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Target Boosts Second-Quarter Profit by 14.3 Percent

Target Boosts Second-Quarter Profit by 14.3 Percent

MINNEAPOLIS—Second-quarter net income for Target registered at $679 million, up 14.3 percent from the second quarter of one year ago. Net sales for the mass-merchant retailer rose 3.8 percent to $15.1 billion, which included a 1.7 percent increase in same-store sales. The company’s bottom line benefited from “thoughtful control of expenses,” said Gregg Steinhafel, Target’sMore »

Net Rises 2 Percent for BJ’s in Second Quarter

Net Rises 2 Percent for BJ’s in Second Quarter

NATICK, Mass.—Second-quarter net income edged up 2 percent for BJ’s Wholesale Club, totaling $35.8 million. The warehouse club’s results included an 8.6 percent jump in net sales to $2.7 billion, which included a 4.4 percent rise in comparable-club sales. Much of the same-store increase came from gasoline sales; without sales at the pumps, BJ’s comparable-clubMore »

NYIGF’s Accent on Design Award Winners Named

NYIGF’s Accent on Design Award Winners Named

NEW YORK—Four Accent on Design exhibitors were  honored Monday for superior design creativity and innovative design. Accent on Design, which is one of 10 divisions of the New York International Gift Fair, runs through Aug. 19 at the Jacob K. Javits Convention Center. Winners are:Best Product Collection: Paul Smith for Stelton (Copenhagen, Denmark) “for reimaginingMore »

Segal Speech, Kentia Rebranding Highlight California Gift Show

Segal Speech, Kentia Rebranding Highlight California Gift Show

LOS ANGELES—The keynote presentation by Gordon Segal and the rebranding of Kentia Hall as Kentia—The Global Marketplace were the highlights at the recent California Gift Show. Segal, chairman and co-founder of Crate and Barrel, spoke on his experiences in launching and operating the retail company. He focused on the importance of differentiating a store, educatingMore »

Texworld USA Posts 21 Percent Attendance Increase

Texworld USA Posts 21 Percent Attendance Increase

FRANKFURT, Germany—The July edition of Texworld USA recorded a 21 percent rise in attendance to 3,390, the largest attendance total in its nine-year history, according to a statement from show owner and manager Messe Frankfurt. The show, which took place in New York City at the Jacob K. Javits Convention Center, turned in a 16More »

Jane Seymour to host American Furniture Hall of Fame Banquet

Jane Seymour to host American Furniture Hall of Fame Banquet

HIGH POINT, N.C.—Jane Seymour will host the 22nd American Furniture Hall of Fame Induction Banquet on Oct. 17 at the High Point Market. Known for her award-winning acting, Seymour first entered the home furnishings business in 2004. Last year, she partnered with AICO’s Michael Amini, debuting her first licensed furniture collection. Her other home furnishingsMore »

Charisma Launches Marketing Campaign with Model Aubry

Charisma Launches Marketing Campaign with Model Aubry

NEW YORK—The Charisma brand has debuted a new marketing campaign starring model Gabriel Aubry. According to a statement from Iconix Brand Group, owner of Charisma, the campaign will appear beginning in October in shelter and lifestyle magazines such as Elle Decor, House Beautiful, Traditional Home and Gotham, and will be featured online. In the advertising,More »