News

Las Vegas Market Opens Today

World Market Center

LAS VEGAS-The Summer Las Vegas Market opens  today, with numerous new exhibitors exemplified by 50 scheduled ribbon-cutting ceremonies. The new exhibitors include well-known vendors such as Agio, Amer Rugs, Malouf, Décor-Rest, Andrea by Sadek and Moe’s Home Collection. The market is also presenting the largest number of temporary exhibitors in its history, showcasing nearly 500More »

Amazon.com Q2 Net Loss Reached $126 Million

Amazon.com

SEATTLE-Substantial increases in expenses offset a significant gain in sales to send Amazon.com’s net loss to $126 million in its fiscal second quarter, compared to a net loss of $7 million in the second quarter of last year. Total operating expenses jumped 23.9 percent in dollars and 57 basis points as a percentage of sales,More »

Williams-Sonoma Tabs Execs for New posts

Williams-Sonoma

SAN FRANCISCO-Williams-Sonoma has set new roles for several of its executives in an effort “to position the company for continued growth,” according to a statement from the specialty retailer. Pat Connolly, chief marketing officer, will become chief strategy and business development officer. In his new role, Connolly is responsible for redefining Williams-Sonoma’s long-term strategy, includingMore »

Traub Named Serta President

Michael Traub

HOFFMAN ESTATES, Ill.-Serta Simmons Bedding has appointed Michael Traub president of National Bedding Co., parent of the Serta mattress brand. Traub, who had served as president and CEO of BSH Home Appliances’ North American operation, reports to Gary Fazio, CEO of Serta Simmons, in his new role. He will assume his post on Sept. 2.More »

Aaron’s Q2 Net Drops 67.1 Percent; COO Buck to Retire

Aaron's

ATLANTA-Huge gains in expenses and in depreciation of lease merchandise offset a strong revenue gain to send Aaron’s second-quarter net income plummeting 67.1 percent, to $8.5 million. Along with releasing its earnings, the lease-to-own retailer issued a separate statement saying that Dave Buck, its chief operating officer, will retire from the company. Buck served forMore »

WWRD Takes Permanent Space at Las Vegas Market

WWRD

NEW YORK—Waterford Wedgwood Royal Doulton announced today that it has invested in a permanent showroom, building C, showroom 0154, at Las Vegas Market. The company had shown in a temporary space at the two previous markets. The new WWRD showroom will feature luxury products geared towards the home decor and interior design trade. The companyMore »

Levine Tabbed to Lead Surya Outdoor

Jim Levine

CALHOUN, Ga.-Surya has appointed Jim Levine to the newly created position of vice president of Surya Outdoor. In his new role, Levine is in charge of expanding Surya’s outdoor product offerings, along with building and overseeing a sales force focusd specifically on retailers of outdoor products. He reports to Seth King, Surya’s vice president ofMore »

Tempur Sealy Loss Grows in Q2

Tempur+Sealy

LEXINGTON, Ky.-Tempur Sealy posted a second-quarter net loss of $2.2 million, compared to a second-quarter net loss of $1.6 million from last year. The loss occurred as the company continued to absorb integration costs of last year’s merger between Tempur-Pedic and Sealy. In addition, it reported a $20.4 million loss related to its disposal ofMore »