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News covering home textiles product development, merchandising and in-store presentation

Consolidation costs still stifling Macy’s
By Staff - 05/14/2008
Cincinnati – Macy’s Inc. reported a loss for the first quarter this morning, but reaffirmed its full-year earnings forecast. More

LNT: To ship or not to ship
By Staff - 05/14/2008
Clifton, N.J. — Linens ’n Things is reporting that vendors have begun shipping, two weeks after its Chapter 11 bankruptcy and a day after the company told the Securities and Exchange Commission its quarterly financial report would be delayed. More
May comps start strong
By Staff - 05/13/2008
New York – Retailers tapped pent-up demand as mild weather at last opened the door to seasonal sales, sending first-week comparative-store sales up 2.0%, the Johnson Redbook reported today. More
Home ‘under pressure’ at Wal-Mart
By Staff - 05/13/2008
Bentonville, Ark. – As consumers turned their attention toward basic necessities, Wal-Mart Stores Inc. today reported solid sales and earnings gains for the first quarter, with earnings per share up nearly 12% to 76 cents. More
Profits up 19.6%, TJX on a global roll
By Staff - 05/13/2008
Framingham, Mass. – TJX Companies’ self-described “cash engine” and “what is fueling our growth” – The Marmaxx Group, comprising T.J.Maxx and Marshalls – was the brightest star in a period that boasted many benefits, the company reported during its first-quarter call today. More
Laneve explains Bloomie’s catalog strategy
By Staff - 05/13/2008
New York – Although Bloomingdale’s will discontinue its Bloomingdale’s by Mail catalog early next year in favor of its internet efforts, it will continue with “bHome” in home furnishings, “HOT” in apparel and an array of other store traffic-drivers. More
LNT sales flat, comps off, delays quarterly filing
By Staff - 05/13/2008
Clinton, N.J. – Linens ’n Things today reported a 5.7% comp decline on first-quarter sales that were essentially flat. More
Macy’s cuts Bloomie’s catalog in favor of online
By Staff - 05/12/2008
New York – Macy’s Inc. upscale division Bloomingdale’s will shift the focus of its direct-to-consumer business to bloomingdales.com as it phases out the Bloomingdale’s By Mail catalog by early 2009. More
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