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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 »

Best Buy Theater to Light Up Times Square

Best Buy Theater to Light Up Times Square

NEW  YORK—The Nokia Theater, which opened in Times Square in 2005, will be renamed the Best Buy Theater next month. Best Buy will receive prominent logo placement throughout the 2,100-seat David Rockwell-designed theater. Best Buy’s production arm Yellow Tag Productions will produce theater-specific content to run inside and outside the theater. The theater’s name willMore »

Walmart Net Rises 3.6 Percent in Second Quarter

Walmart Net Rises 3.6 Percent in Second Quarter

BENTONVILLE, Ark.–Net income for Walmart finished the second quarter at $3.6 billion, up 3.6 percent from the second quarter of 2009. The world’s largest retailer posted a net sales gain of 2.8 percent to $103 billion in the quarter, which included an 11 percent jump in international sales. Driving global sales were strong growth inMore »

Second-Quarter Profit Up 6.8 Percent for Home Depot

Second-Quarter Profit Up 6.8 Percent for Home Depot

ATLANTA–Home Depot registered net income of $1.2 billion for the second quarter, up 6.8 percent from the 2009 second quarter. Expense control proved to be the key to the enhanced bottom line for the nation’s largest home-improvement retailer. Home Depot’s total operating expenses dropped 0.5 percent, and its gross margin firmed by 42 basis pointsMore »

Net Loss Rises for Spectrum Brands in Third Quarter

Net Loss Rises for Spectrum Brands in Third Quarter

MADISON, Wis.–For the third quarter which saw the closing of the company’s merger with Russell Hobbs, Spectrum Brands reported a loss of $86.5 million, up from the third-quarter loss of $36.5 million last year. The merger played a central role in the reddening in the company’s bottom line, according to a Spectrum statement. Cash andMore »

Housewares Show to Add Discover Design Category at the 2011 Show

Housewares Show to Add Discover Design Category at the 2011 Show

ROSEMONT, Ill.–The International Housewares Association will add a new category called Discover Design at the next International Home + Housewares Show, which is scheduled for March 6-8, 2011. The category will be located in the Tabletop, Kitchen Essentials + Accents section in the Dine + Design Expo in the South building of McCormick Place. InMore »