 24, 2012York, Pa. -- The Bon-Ton Stores Inc. has named Brendan Hoffman the company's president and ceo, effective Feb. 7, replacing Bud Bergren. More
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Kohl's new DC will support ecommerce
HTT Staff, January 24, 2012Menomonee Falls, Wis. - Kohl's will open an ecommerce distribution center in DeSoto Texas this summer. More
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Top Five Retail Stories of 2011
Jennifer Marks, January 24, 2012NEW YORK - It might not have been the most robust year for sales, but many retailers pushed ahead with brand-building and store expansion efforts. More
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New flash site for home, 250Lloyds, goes live today
HTT Staff, January 20, 2012Palm Beach Gardens, Fla. - 250Lloyds goes live today with a focus on home furnishings, gifts and home décor. More
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Sam's Club ceo exits, other execs promoted
HTT Staff, January 20, 2012Bentonville, Ark. - Sam's Club president and ceo Brian Cornell has informed Wal-Mart Stores Inc. that he and his wife plan to move back to the Northeast for family reasons. With his departure, Rosalind (Roz) Brewer is being promoted into the position, effective Feb. 1. More
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Wal-Mart taps CBS exec to head ecommerce
HTT Staff, January 17, 2012San Bruno, Calif. - Wal-Mart Stores Inc. has named Neil Ashe the new president and ceo of the company's global ecommerce business. More
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Charlotte Moss collection to debut at Calico Corners
HTT Staff, January 9, 2012Kennett Square, Pa. - Interior designer Charlotte Moss has created a collection of 92 decorative fabrics and 75 color-coordinated trims for Calico Corners - Calico Home stores and www.calicocorners.com. More
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Lowe's acquires online retailer ATG Stores
HTT Staff, January 9, 2012Mooresville, N.C. - Home improvement retailer Lowe's Cos. said it has acquired ATG Stores, an online retailer that specializes in home improvement and lifestyle products. More
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WolfHome finds a niche for fashion fabric
HTT Staff, January 9, 2012New York - It was only about two years ago that longtime home textiles industry veteran Warren Kay found what he saw as a veritable void in the business. More
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120% Lino opens 1st U.S. store
HTT Staff, January 9, 2012Miami - Luxury linens and apparel house 120% Lino has opened its first U.S. store in Miami. It also operates two stores in Italy in Milan and Capri. More
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Charlotte Moss collection to debut at Calico Corners
HTT Staff, January 6, 2012Kennett Square, Pa. - Interior designer Charlotte Moss has created a collection of 92 decorative fabrics and 75 color-coordinated trims for Calico Corners - Calico Home stores and www.calicocorners.com. More
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Macy's store count to remain roughly the same
HTT Staff, January 5, 2012Cincinnati - Macy's Inc. announced its store plan for the year, which result in slightly fewer Bloomingdale's units and roughly the same number of Macy's locations. It will also expand its Bloomingdale's Outlet concept. More
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TJX taps MacMillan to head European division
HTT Staff, January 4, 2012Framingham, Mass. - The TJX Companies Inc. has made several senior management changes, naming Michael MacMillian chief of European operations and promoting Richard Sherr and Ken Canestrari in key U.S. posts. More
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Brookstone exec new Sears chief merchant
HTT Staff, January 3, 2012Hoffman Estates, Ill. - Sears Holding has tapped Ron Boire as its new executive vp and chief merchandising officer and president, filling a top merchandizing spot that had long been open. More
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Sears to close 79 stores, including 38 Kmarts
HTT Staff, December 30, 2011Hoffman Estates, Ill. -Sears Holdings has announced 79 stores the company will close, which are among the 100 to 120 underperforming Sears and Kmart stores the company said earlier this month that it planned to shutter. More
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Stein Mart offers revised 3Q, YTD results
Home Textiles Today Staff, December 23, 2011Jacksonville, Fla. - Stein Mart today offered some revised third-quarter and year-to-date results due to issues surrounding its information technology systems that caused markdowns to be understated in the company's earnings reported on November 17. More
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Nebraska Furniture Mart closes on Dallas-area property
Gary Evans, December 16, 2011Dallas -- Nebraska Furniture Mart has closed on 433 acres here, clearing the way for the Omaha, Neb.-based retailer to build its fourth and largest store in The Colony, a north Dallas suburb. More
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