Retail

Luxury Market Prospects Mixed in Second Quarter

Luxury Market Prospects Mixed in Second Quarter

STEVENS, Pa.–While a key indicator of luxury spending has gained ground in the second quarter, spending on luxury products has continued to lag since the beginning of this year, according to the latest luxury consumption index survey from Unity Marketing. The luxury consumption index in the second quarter picked up 6.7 points to reach 82.8,More »

National Kitchen & Bath Association Relaunches Website

National Kitchen & Bath Association Relaunches Website

HACKETTSTOWN, N.J.–The National Kitchen & Bath Association is launching an improved website at the 2011 Kitchen & Bath Industry Show, which begins today in Las Vegas. The site, nkba.org, is designed to enhance the experience of both consumers and professionals through improved navigation and easy access to information “The new nkba.org features the latest trendsMore »

Boscov’s Appoints Vice Chairman

Boscov’s Appoints Vice Chairman

READING, Pa.–Boscov’s Department Store has named Jim Boscov vice chairman of the company. “We’re gratified that Boscov’s will remain a family business,” said Albert Boscov, chairman and CEO of the department store chain. “With Jim’s retail experience, intelligence and people skills, he was a natural choice. While I have no plans to retire, I wantMore »

Darling to Keynote Licensing Expo

Darling to Keynote Licensing Expo

NEW YORK–Rick Darling, president of Li & Fung’s LF USA subsidiary, will deliver the keynote address at the Licensing International Expo in June. The keynote session will launch the trade show, which is scheduled for June 14-16 at the Mandalay Bay Convention Center in Las Vegas. Darling oversees LF USA’s U.S. business, which includes licensedMore »

Pantone Releases Large-Format Plastic Color Chips

Pantone Releases Large-Format Plastic Color Chips

CARLSTADT, N.J.–Pantone has made large-format Pantone Plastic Standard Chips available to designers and others in the trade, making color specifications easier and more efficient, the company said. With the ability to match all 3,400 standard Pantone colors in the Pantone Plus Series and Pantone Fashion + Home Color System Libraries, Pantone Plastic Standard Chips provideMore »

Four Students Named designext Winners

Four Students Named designext Winners

WHITE PLAINS, N.Y.–Four student designers have been designated winners of the Surtex designext competition. The winners are Keia Barua of the fibers department at Savannah College of Art and design; Jane Bridges of the department of contemporary surface design and textiles at the Bradford School of Arts & Media in the United Kingdom; Melodie FlookMore »

Walmart Acquires Social-Media Firm Kosmix

Walmart Acquires Social-Media Firm Kosmix

BENTONVILLE, Ark.–Walmart has reached a definitive agreement to purchase Kosmix, a developer of social-media technology—thus signaling its intent to put more resources into its social-networking and mobile-commerce efforts. Based in Mountain View, Calif., Kosmix is the creator of a platform that searches and analyzes connections in real-time data streams, which delivers highly personalized insights toMore »

Wurl Named to Head Merchandising for Big Lots

Wurl Named to Head Merchandising for Big Lots

COLUMBUS, Ohio–Doug Wurl has been appointed executive vice president of merchandising for Big Lots. Wurl thus assumes responsibility for the closeout value retailer’s merchandising organization, and oversees the company’s initiatives toward furthering the scope and breadth of its global sourcing efforts. He reports directly to Steve Fishman, chairman, president and CEO. Bob Segal and StevenMore »