Retail

HSN2 to Premiere in August

HSN2 to Premiere in August

ST. PETERSBURG, Fla.–HSN will debut HSN2, a second 24-hour television channel, on Aug. 1 on the DISH Network. The programming on the new channel will offer consumers an assortment of encore airings of HSN’s shows, products, brands and personalities, according to a statement from the television retailer. The second channel will be either complementary orMore »

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 Sales Slip in May

Retail Sales Slip in May

WASHINGTON–Sales at U.S. retailers finished May at $362.5 billion, down 1.2 percent from April sales, according to the monthly report from the U.S. Census Bureau released this morning. Although May sales fell back in comparison with April, they still rose 6.9 percent compared to May of 2009. Looking at the different distribution channels, sales atMore »

Gearhart Named Walmart Corporate Secretary

Gearhart Named Walmart Corporate Secretary

BENTONVILLE, Ark.–Jeff Gearhart, Walmart’s executive vice president and general counsel, has been promoted to the additional post of corporate secretary, effective Aug. 1. Reporting directly to Mike Duke, president and chief executive officer, Gearhart will assume the responsibilities over Walmart’s ethical-sourcing program. He will also maintain his current responsibilities over all of the company’s legalMore »

Dollar General Boosts Bottom Line by 64 Percent in First Quarter

Dollar General Boosts Bottom Line by 64 Percent in First Quarter

GOODLETTSVILLE, Tenn.–First-quarter net income ballooned by 64 percent for Dollar General, finishing at $136 million. The retail chain firmed its bottom line through a 12 percent gain in net sales for the quarter, totaling $3.1 billion, which included a 6.7 percent rise in its same-store sales. Also, Dollar General picked up 136 basis points 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 Sales Lackluster in May

Retail Sales Lackluster in May

NEW YORK—Same-store sales for the nation’s major retail chains picked up some—but not much—of the momentum they had lost in April. Leading the pack among the chains tracked by HFN was Costco, whose comparable-store sales rose 5 percent last month year over year, excluding gasoline sales (whose inclusion boosted the increase to 7 percent). TJXMore »

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 »