The news a few weeks ago that Walmart had set up a huge sourcing infrastructure in Asia and that it was going to aggressively expand the amount of direct importing it was doing was not just massive: it was Walmartian massive. I think in a few years the general merchandise industry will look back at … More »
NEW YORK–Bed Bath & Beyond will start selling a line of Real Simple household products starting in March, according to press reports. Real Simple products at Bed Bath & Beyond will include storage bins and closet organizers. Target already sells home-office branded products named after the women’s magazine.
ATLANTA–Sales of Remington-branded products totaled $162.8 million in the first fiscal quarter for Spectrum Brands, the brand’s parent company—an increase of 12.4 percent over the first fiscal quarter of 2009. The Remington gain helped Spectrum’s Global Batteries and Personal Care segment to a 10.1 percent increase in sales for the quarter, which reached $428.6 million. … More »
ST. PETERSBURG, Fla.–HSN has appointed Greg Henchel as executive vice president, general counsel and secretary, effective Feb. 15. Henchel will manage the company’s corporate legal strategy and oversee the legal department, reporting directly to Mindy Grossman, HSN, Inc., chief executive officer. Henchel joins HSN, Inc., from Tween Brands, Inc., where he served as senior vice … More »
NEW YORK–The International Furnishings and Design Association will present industry consultant Hermine Mariaux in “Maison & Objet Defines Home Trends for 2010.” The session is scheduled for Thursday, Feb. 25, at the New York Design Center. Mariaux will deliver visuals of her recent trip to the Paris trade show, with highlights of the products, fabrics … More »
ROSEMONT, Ill.–Steve Forbes, editor-in-chief of Forbes magazine and former presidential candidate, will speak at the annual Industry Breakfast of the International Housewares Association during the International Home & Housewares Show next month. Forbes, who has won awards for the accuracy of his economic predictions, will give his take on the future of the U.S. economy … More »
NEW YORK–Forty One Madison said it has “seen a steady increase in buyer traffic and showroom participation,” over the past three New York Gift Shows. “We experienced an up-tick in pre-registrations and have seen steady traffic including buyers from Canada,” said Laurie Burns, senior vice president, director. “Several of our high end showrooms, notably L’Objet … More »
NEW YORK–The Ninth Annual Architectural Digest Home Design Show is slated to take place next month at New York’s Pier 94, March 18 to 21, and will include more than 300 home furnishings companies, including manufacturers, retailers and design firms. The event will include a new section, called Outdoor Decor, filled with outdoor accessories and … More »