Author Archives: Home Furnishings News

Belk Q2 Net Up 0.3 Percent, to Invest in Strategic Initiatives

Belk

CHARLOTTE, N.C.-Belk’s second-quarter net income edged up 0.3 percent as sales for the southern department-store retailer gained marginally. Net sales in the quarter, which ended on Aug. 2, totaled $906.5 million, an increase of 0.8 percent and including a pickup of 0.6 percent in same-store sales. “While the beginning of the quarter was soft, salesMore »

L.A. Textile Show Teams with Promostyl on Trend Directions

L.A. Textile Show Fall 2014

LOS ANGELES-The Los Angeles International Textile Show is partnering with Promostyl, a fashion-trend forecasting agency, for the fall/winter edition of the show, scheduled for Sept. 29-Oct. 1. Under the terms of the agreement, Promostyl will provide the show with key trend directions for the fall/winter 2015-2016 season. These trends will be featured throughout the L.A.More »

Keurig Green Mountain Adds Coca-Cola’s Reyes to Board

Jose Octavio Reyes

WATERBURY, Vt.-Jose Octavio Reyes Lagunes, retired vice chairman of The Coca-Cola Export Corp., has been appointed to Keurig Green Mountain’s board of directors. The naming of Reyes increases Keurig Green Mountain’s board to 12 members, 11 of whom are independent. He retired as Coca-Cola Export’s chairman in April of this year after a two-year stintMore »

Dueling Dollars

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Family Dollar chooses to merge with Dollar Tree over Dollar General By David Gill And the apparent winner of the Family Dollar sweepstakes is … Dollar Tree. With bids to be acquired from both Dollar Tree and Dollar General, Family Dollar opted to stick with an earlier offer made by Dollar Tree. This offer involvedMore »

Great Expectations

Duke_Ratliff

Pity the home furnishings industry exec on a long summer vacation—he or she will return to work with a whole new landscape of retail leaders. For those keeping score at home (along with the imaginary, anachronistic exec who could actually take vacation all summer), here’s a brief rundown on the recent CEO shuffle: Target namedMore »

Celebrating a Milestone, Wüsthof Focuses on the Long Term

Wusthof

By Allison Zisko As it celebrates its 200th anniversary this year, cutlery maker Wüsthof has found itself with an almost enviable predicament: its business is getting bigger despite efforts to keep it small. “We see growth but don’t pursue growth,” said René Arnold, CEO of the company’s American division, from its headquarters in Norwalk, Conn.More »

Rethinking Flatware

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The category gets a lift from more variable configurations and a fresh approach to design By Allison Zisko Flatware introductions at next month’s Tabletop Show will address consumer preferences with new, more practical configurations, more add-on options and more fashionable flatware that keeps pace with design trends. This more flexible approach—giving consumers what they reallyMore »