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Trian Makes Offer for Family Dollar

Trian Makes Offer for Family Dollar

MATTHEWS, N.C.–Trian Group has offered to acquire Family Dollar in a deal that could cost the investor fund between $7 billion and $7.6 billion, according to a filing with the U.S. Securities and Exchange Commission. Trian—which is led by Nelson Peltz, Peter May and Edward Garden—currently holds about eight percent of the retailer’s outstanding shares,More »

Iconix Boosts Q4 Net, Reports Record Results for Year

Iconix Boosts Q4 Net, Reports Record Results for Year

NEW YORK–Net income for Iconix Brand Group totaled $24.3 million in its fourth quarter, up 14 percent over its bottom line from the fourth quarter of last year. The company also said it achieved record results for fiscal year 2010 as a whole. Net income for the year reached $110.5 million, an increase of 45More »

Lodge to Enter Stainless Steel, Silicone Categories at Housewares Show

Lodge to Enter Stainless Steel, Silicone Categories at Housewares Show

SOUTH PITTSBURG, Tenn.-Having manufactured cast-iron cookware in the United States since 1986, Lodge Manufacturing is now expanding into stainless steel cookware and silicone accessories. Launching next month at the International Home + Housewares Show, the stainless steel cookware will be part of a nine-piece set available in May. It will include a 1.9-quart stainless steelMore »

MindsInSync Partners with Loews Hotels

MindsInSync Partners with Loews Hotels

NEW YORK–MindsInSync has reached an agreement with Loews Hotels through which guests at the hotels who travel with pets receive a complimentary Microdry Ultimate Luxury Memory Foam Pet Mat. The pet mat is part of the Microdry product group, which also includes a bath mat. Loews will offer the mat at all 18 of itsMore »

Murray Feiss Presents Awards at Annual Salesmen Dinner

Murray Feiss Presents Awards at Annual Salesmen Dinner

NEW YORK-Lighting company Murray Feiss recognized Neil Graves and Tri State Sales and Service as its Sales Agency of the Year for 2010 at its annual sales representative appreciation dinner held last month in Dallas. “Neil represents the best of our sales force,” said Maria Scutaro, vice president, sales and marketing. “He is always strivingMore »

James Beard Award Winners to Participate in Housewares Charity Gala

James Beard Award Winners to Participate in Housewares Charity Gala

ROSEMONT, Ill.–Six chefs who have won the James Beard Award will prepare specialties for attendees at the 14th annual Housewares Charity Foundation gala on March 7 at the Hilton Hotel in Chicago. The chefs are Tony Mantuano of Spiaggia, Shawn McClain of Green Zebra, Arun Sampanthavivat of Arun’s Thai Restaurant, Marcus Samuelson of Red RoosterMore »

Freshness and Energy at Ambiente

Freshness and Energy at Ambiente

FRANKFURT, Germany–The Ambiente fair here in Frankfurt winds down today, capping five days of fresh, design-led product introductions and a general feeling that business has noticeably improved since last year’s show. Manufacturers across all product categories presented new products in fashionable colorways, played with new and eye-catching finishes, and tweaked products to make them moreMore »

Retail Sales Tick Up in January

Retail Sales Tick Up in January

WASHINGTON–Sales by U.S. retailers totaled $381.6 billion in January, up 0.3 percent from December and 7.8 percent from January 2010, according to figures released this morning by the U.S. Census Bureau. For retailers that offer home furnishings, the first month of the year presented a mixed picture. Sales at general-merchandise stores rose 0.8 percent, includingMore »