Retail

IHMRS Accepting Gold Key Award Entries

IHMRS Accepting Gold Key Award Entries

WHITE PLAINS, N.Y.–The International Hotel, Motel + Restaurant Show is accepting entries for the 31st annual Gold Key Awards for Excellence in Hospitality Design. The awards will be presented in eight categories: best hotel design, guest room, lobby/reception area, lounge/bar, restaurants/casual dining, restaurants/fine dining, spa and suite. Entries must be submitted by July 1, andMore »

Consumer Confidence Edges Up in April

Consumer Confidence Edges Up in April

NEW YORK–The consumer confidence index picked up 1.6 points in April, finishing the month at 65.4, making up partially for a sharp drop in the indicator in March. The consumers surveyed by The Conference Board, the provider of the monthly index, displayed somewhat rosier assessments of both current and future economic conditions. The two componentMore »

Iconix Sets Records for Net Income and Revenues in Q1

Iconix Sets Records for Net Income and Revenues in Q1

NEW YORK–The first quarter for Iconix Brand Group brought new records and strong growth in both net income and total revenues. The bottom line for the quarter, which ended March 31, grew 28 percent to $35.1 million, while revenues from licensing and other sources rose 29 percent to $92.4 million. Neil Cole, Iconix’s chairman andMore »

Ginsey Promotes Conte and Crozier, Tabs Robinson

Ginsey Promotes Conte and Crozier, Tabs Robinson

BELLMAWR, N.J.–Ginsey Home Solutions has elevated Guy Conte to senior vice president of sales and Bridget Crozier to vice president of sales, and has named Allen Robinson vice president of new business development, a newly created position. Conte joined Ginsey in 2009 as vice president of specialty sales, and Crozier has been with the companyMore »

Tuesday Morning Narrows Loss in Third Quarter

Tuesday Morning Narrows Loss in Third Quarter

DALLAS–Closeout retailer Tuesday Morning posted a third-quarter net loss of $3.6 million, as compared to the $4.3 million net loss reported in the third quarter of its last fiscal year. The company thinned out the red ink primarily thanks to a 13.5 percent increase in net sales, to $174.3 million, in the quarter. The salesMore »

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 »