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HFPA Networking Reception Set for June 16

HFPA Networking Reception Set for June 16

NEW YORK–The Home Fashion Products Association has scheduled a networking reception for June 16. The event will take place at the headquarters of Revman International, in suite 3000 at 1211 Ave. of the Americas here, from 6 to 8 p.m. According to an HFPA statement, the gathering will give members a chance to network withMore »

Human Touch Returns to High Point

Human Touch Returns to High Point

HIGH POINT, N.C.–Human Touch, the manufacturer of massage chairs, has returned to High Point Market after a three-year absence. The company exhibited in showroom IHFC-H517 at the market, which ends today. Among the new products it showed were the HT-Connect/AcuTouch 9500, which the company said is the first robotic massage chair to offer a fullyMore »

J.C. Penney Expects $23 Billion in Sales by 2014

J.C. Penney Expects $23 Billion in Sales by 2014

NEW  YORK–At its 2010 analyst/investor conference here yesterday, J.C. Penney announced new five-year operational and financial targets, including expectations to increase sales $5 billion to reach approximately $23 billion in sales by the end of 2014. This is expected to be driven primarily by comparable store sales growth, the company said. Gross margin is expectedMore »

Warren Shoulberg Blog: As Easy as 1-2-3?

Warren Shoulberg Blog: As Easy as 1-2-3?

Ashley Furniture is used to breaking the rules and defying the common logic of the business and at this week’s High Point Market it did it once again. The company–which is both the biggest supplier and retailer of furniture in the country — introduced a new retail concept called Furnish 123, basically a turnkey operationMore »

2010 State of the Industry Report Released

2010 State of the Industry Report Released

NEW YORK –HFN’s 2010 State of the Industry Report –  the only all-encompassing statistical source on home furnishings data – has been released and is now available for free online at our Web site, hfnmag.com. The 2010 report is presented online by the New York International Gift Fair. The report, also included in the AprilMore »

Brentwood Invests in New Equipment, to Join EPA Network

Brentwood Invests in New Equipment, to Join EPA Network

CARSON, Calif.–Brentwood Originals has invested more than $1 million to acquire new filling equipment for its decorative pillows, and is joining the U.S. Environmental Protection Agency’s Climate Leaders Small Business Network to further its commitment to eco-friendly manufacturing. The company’s new machines will be installed in its manufacturing locations in California, Mississippi and Ohio overMore »

Tempur-Pedic Net More Than Doubles in First Quarter

Tempur-Pedic Net More Than Doubles in First Quarter

LEXINGTON, Ky.–First-quarter net income for Tempur-Pedic totaled $33.1 million, 149 percent ahead of its net for the first quarter of last year. The mattress manufacturer achieved this largely on a sales increase for the quarter of 43 percent, to $253.9 million. Tempur-Pedic also boosted its gross margin by 300 basis points to 49.2 percent. TheseMore »

New and Relocated Showrooms Set for Dallas Lighting Market

New and Relocated Showrooms Set for Dallas Lighting Market

DALLAS-Dallas Market Center has unveiled new, expanded and/or relocated showrooms for the upcoming International Lighting Market. New showrooms include Z-Lite, located in space 4943 of the Trade Mart; Impact Crystal & Home in space 304 of the World Trade Center; and Nova Lighting in space 4729 of the Trade Mart. Relocating companies are Sea GullMore »