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Walmart to Offer Free Home Shipping During Holiday Season

Walmart to Offer Free Home Shipping During Holiday Season

BENTONVILLE, Ark.–Walmart will provide free home shipping on nearly 60,000 holiday items, with no minimum purchase requirement or subscription fees, now through Dec. 20. Among the categories covered in this offer are furniture, home appliances, all electronics, select video games, toys, jewelry and baby products. The offer complements Walmart’s Site to Store program, which providesMore »

J.C. Penney Boosts Q3 Net 63 Percent, Launches Growth-Brands Division

J.C. Penney Boosts Q3 Net 63 Percent, Launches Growth-Brands Division

PLANO, Texas—J.C. Penney reported a 63 percent gain in third-quarter net income as the retailer introduced its new growth-brands division. The bottom line in the quarter, which ended Oct. 30, was helped by a 4.9 percent reduction in total operating expenses, which included a 3.8 percent decline in selling, general and administrative expenses, along withMore »

Dillard’s Net Jumps 80 Percent in Third Quarter

Dillard’s Net Jumps 80 Percent in Third Quarter

LITTLE ROCK, Ark.–Third-quarter net income for Dillard’s rose 80 percent to $14.4 million, thanks to the retailer’s efforts and inventory and expense controls. Controls on inventory, which for comparable stores declined 2 percent, helped push up gross margin by 190 basis points to 36.3 percent. Advertising, selling, administrative and general expenses edged down 0.9 percentMore »

AmericasMart Calls for Spectacular Rug Introductions

AmericasMart Calls for Spectacular Rug Introductions

ATLANTA—America’s Magnificent Carpets Awards—the headlining event at the January International Area Rug Market—honoring the area rug industry’s finest introductions, is calling for manufacturers and importers to enter their products. AmericasMart Area Rug exhibitors may present up to two rug introductions. The categories are: handmade, power-loomed, antique and contemporary. Exhibitors can submit entries online at americasmart.com/jancarpetawards.com.More »

IFDA and Jamie Drake to Present “Rising Stars of Interior Design”

IFDA and Jamie Drake to Present “Rising Stars of Interior Design”

NEW YORK—The New York chapter of the International Furnishings and Design Association will team up with designer Jamie Blake to present the fourth annual “Rising Stars of Interior Design.” Drake’s choices for this year’s event are interior designers Nina Freundenberger, Ryan Korban and Kevin Isbell. In addition, design students Jae-Young Dokogo of the Fashion InstituteMore »

Net Income Flat for Kohl’s in Third Quarter

Net Income Flat for Kohl’s in Third Quarter

MENOMONEE FALLS, Wis.–Kohl’s registered net income of $194 million for the third quarter ending Oct. 30, one-half of 1 percent above the retailer’s net for last year’s third quarter. The company’s flat bottom-line performance occurred largely because of an 8.4 percent bump up in selling, general and administrative expenses—which also finished the quarter at 26.4More »

Karen Ritter, Meyda Tiffany Lighting Representative, Dies

Karen Ritter, Meyda Tiffany Lighting Representative, Dies

YORKVILLE, N.Y.–Veteran sales representative Karen Ritter of Lewes, Del., passed away last month. She was 49. Ritter had worked as the northeast regional sales manager for Meyda Tiffany Lighting since the mid-1980s, and managed Meyda’s fleet of mobile showrooms with her husband Bob for the past 15 years. “The entire Meyda Tiffany Lighting family wouldMore »

WAC Lighting Opens Sales Offices in China

WAC Lighting Opens Sales Offices in China

NEW YORK–As part of its continuing strategy to expand its sales and marketing efforts in Asia, WAC Lighting has opened three new sales offices throughout China, with plans to open one more within the next two months. The new Chinese offices are in Beijing, Guangzhou, and Cheng Du, to cover the north, south and westernMore »