News

AmericasMart Celebrates Robust Market

AmericasMart Celebrates Robust Market

ATLANTA–As the January 2010 Atlanta International Gift & Home Furnishings Market approaches the closing bell today, show organizer AmericasMart said it is setting new benchmarks with sustained, aggressive order-writing and contagious optimism for the year ahead. Highlights include more product introductions across more product categories, all in their 2010 U.S. premiere showing, and many makingMore »

Beré to Retire from Dollar General

Beré to Retire from Dollar General

GOODLETTSVILLE, Tenn.–David Beré, president and chief strategy officer of Dollar General, will retire at the end of the retailer’s fiscal year, Jan. 29. Beré joined the Dollar General board of directors in 2002. He became president in 2006, and served as interim chief executive officer from July 2007 until January 2008, when Rick Dreiling wasMore »

Warren Shoulberg Blog: A Bridge Not Far Enough at Heimtex

Warren Shoulberg Blog: A Bridge Not Far Enough at Heimtex

To all of those Americans who bemoan the changing nature of the giant Heimtextil trade fair in Frankfurt that opened Wednesday morning, I say build a bridge over the Mein River and get over it. Heimtextil has always been the opening salvo of the trade show season for the textiles industry, a time and placeMore »

Numerous Events Planned for Dallas Total Home & Gift Market

Numerous Events Planned for Dallas Total Home & Gift Market

DALLAS–For the upcoming Dallas Total Home & Gift Market, Jan. 13 to 19, buyers can take advantage of a number of events, including drawings for cash and other prizes. From Thursday through Saturday, at 6 p.m., buyers can win cash drawings up to $1,000 in its Trade Mart Treasures program, taking place in the TradeMore »

Karastan Breaks Off Area Rugs From Broadloom; Roan to Head Division

Karastan Breaks Off Area Rugs From Broadloom; Roan to Head Division

ATLANTA–Karastan has reorganized its sales force and product line, separating area rugs from broadloom. Rug veteran Steve Roan has been named vice president of the new Karastan Rugs division. He started in the new position last month. “Karastan is the leader at the higher end, and Mohawk (Karastan’s parent company) is the leader at theMore »

Jarden Fourth-Quarter Revenue to Exceed Expectations

Jarden Fourth-Quarter Revenue to Exceed Expectations

RYE, N.Y.–Fourth-quarter revenue for Jarden should total about $1.35 billion—ahead of the company’s expectations, according to a preliminary statement from the manufacturer. Previously, the company had forecast fourth-quarter revenue to reach $1.3 billion. Jarden also said it expects revenue for the full 2009 fiscal year to be $5.1 billion—which, assuming the company achieves this total,More »

Helen of Troy Reports 67 Percent Gain in Net for Third Quarter

Helen of Troy Reports 67 Percent Gain in Net for Third Quarter

EL PASO, Texas–Net income for Helen of Troy’s third fiscal quarter jumped 67 percent to $24.7 million. The company’s results for the quarter received boosts from net sales, which rose 2 percent to $189.4 million; cost of goods sold, which fell 5.5 percent; and from a 37 percent reduction in interest expense. Selling, general andMore »