Retail

Perfect Fit Acquired by Anderson Group

Perfect Fit Acquired by Anderson Group

CHARLOTTE, N.C.–Perfect Fit Industries has been purchased by The Anderson Group, a private-equity firm based in Bloomfield Hills, Mich. The purchase price was not disclosed. The acquisition, which an Anderson Group statement described as an “asset sale/purchase,” was accomplished by an entity called Perfect Fit Industries LLC, created by The Anderson Group for the purposeMore »

HFN’s New Phone Numbers

HFN’s New Phone Numbers

NEW YORK–The HFN editorial and sales staffs have new phone numbers. Our e-mail and mailing addresses have not changed. Here are the new phone numbers: Editorial Warren Shoulberg Editor & Associate Publisher 646-274-3537  Duke Ratliff Executive Editor 646-274-3538  Michael A. Gambardella Group Art Director 646-274-3583 David Gill Senior Editor 646-274-3574 Andrea Lillo Senior Editor 646-274-3576More »

Bed Bath & Beyond Net Jumps 58 Percent in First Quarter

Bed Bath & Beyond Net Jumps 58 Percent in First Quarter

UNION, N.J.–First-quarter net income for Bed Bath & Beyond reached $137.6 million, an increase of 58 percent over the bottom line in last year’s first quarter. The retailer’s performance came about from a 13.5 percent rise in first-quarter net sales, which totaled $1.9 billion and which included a whopping 8.4 percent gain in same-store salesMore »

A Conversation with Sue Kronick

A Conversation with Sue Kronick

“When I started at Bloomingdale’s I knew that the customer in Brooklyn didn’t buy patterns with birds.”   By Warren Shoulberg  Sue Kronick has never been bashful about speaking her mind. Whether she was detailing to a vendor why a certain decision had been made about that company’s products or telling a cub reporter whyMore »

Trade Show Preview: Up in the Air

Trade Show Preview: Up in the Air

The second half of the trade- show year is packed with must-see events, so start planning those business trips. Visit hfnmag.com/calendar for a full schedule, dates and contact  information. HousewaresFirst up is the Atlanta International Gift & Home Furnishings Market, from July 14 through July 21, which has featured the Gourmet/Housewares Product Center since JanuaryMore »

The Many Aisles of Vera Wang

The Many Aisles of Vera Wang

Spanning all the way from couture to Kohl’s, the iconic bridal brand marks its 20-year anniversary The special occasion Vera Wang is most often identified with is a wedding, but this year is different: the most special special occasion for her is an anniversary … as in the 20th anniversary of the designer’s debut inMore »

Free Webinar: How to Color the Recovery

Free Webinar: How to Color the Recovery

NEW YORK–Pantone color experts Lee Eiseman and Brooks Tippett will discuss how color can jump-start sales and improve profitability during HFN’s first-ever Webinar, scheduled for June 16 at noon. HFN Editor-in-Chief Warren Shoulberg will moderate the conversation, which is free to qualified members of the home-furnishings industry. Eiseman, executive director of the Pantone Color Institute,More »

Retail Container Traffic Forecast to Rise 15 Percent in June

Retail Container Traffic Forecast to Rise 15 Percent in June

WASHINGTON–Import cargo volume at the nation’s major retail container ports will increase by 15 percent this month over June 2009, according to a projection by the National Retail Federation and consulting firm Hackett Associates. The monthly Global Port Tracker report said container traffic this month should total 1.16 million 20-foot equivalent units (TEU). The TEUMore »