News

CIT Report: Recession Brings Greater Efficiency to Vendors, Retailers

CIT Report: Recession Brings Greater Efficiency to Vendors, Retailers

NEW YORK–Retailers and their suppliers are finding more efficient ways to manage cash flow, inventory levels and sales, according to a report issued by CIT Trade Finance. Titled “U.S. Small Business and Middle Market Outlook 2010: Retailers and Their Suppliers—Smarter, Leaner, Cautiously Optimistic,” the report is the company’s second annual retail outlook. In the study,More »

LIMA Sets Online Seminar Series for Fall

LIMA Sets Online Seminar Series for Fall

NEW YORK–The International Licensing Industry Merchandiser’s Association (LIMA) has scheduled three online presentations on developments in the licensing business. On Sept. 28, Stan Madaloni and Jamie Warner, president and creative director and vice president of business development, respectively, of Mada Design, will discuss “Using Your Style Guide as a Branding and Marketing Tool.” The sessionMore »

Biltmore Launches Initiatives to Showcase Licensed Products

Biltmore Launches Initiatives to Showcase Licensed Products

ASHEVILLE, N.C.–Biltmore’s home licensing division recently unveiled several new ways to showcase its licensed products. Each initiative is designed to make it easier for consumers to learn about and shop for the many different products Biltmore has to offer. These efforts include a new display in Biltmore’s Antler Hill Village, a catalog and an e-commerceMore »

Dreimann Serving as Director and Consultant of Groupe SEB Holdings

Dreimann Serving as Director and Consultant of Groupe SEB Holdings

WEST ORANGE, N.J.–Leon Dreimann, owner and chief executive officer of Greystone Brands and George Foreman Cleaning Solutions, is serving as director and consultant of Groupe SEB Holdings, the holding structure of U.S. entities including Groupe SEB USA and All-Clad Metalcrafters. “We are please to have Leon on board,” said Volker Lixfeld, president and chief executiveMore »

Modest Growth Expected for Holiday Retail Sales

Modest Growth Expected for Holiday Retail Sales

NEW YORK–Holiday retail sales will increase by 2 percent this year, according to a forecast from Deloitte. The economy’s bumpy recovery will likely keep consumer spending in check during the 2010 holidays. “Sustained weakness in the housing and employment markets continue to restrict consumer cash flow,” said Carl Steidtmann, Deloitte’s chief economist. “Consumers’ discretionary fundsMore »

Lenzing to Sponsor Pavilion at L.A. Textile Show

Lenzing to Sponsor Pavilion at L.A. Textile Show

LOS ANGELES–The Lenzing Innovation Pavilion will be a feature at the upcoming Los Angeles International Textile Show. The pavilion will be located in the penthouse of the California Market Center, where the show will take place from Sept. 27-29. It will spotlight Lenzing-affiliated exhibitors and products offering innovations in the use of fibers. The companiesMore »

Simmons Launches QR Tag Technology

Simmons Launches QR Tag Technology

ATLANTA–Simmons has introduced a quick-response (QR) tagging application for mattresses from its 2010 Beautyrest line. The tags are barcode-like visuals that can be scanned or read by “smart” phones such as the iPhone, Droid or Blackberry. Once scanned, the tags make additional information, images and videos available to the user via the phone’s Web browser,More »

Bissell Launches Floor Cleaners to Mark Anniversary

Bissell Launches Floor Cleaners to Mark Anniversary

GRAND RAPIDS, Mich.–In recognition of its 134th anniversary, Bissell has introduced two new products that will be available for purchase in the fall. The EasySweep cordless rechargeable sweeper provides up to 45 minutes of cleaning time, and is equipped with a swivel handle that allows it to be maneuvered in tight spots and under furniture.More »