Retail

FLOR Covers More Ground, Opening Stores in NYC, Atlanta

FLOR Covers More Ground, Opening Stores in NYC, Atlanta

More is in store for FLOR. The modular floorcovering company just opened its two newest locations — in New York and Atlanta — and plans to open more by year’s end. The New York store is located in the SoHo neighborhood, while the Atlanta store is in its Westside area. The company already has locationsMore »

Pier 1: Back to the Future

Pier 1: Back to the Future

By David Gill Retailing is fun again for Pier 1 Imports. For its most recent fiscal year, which ended on Feb. 26, the home-furnishings specialist posted some very enjoyable numbers. It reported an operating profit for the first time in six years, which brought the bottom line to a 15 percent jump over the lastMore »

In Full Color

In Full Color

By Andrea Lillo Color—while always a key ingredient in purchasing decisions—has gained a whole new level of importance, bringing bolder tones to the home furnishings arena. Attendees at this year’s trade shows have been hit with wave after wave of product introductions in a range of hues. “Color, color and color” was the response oneMore »

What Colors Designers’ Judgment

What Colors Designers’ Judgment

For designers of home furnishings, color inspiration is absorbed from many sources.  Known for his bold looks, designer Raymond Waites loves the colors found in such movies as Gosford Park, for example. “I’m an old movie buff,” he said, and the walls portrayed in many of these films have “such a great, warm background forMore »

Roundtable Set for Hospitality Expo

Roundtable Set for Hospitality Expo

ATLANTA–The Hotel Owners’ Roundtable, a session dealing with issues in the hotel business, will take place on May 19 during the upcoming Hospitality Design Exposition & Conference (HD Expo), to be held at the Sands Expo and Convention Center in Las Vegas May 18-20. The panel, consisting of executives with a number of hotel properties,More »

Sales Drop Brings First-Quarter Net Loss to Furniture Brands

Sales Drop Brings First-Quarter Net Loss to Furniture Brands

ST. LOUIS–A 7.6 percent fall in net sales brought a reversal to the bottom line of Furniture Brands International in its first quarter. The company posted a net loss of $3.1 million in the quarter, which ended on March 31 and which contrasted to first-quarter net income of $3.5 million in last year’s first quarter.More »

April Brings Revival in Same-Store Sales

April Brings Revival in Same-Store Sales

NEW YORK—The shift of Easter to late last month helped bring a powerful turnaround to same-store sales among the major retail chains tracked by HFN. Leading the pack was Target with a 13.1 percent pickup in same-stores sales. Surprisingly, Gregg Steinhafel, the discounter’s chairman, president and CEO, said this result was “somewhat below our expectations,”More »

Home Part of Target Missoni Collection

Home Part of Target Missoni Collection

MINNEAPOLIS–Home fashions will be among the products featured in the new Missoni for Target collection, which is slated to launch in September. The retailer has partnered with Missoni, the Italy-based luxury brand, on a collection that includes bedding, dinnerware, stationery and decor, along with apparel and accessories for women, men, girls and infants. Prices forMore »