Author Archives: Home Furnishings News

Bed Bath & Beyond Net Rises 25 Percent in Third Quarter

Bed Bath & Beyond Net Rises 25 Percent in Third Quarter

UNION, N.J.—Bed Bath & Beyond reported another strong performance in its third quarter, with net income rising 25 percent to $188.6 million. Improving sales and the company’s wary eye on expenses helped produce the healthier bottom line. Net sales for the quarter, which ended on Nov. 27, rose 11 percent to $2.2 billion. While selling,More »

Dillard’s to Establish Internet Fulfillment Center

Dillard’s to Establish Internet Fulfillment Center

MAUMELLE, Ark.–Dillard’s Inc. will locate an Internet fulfillment center here to support the growth of its online business. “There are many positive changes currently underway at Dillard’s and the enhancement of the online shopping experience at dillards.com is a major focus of our efforts,” said Alex Dillard, president, in a statement. “Our new Maumelle facilityMore »

Container Store’s Tindell to Receive NRF Gold Medal

Container Store’s Tindell to Receive NRF Gold Medal

WASHINGTON—Kip Tindell, chairman and chief executive officer of The Container Store, will be honored with the Gold Medal of the National Retail Federation. The association cited Tindell, who has been head of the storage- and organization-products retailer since its founding in 1978, for maintaining “a fundamental set of corporate values centered around an intense employeeMore »

Surya Donates Operations to Smile Train

Surya Donates Operations to Smile Train

CALHOUN, Ga.—Surya has donated 300 operations for children with unrepaired clefts to Smile Train, a non-profit organization dedicated to helping children throughout the world who suffer from cleft lips and palates. The donation was made in the name of the company’s top customers in 2010. “With our customers’ continued support, I am very confident thatMore »

Global Flavor at NYIGF

Global Flavor at NYIGF

WHITE PLAINS, N.Y.—More than 300 international companies, representing six continents and 47 countries, are slated to exhibit at the winter New York International Gift Fair, according to a statement from GLM, the show’s owner and manager. Part of the Gift Fair’s global contingent will be 15 international government-sponsored sections. Eight of these—from Africa, England, France,More »

Sanyo to Become Panasonic Wholly Owned Subsidiary

Sanyo to Become Panasonic Wholly Owned Subsidiary

OSAKA, Japan—Panasonic will convert Sanyo into a wholly owned subsidiary through a share exchange that is scheduled for March. Panasonic, which acquired the majority of Sanyo’s voting stock in December 2009, conducted a tender offer for all of Sanyo’s shares from Aug. 23 to Oct. 6 of this year. As of two days ago, PanasonicMore »

Adams-Hartford Increases Show Space, Moves into Textiles

Adams-Hartford Increases Show Space, Moves into Textiles

NEW YORK—Adams-Hartford is doubling the size of its showspace at 7 W New York here, and is launching a line of home textiles. The new space will be in room 527 of the showroom building; its previous space was in room C108. The textiles collection, which will be offered under the label of Diane Adams,More »

MMPI to Offer Special Handcrafted Products Areas at Chicago and California Shows

MMPI to Offer Special Handcrafted Products Areas at Chicago and California Shows

CHICAGO—The upcoming Chicago Market: Living and Giving and California Gift Show will include Beckman’s Handcrafted Shows, which will exhibit handcrafted and artisanal products. A fixture for more than 30 years, Beckman’s Handcrafted Shows are designed as shows within a show. At these two upcoming shows, the Beckman’s areas will spotlight vendors of hand-crafted apparel, jewelryMore »