Author Archives: Home Furnishings News

Furniture Brands Slims Operating Loss in Fourth Quarter

Furniture Brands Slims Operating Loss in Fourth Quarter

ST. LOUIS–Furniture Brands International reported a fourth-quarter operating loss of $23.4 million, down from the $40 million operating loss it posted in the fourth quarter of 2008. The company managed this in spite of a 29.2 percent drop in net sales for the quarter, which totaled $285.6 million. Furniture Brands trimmed 29 percent off itsMore »

Companies Named for Best New Products at Home Textiles Market Week

Companies Named for Best New Products at Home Textiles Market Week

NEW YORK–A panel of trade and consumer editors bestowed Home Textiles Market Week “Best New Product Awards” to five companies, with Designers Guild named “Best of Market” for its Watelet Duvet. Home Textiles Market Week runs through Thursday, Feb. 4, at the New York International Gift Fair at New York’s Jacob K. Javits Convention CenterMore »

GLM to Reorganize New York International Gift Fair

GLM to Reorganize New York International Gift Fair

NEW YORK–“Focus Forward NYIGF 2013,” a strategic reorganization of the New York International Gift Fair, comprising a series of considered changes to product categories and layout, was announced yesterday by show organizer GLM. Beginning in 2010, and culminating at the summer 2013 event, temporary and permanent NYIGF floor plan changes will align with planned constructionMore »

Costco Names Jelinek President, COO; Creates Office of the President

Costco Names Jelinek President, COO; Creates Office of the President

ISSAQUAH, Wash.–Costco Wholesale Corporation has appointed Craig Jelinek president and chief operating officer, effective immediately. Jelinek previously was executive vice president in charge of merchandising, a position he has held since 2004. He spent the previous 20 years in various management positions in warehouse operations. Jelinek will join the Costo board of directors. Jim SinegalMore »

Eller to Receive Gift for Life Achievement Award

Eller to Receive Gift for Life Achievement Award

NEW YORK–Gift for Life, the gift, stationery and home decor industries’ leading charitable organization, announced today that Randy Eller will be honored with the Gift For Life Industry Achievement Award during the Gifts & Decorative Accessories 59th Annual Retailer Excellence Awards, taking place here in August. Eller is perhaps best known for his accomplishments andMore »

Las Vegas Market Opens Today

Las Vegas Market Opens Today

LAS VEGAS–The winter edition of the Las Vegas Market is up and running. The market, which takes place at the World Market Center here, runs from today until Friday, Feb. 5. Among the social events planned for today are a ribbon cutting at the Midwest/CBK showroom, C-999; parties at Global Views, room A-454, AICO featuringMore »

Bloomie’s Opens in Dubai, Includes Home Store

Bloomie’s Opens in Dubai, Includes Home Store

NEW YORK–Bloomingdale’s opened two stores, a full-line department store plus a smaller Home store, in the Dubai Mall over the weekend. Bloomingdale’s Dubai is a 146,000-square-foot, three-level department store filled with apparel and accessories. The new Home store is a one-level, 54,000-square-foot location. “This is a momentous occasion for us to be opening the firstMore »