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  • EveryWare to File Prepackaged Chapter 11 Bankruptcy Plan

    everywarelogoEveryWare Global has entered into a prepackaged Chapter 11 bankruptcy process which it said will lead to a restructuring of its balance sheet and eventually reduce its long-term debt. In a statement, the company said it expects to file the Chapter 11 bankruptcy in the U.S. Bankruptcy Court, District of Delaware. The statement also said EveryWare expects to emerge from the bankruptcy within 60 to 75 days. More

  • Consumer Confidence Rebounds in March

    conferenceboardlogoAfter dropping February, the consumer confidence index returned to an upward path in March by gaining 2.5 points to finish at 101.3, according to The Conference Board, which compiles the monthly indicator. The fuel behind the index’s gain came from consumers’ positive outlook over the next six months. The expectations index, one of the two component indexes to the overall number, picked up six points to finish at 96. More

  • Sears Moves Toward REIT Formation

    searsholdingslogoSears Holdings has taken another step toward the formation of a real estate investment trust (REIT), which would purchase a number of Sears and Kmart stores and lease them back to Sears Holdings. In connection with Sears Holdings’ exploration of forming the REIT, Seritage Growth Properties, a Maryland trust formed by the company, has filed a registration statement with the More

  • PBteen Debuts Kelly Slater Line

    pbteenkellyslaterWilliams-Sonoma’s PBteen brand has launched its collaboration with Kelly Slater, the 11-time world surfing champion, with a capsule collection of eco-friendly home furnishings that is available on pbteen.com/kellyslater today. The collection comprises more than 40 pieces, including furniture built with wood certified by the Forest Stewardship Council, rugs made with recycled fibers and bedding produced with certified 100 percent organic cotton. More

  • Helen of Troy Buys Vicks VapoSteam Business

    helenoftroylogoHelen of Troy has purchased the Vicks VapoSteam U.S. liquid-inhalant business from The Procter & Gamble Co. In a related transaction, Helen of Troy also acquired a fully paid-up license of P&G’s Vicks VapoPad trademarks for scent pads in the United States. According to a Helen of Troy statement, the vast majority of Vicks VapoSteam and VapoPads are used in Vicks humidifiers, vaporizers and other health-care devices which Helen of Troy already markets. More

  • Surya to Host Multiple Events During High Point Market

    suryalogoAt this month’s High Point Market, Surya will be hosting several educational events as well as opportunities to network and relax. Its showroom is in Showplace, #4100. On the first day of market, Saturday, April 18 at 10 a.m., Carolyn Noble of Sherwin-Williams will discuss trends and color research in the presentation “Colormix 2015 – Optimistic Odyssey.” More

  • Reports: Target to Speed Up Canada Exit

    TargetTarget is exiting Canada even faster than it had originally planned, according to a number of reports. According to a story on star.com, the website of the Toronto Star, a Canadian court-appointed monitor who is overseeing the mass merchant’s departure from north of the border said all 133 Target Canada locations will be permanently shut down as early as mid-April—a month ahead of schedule. More

  • High Point Market Offers Full Educational Seminar Schedule

    High Point MarketThe educational seminars at next month’s High Point Market will range from a progressive breakfast tour of sustainable furnishings to how furniture will be bought in 2020. Here are a sample of the seminars scheduled to take place at market. More

  • NY Now Appoints New Board Members

    NYNowlogoTwo retailers and three vendors have been newly appointed to the nine-member advisory board of NY Now. Newcomers include exhibitors Glen Biely of The Madison Park Group, Tina Frey of Tina Frey Designs and Paul Stewart-Stand from Stewart/Stand. Retailers joining the board include Tara Riceberg of Tweak and Ron Robinson of Ron Robinson. More

  • Leggett & Platt’s Fashion Bed Group Nearly Triples Showroom Space

    Fashion Bed GroupBedding accessory company Fashion Bed Group, part of Leggett & Platt, is nearly tripling the size of its exhibit space at High Point Market this spring, showcasing a complete line of bedding accessory products across more than 13,700 square feet of space on the 11th floor of the International Home Furnishings building (IHFC H1141). More

  • Keurig’s Kelley Joins Board of Save the Children

    Brian KelleyBrian Kelley, president and CEO of Keurig Green Mountain, has been elected to the board of trustees for Save the Children, the global humanitarian and relief organization. Carolyn Miles, Save the Children’s president and CEO, said, “Keurig has been a generous partner to Save the Children, and we greatly value Brian’s extraordinary management expertise.” More

  • Generation Brands Names Vollmer President, Chief Sales Officer

    Matthew VollmerGeneration Brands, the parent company for Feiss-Monte Carlo, LBL Lighting, Tech Lighting and Sea Gull Lighting, has promoted Matt Vollmer to president and chief sales officer. Vollmer has been with the company for more than 13 years. A year ago, he became president of Feiss-Monte Carlo in addition to his then-current roles of president of both Sea Gull Lighting and Ambiance Lighting Systems. More