Retail

J.C. Penney to Slim Energy Use 20 Percent by 2015

J.C. Penney to Slim Energy Use 20 Percent by 2015

PLANO, Texas–J.C. Penney has set a corporate goal to reduce the energy consumption at its facilities by 20 percent per gross square foot by 2015. In a statement, the department-store retailer said it will reach this goal by improvements in energy efficiency and by accelerating its company culture, which advocates and practices conservation. J.C. PenneyMore »

Giordano Named RoomPlace CEO

Giordano Named RoomPlace CEO

LOMBARD, Ill.–Midwest furniture retailer The RoomPlace has appointed industry veteran Steve Giordano as its new chief executive officer, effective May 10.  Giordano will be joining The RoomPlace from The Room Store, where he had been chief operating officer. Giordano is succeeding Dan Powell who was named acting CEO in November. No further information was available.More »

Williams-Sonoma Bows Cookbook Club

Williams-Sonoma Bows Cookbook Club

SAN FRANCISCO–A select number of Williams-Sonoma stores will debut a three-month-long cookbook club, where attendees will be able to learn recipes based on the book of the month. Led by in-store professionals, the classes will feature cooking tips and techniques and a three-course tasting menu, and participants will receive 10 percent off all of their storeMore »

Kohl’s Employees Join in Fight Against Breast Cancer

Kohl’s Employees Join in Fight Against Breast Cancer

MENOMONEE FALLS, Wis.–Associates of Kohl’s, along with family members and friends, participated in the American Cancer Society’s Making Strides Against Breast Cancer walk in downtown Milwaukee on May 1. The effort included employees at Kohl’s corporate headquarters and from local Kohl’s stores in Wisconsin and Illinois—who made the walk and formed a human pink ribbonMore »

iRobot Posts $6.2 Million Net in First Quarter

iRobot Posts $6.2 Million Net in First Quarter

BEDFORD, Mass.—iRobot, manufacturer of home robots such as the Roomba line of vacuum cleaners, reported first-quarter net income of $6.2 million, reversing a $1.8 million net loss from the first quarter of last year. The turnaround was part of a quarterly performance which exceeded the company’s expectations, according to Colin Angle, chairman and chief executiveMore »

2010 State of the Industry Report Released

2010 State of the Industry Report Released

NEW YORK–HFN’s 2010 State of the Industry Report—the only all-encompassing statistical source on home furnishings data—has been released and is now available for free online at our Web site, hfnmag.com. The 2010 report is presented online by the New York International Gift Fair. The report, also included in the April print edition of HFN, featuresMore »

Report: Sears Marketing Chief Resigns

Report: Sears Marketing Chief Resigns

HOFFMAN ESTATES, Ill.–Richard Gerstein, Sears’ top marketing chief, resigned this week, according to a report in the Chicago Tribune. Gerstein has been with the company since 2007. His last official day will be May 7, according to the report. Until a permanent replacement is found, marketing duties will be led by Scott Friedman, executive viceMore »

Non-Cash Charges Lead to Loss for Jarden in First Quarter

Non-Cash Charges Lead to Loss for Jarden in First Quarter

RYE, N.Y.–Due to two non-cash charges, Jarden posted a loss of $59 million in its first fiscal quarter of 2010. In its statement reviewing the results for the quarter, the company said it took a charge of $21.5 million associated with the devaluation of the Venezuelan bolivar, and one of $56.6 million resulting from anMore »