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| Good Afternoon, |
Welcome to HTT Extra, the daily e-newsletter for home textiles industry professionals. Brought to you by the staff of Home Textiles Today,
HTT Extra provides you with a daily update of the latest news from the world of home textiles manufacturing and retailing. In Today's Issue:
1. Walmart: Home benefiting from sourcing deal and consolidation
2. Wal-Mart 4Q profit up nicely despite U.S. sales slump
3. Wal-Mart outlook guarded
4. Natura World launches family-oriented site
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1. Walmart: Home benefiting from sourcing deal and consolidation
Bentonville, Ark. – Walmart’s alliance with Li & Fung, which shifts a portion of the sourcing responsibility and manpower off Walmart’s plate, is already showing “early benefits,” according to the company. more
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2. Wal-Mart 4Q profit up nicely despite U.S. sales slump
Bentonville, Ark. – Exceeding both its own and Wall Street’s expectations, Wal-Mart reported earnings per share of $1.23 as consolidated operating income rose 13.8% to $7.3 billion. more
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3. Wal-Mart outlook guarded
Bentonville, Ark. – Citing a soft global economy and price deflation, Wal-Mart Stores Inc. offered measured guidance for the first quarter and full fiscal year. more
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4. Natura World launches family-oriented site
Cambridge, Ontario – Organic bedding and mattress manufacturer Natura World has launched a new web site to help families deal with sleep problems. more
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That's all for now - Check us out again tomorrow.
Yours,
The HTT Editorial Staff
To submit items for HTT Extra, email Jennifer Marks at jnegley@reedbusiness.com
Visit us at http://www.hometextilestoday.com |
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