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  • IMC_logoWEB.IMC Proposes $12 to $14 IPO Price

    more »Showroom operator International Market Centers, which owns the World Market Center in Las Vegas and about 60 percent of High Point’s showroom space, has priced its initial public stock offering at $12 to $14 per share and said the IPO could raise more than $185 million. In a Securities and Exchange Commission filing Monday, IMC said it plans to sell at least 11.5 million shares.

On The Shelves

 

Retail

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    Amazon Boosts Q1 Sales by 15.1 Percent

    Net sales for Amazon.com rose 15.1 percent to $22.7 billion for its first quarter ending on March 31, thanks to solid gains of 39.6 percent in net service sales and 8.8 percent in net product sales. The company posted a net loss of $57 million in the quarter, compared to net income of $108 million in its first quarter of last year.

Housewares

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    Retail Scorecard

    Retail Scorecard: Food Prep

    Hamilton Beach food processors were among the deals Walmart offered last week. The Hamilton Beach Bowl Scraper 10-Cup Food Processor was on sale for $34.01, down from $49.99. The Hamilton Beach Big Mouth Deluxe 14-Cup Food Processor could be had for $55 (was $79.99). The Hamilton Beach Stack & Snap 10-Cup Food Processor was priced down from $59.99 to $47.27.

Tabletop/Gifts

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    Lenox

    Lenox Launches Table Talk Blog

    Lenox has launched a blog called Table Talk that features inspiring photos, tips on decorating and entertaining, reports on events and people, and more. “Every month, about a million people visit our website,” said Sherri Crisenbery, vice president of Lenox Brands, “and Table Talk is a great way for us to engage with them while establishing ourselves as America’s home entertaining design authority.”

Floor Covering

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    NuLoom_logo

    Nuloom to Exhibit at Las Vegas Market, Miami’s Maison&Objet

    Rug manufacturer Nuloom will be a first-time exhibitor at two upcoming shows: Maison&Objet Americas in Miami next month, and August’s Las Vegas Market. In Las Vegas, Nuloom will exhibit in AF Lighting’s former location in Building A, space A406. The showroom is 3,000 square feet.

Textiles

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    J.C. Penney Eva Longoria

    J.C. Penney Debuts Eva Longoria Textiles Line

    J.C. Penney is now offering a line of home textiles designed by actress Eva Longoria, according to various reports. The collection can be seen on J.C. Penney’s website, jcpenney.com. It consists of bed ensembles, decorative pillows and window treatments, the latter of which include curtain panels and top treatments.

Furniture/Lighting

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    IMC_logoWEB.

    IMC Proposes $12 to $14 IPO Price

    Showroom operator International Market Centers, which owns the World Market Center in Las Vegas and about 60 percent of High Point’s showroom space, has priced its initial public stock offering at $12 to $14 per share and said the IPO could raise more than $185 million. In a Securities and Exchange Commission filing Monday, IMC said it plans to sell at least 11.5 million shares.

Blogs

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    Duke Ratliff

    Best Intentions

    Straight from the No Good Deed Goes Unpunished Department, Starbucks received tons of press—mostly bad—for its Race Together ...

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    Shoulberg PUBLISHER/EDITORIAL DIRECTOR

    MIA

    Alert the FBI. Contact Scotland Yard. Hire Magnum, Kojak and the NCIS boys.The home business has lost nearly $40 billion in sales over th...

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