Author Archives: Home Furnishings News

Q Squared Design Opens Showroom at Forty One Madison

Q Squared Design Opens Showroom at Forty One Madison

NEW YORK–Q Squared Design, the two-year-old home goods company with a design team is in Italy and its own manufacturing facilities in China, has opened a 1,200-square-foot showroom on the 19th floor at Forty One Madison here. It will introduce its rainbow array of melamine tableware when the showroom opens for The New York GiftMore »

Kravet Bids for Brunschwig & Fils

Kravet Bids for Brunschwig & Fils

NEW YORK—Fabric and home-furnishings vendor Kravet has made a bid to purchase Brunschwig & Fils, which has filed for Chapter 11 bankruptcy protection. The deal is subject to a competitive-bid process that will take place in early March, according to a spokeswoman for Brunschwig & Fils. Brunschwig & Fils is a supplier of fabrics, wallMore »

Chicago, California Shows to Offer Fair Trade Pavilions

Chicago, California Shows to Offer Fair Trade Pavilions

CHICAGO—Both the Chicago Market: Living and Giving and the California Gift Show will feature Fair Trade Pavilions with handmade products from around the world. The pavilions will be offered in partnership between MMPI, owner and manager of both shows, and the Fair Trade Federation. Among the product categories represented in the two pavilions will beMore »

Retail Sales Grow 7.9 Percent in December

Retail Sales Grow 7.9 Percent in December

WASHINGTON–U.S. retail sales capped a strong holiday season with a 7.9 percent year-over-year increase in December, totaling $380.9 billion on an adjusted basis, according to figures from the U.S. Census Bureau. The strong pace, however, did not help retail channels that carry home goods. Sales at furniture and home-furnishings stores advanced just 1.4 percent yearMore »

Williams-Sonoma Holiday Revenues up 10.5 Percent

Williams-Sonoma Holiday Revenues up 10.5 Percent

SAN FRANCISCO–Revenues for the Williams-Sonoma holiday season just ended rose 10.5 percent to $865 million over the same period in 2009. The increase included a same-store sales gain of five percent, the retailer said in a statement. As a result, Williams-Sonoma said it now expects fourth-quarter revenues to total between $1.17 billion and $1.19 billion,More »

Home Depot Names Carmack to Head Canadian Division

Home Depot Names Carmack to Head Canadian Division

ATLANTA–The Home Depot has promoted Aaron Carmack to president of The Home Depot Canada, effective Jan. 31. Currently regional vice president of the home-improvement retailer’s Pacific Northwest region in the United States, Carmack will succeed Annette Verschuren, who is leaving the company after 15 years of service. He will be responsible for Home Depot’s 179More »

Sealy Posts $4.5 Million Net Loss in Fourth Quarter

Sealy Posts $4.5 Million Net Loss in Fourth Quarter

TRINITY, N.C.–The divestiture of manufacturing operations in Europe and discontinued manufacturing in Brazil led to a $4.5 million net loss for Sealy in the fourth quarter, which ended on Nov. 28. These moves hurt the mattress manufacturer’s bottom line to the tune of more than $7.9 million, and contrasted to net income of $2.6 millionMore »

Shaw Debuts HGTV Collection at Atlanta Market

Shaw Debuts HGTV Collection at Atlanta Market

ATLANTA–Shaw Industries and HGTV have expanded their partnership with the debut of the HGTV Home-Flooring by Shaw collection here at the Atlanta International Area Rug Market. The licensing program includes area rugs, carpet, hardwood and laminate. Each category will include eco-friendly options as well. Shaw has been the exclusive flooring provider for the HGTV Green HomeMore »