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Kohl’s Promotes Brennan, Worthington, Eskenasi and McDonald

Kohl’s Promotes Brennan, Worthington, Eskenasi and McDonald

MENOMONEE FALLS, Wis.—Four key executives at Kohl’s have been promoted to new posts. Don Brennan, senior executive vice president, has been named chief merchandising officer, responsible for all of the retailer’s merchandising divisions, merchandising planning and allocation, and e-commerce. Brennan has also assumed oversight over product development. John Worthington, senior executive vice president, has becomeMore »

Jennifer Convertibles Loss Grows in Fourth Quarter

Jennifer Convertibles Loss Grows in Fourth Quarter

WOODBURY, N.Y.—Jennifer Convertibles, which has been under Chapter 11 bankruptcy protection since July, reported a net loss for its final fiscal quarter of the year of $6.3 million, compared to a fourth-quarter net loss of $5.3 million in its prior fiscal year. Net sales for the quarter, which ended on Aug. 28, rose nearly 12More »

Cohenour Leaves Hooker Furniture

Hooker Furniture

MARTINSVILLE, Va.—Bruce Cohenour has resigned as president of Hooker Furniture Casegoods, effective today. Cohenour joined the company in 2007 as senior vice president of national accounts after a 12-year career as a sales representative. In 2009, he was promoted to executive vice president of marketing, and became president of the casegoods unit earlier this year.More »

World Rug Gallery Becomes First-Time Exhibitor at AmericasMart

World Rug Gallery Becomes First-Time Exhibitor at AmericasMart

ATLANTA — Come January, World Rug Gallery will exhibit at AmericasMart for the first time at the Atlanta International Area Rug Market, Jan. 13 – 16. Offering machine-made rugs, the company will show in a 1,600 square-foot showroom in Building 1 in space 3-C-3, and will host a ribbon-cutting ceremony during the show. “We lookMore »

Midwest-CBK Appoints Trends Director

Midwest-CBK Appoints Trends Director

CANNON FALLS, Minn.–Midwest-CBK has named Kelly Corcoran design trend manager, a newly created position. Corcoran, who reports to Beth Lorentz, Midwest-CBK’s vice president of product development, will partner with the company’s in-studio design team and product managers on product design innovation and collection concept development for holiday, gift, home decor and outdoor living lines. CorcoranMore »

NYIGF Enhances Website Search Capabilities

NYIGF Enhances Website Search Capabilities

WHITE PLAINS, N.Y.–A series of enhancements to the New York International Gift Fair website—nyigf.com—includes more interactive search tools designed to deliver more targeted and comprehensive search results, according to GLM, which owns and manages the show. The new product search tool, complemented by NYIGF’s Online Catalog Gallery, offers retailers access to more detailed product andMore »

Consumers Splurge on Black Friday

Consumers Splurge on Black Friday

WASHINGTON—Black Friday 2010 registered as a major positive event for U.S. retailers, judging from the numbers in a survey conducted by the National Retail Federation. U.S. shoppers spent an estimated $45 billion during this year’s Black Friday, up 9 percent from Black Friday 2009. They also spent more per shopper—9.3 percent more–to $365.34, according toMore »

Walmart Offers to Buy 51 Percent of Massmart

Walmart Offers to Buy 51 Percent of Massmart

BENTONVILLE, Ark.—Following through on plans announced in September, Walmart has made an offer to acquire 51 percent of the shares of Massmart Holdings, the South African retail holding company. The offer would cost Walmart $20.56 a share using today’s conversion rate of the South African rand to the U.S. dollar. A Walmart statement said theMore »