Author Archives: Home Furnishings News

Retail Sales Tick Up in January

Retail Sales Tick Up in January

WASHINGTON–Sales by U.S. retailers totaled $381.6 billion in January, up 0.3 percent from December and 7.8 percent from January 2010, according to figures released this morning by the U.S. Census Bureau. For retailers that offer home furnishings, the first month of the year presented a mixed picture. Sales at general-merchandise stores rose 0.8 percent, includingMore »

Davis Upped to Head Walmart Global Consumer Insights

Davis Upped to Head Walmart Global Consumer Insights

BENTONVILLE, Ark.–Walmart has promoted Cindy Davis to executive vice president of global consumer insights, a new department in the company. As head of this new team, Davis is responsible for helping both Walmart and Sam’s Club understand broad consumer trends, providing insights into customers needs throughout the world and creating advanced analytical tools to supportMore »

One Kings Lane Receives $23M from Investors

One Kings Lane Receives $23M from Investors

SAN FRANCISCO–One Kings Lane, the private online shopping destination for home decor, furnishings and accessories, has raised $23 million in Series B financing, co-led by existing investor Kleiner Perkins Caufield & Byers and new investor Greylock Partners.  Additional participants include existing investors First Round Capital and Reid Hoffman, as well as new investors TriplePoint CapitalMore »

Libbey’s Meier to Retire

Libbey’s Meier to Retire

TOLEDO, Ohio–John Meier, chairman and chief executive officer of Libbey, announced today that he will retire at the end of this year. The nominating and governance committee of Libbey’s board of directors, together with an “internationally recognized” executive search firm, will lead a comprehensive search process to determine Meier’s successor, with both internal and externalMore »

Loftex Extends Natori License with N Natori Collection

Loftex Extends Natori License with N Natori Collection

NEW YORK–Loftex will present its new N Natori collection of bath towels at the New York Home Fashions Market in March. The new grouping of 12 solid-color bath towels and one allover, two-color woven called Shoji is made with Loftwist, a trademarked Loftex patterned-yarn process which maximizes the rich and plush feeling of cotton whileMore »

Royal Heritage to Launch Williamsburg Licensed Collection

Royal Heritage to Launch Williamsburg Licensed Collection

NEW YORK–Royal Heritage Home has slated the introduction of its licensed Williamsburg collection of top-of-bed products for next month’s New York Home Fashions Market. The line will be the first under a new license agreement between Royal Heritage and the Colonial Williamsburg Foundation, which oversees the Williamsburg brand. It will encompass comforters, matching accessories, windowMore »

Dallas Market Center Announces The Next Big Give Winners

Dallas Market Center Announces The Next Big Give Winners

DALLAS–With more than 50 entries to chose from, Dallas Market Center has awarded Brown and Tea & Magnolias the winners of The Next Big Give, a national search for specialty retailers that give back in their communities. The winners will receive a complimentary trip to the Dallas Total Home & Gift Market next month andMore »