News

Aspenhome Interacts with Consumers

Aspenhome Interacts with Consumers

PHOENIX–Aspenhome’s new interactive web pages help retailers attract consumers to their stores by giving consumers decorating tips and incentives to ignite their desire to purchase. “Research shows that when consumers have a question the Internet is their number one resource to find their answers,” said Renee Loper, Aspenhome director of marketing communications. “Our goal forMore »

Portico Home Reaches Deal with Hyatt, Enters Hospitality Market

Portico Home Reaches Deal with Hyatt, Enters Hospitality Market

NEW YORK–Portico Home has formed an agreement with Hyatt Hotels & Resorts, the hotel and resort company, that marks the eco-friendly products brand’s first appearance in the hospitality market. Under the terms of the deal, Hyatt is furnishing premier suites at its hotels with Portico Home organic-cotton sheets, pillowcases and pillow shams. The line hasMore »

Las Vegas Design Center to Host Interior Design Conference

Las Vegas Design Center to Host Interior Design Conference

LAS VEGAS–The Las Vegas Design Center at World Market Center Las Vegas will play host to the Interior Design Society’s National Leadership Conference Jan. 22-23. The event will comprise a semiformal awards ceremony at the Golden Nugget Hotel and Casino on Jan. 22, and a workshop on Jan. 23 at the Design Center. The workshopMore »

Conference Program Slated for Surtex

Conference Program Slated for Surtex

WHITE PLAINS, N.Y.–Next May’s Surtex show will present a 10-session conference program as the show marks its 25th anniversary. Titled “Future Focus: Profit from Design,” the program will include sessions that will examine a multitude of aspects of the business of art licensing and sales. It will offer three seminars on the core basics ofMore »

Costco Net Rises 17 Percent in First Quarter

Costco Net Rises 17 Percent in First Quarter

ISSAQUAH, Wash.–A double-digit sales increase helped drive Costco to a 17 percent pickup in net income in its fiscal first quarter. The warehouse club’s bottom line totaled $312 million in the quarter, which ended on Nov. 21. Net sales increased 11 percent, which included a 7 percent gain in same-store sales. Costco’s first-quarter sales gotMore »

Investor Firm Acquires Gracious Home

Investor Firm Acquires Gracious Home

NEW YORK–Americas Retail Flagship Fund, an investor company with interests in retail and real estate, has swung a deal to purchase Gracious Home, the specialty retail that has been in Chapter 11 bankruptcy since August. According to a joint statement from the retailer and its new owner, the acquisition “rescued” the company and its moreMore »

Home Depot Sets Targets for 2011

Home Depot Sets Targets for 2011

ATLANTA–The Home Depot said it expects its net sales to increase between 2 and 2.5 percent next year. The projection is one of a list of goals the home-improvement retailer outlined in a statement issued this morning. The company also said it expects same-store sales growth in the low single digits, 10 new store openingsMore »

Target Debuts Sustainability Initiative

Target Debuts Sustainability Initiative

MINNEAPOLIS–Target has established a number of company-wide sustainability commitments, which are designed to guide its ongoing efforts toward environmental sustainability. The retailer has introduced a website, hereforgood.target.com, which outlines these commitments. Included will be efforts toward empowering consumers and Target employees to lead a more sustainable lifestyle, expanding Target’s choices of sustainable products, leading retailersMore »