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  • Container Store Q4 Net Falls 28.9 Percent

    ContainerStorecorporateThe Container Store ended its fiscal year on Feb. 28 with a fourth-quarter decrease of 28.9 percent in net income, to $13 million. Net income for the fiscal year jumped 177.7 percent to $22.7 million, much of which owed to a deep reduction in stock-based compensation, a gain on the disposal of assets and reduced interest expense. Nevertheless, Container Store’s stock was hammered after the company announced its results yesterday, More

  • Consumer Confidence Drops in April

    Conference BoardReduced optimism about the economy, both currently and down the road, brought the consumer confidence index down 6.2 points in April, to 95.2, according to The Conference Board, which compiles the monthly indicator. After a dropoff in February, the index had rebounded last month to finish at 101.4. According to Lynn Franco, The Conference Board’s director of economic indicators, this month’s decline gave back the March pickup, and then some. More

  • Pickard Produces New White House Dinnerware

    WhiteHouseChinaFirstLadyWhen the president and first lady sit down to dine at the Japan State Dinner tonight, they will be eating off new White House dinnerware designed by Pickard China. The Obama State China Service is a simple banded pattern whose blue-green rim color, Kailua, was inspired by the waters of Hawaii, President Barack Obama’s native state. The gold-edged, Kailua rimmed pieces are featured on all of the pieces More

  • Transpac Relocates its Dallas Showroom

    TranspaclogoGift and home decor company Transpac Imports is relocating its Dallas Showroom from the International Trade Plaza to the Trade Mart this June. The new space, located in suite 1610, first floor, Dallas Trade Mart, is a 6,500-plus square-foot showroom located off the Grand Pavilion, where it will feature its holiday, harvest and Halloween 2015 product lines. More

  • Exhibit on Modernist Female Artists Opens Today at MAD

    Marianne Strengell Forecast RugThe Museum of Arts and Design (MAD) focuses on the contributions of women to modernism in postwar visual culture with the exhibit, “Pathmakers: Women in Art, Craft and Design, Midcentury and Today,” which opens today. Working in the 1950s and 1960s, when men dominated the painting, sculpture and architectural fields, women had extensive impact in alternative materials such as textiles, the museum said. More

  • IMC Proposes $12 to $14 IPO Price

    IMC_logoWEB.Showroom operator International Market Centers, which owns the World Market Center in Las Vegas and about 60 percent of High Point’s showroom space, has priced its initial public stock offering at $12 to $14 per share and said the IPO could raise more than $185 million. In a Securities and Exchange Commission filing Monday, IMC said it plans to sell at least 11.5 million shares. More

  • Nuloom to Exhibit at Las Vegas Market, Miami’s Maison&Objet

    NuLoom_logoRug manufacturer Nuloom will be a first-time exhibitor at two upcoming shows: Maison&Objet Americas in Miami next month, and August’s Las Vegas Market. In Las Vegas, Nuloom will exhibit in AF Lighting’s former location in Building A, space A406. The showroom is 3,000 square feet. More

  • Walker Edison’s Bonham Up for Entrepreneur Award

    Brad BonhamBrad Bonham, CEO of Walker Edison, is a finalist for the EY Entrepreneur of the Year 2015 Award in the Utah Region. The awards program recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities. Bonham was selected as a finalist by a panel of independent judges. More

  • Retail Scorecard: Food Prep

    Retail ScorecardHamilton Beach food processors were among the deals Walmart offered last week. The Hamilton Beach Bowl Scraper 10-Cup Food Processor was on sale for $34.01, down from $49.99. The Hamilton Beach Big Mouth Deluxe 14-Cup Food Processor could be had for $55 (was $79.99). The Hamilton Beach Stack & Snap 10-Cup Food Processor was priced down from $59.99 to $47.27. More

  • Blueair Teams with Volvo on Purifiers for Showrooms

    BlueairBlueair AB and Volvo Cars have reached an agreement whereby Blueair will supply air purifiers to Volvo showrooms around the world. A Blueair statement said the company has already begun to deliver purifiers to Volvo showrooms in China, Greece, Switzerland, Norway, Portugal and other markets. The auto maker selected the Blueair Pro series as its air purifier of choice, the statement said. More

  • Amazon Boosts Q1 Sales by 15.1 Percent

           Net sales for Amazon.com rose 15.1 percent to $22.7 billion for its first quarter ending on March 31, thanks to solid gains of 39.6 percent in net service sales and 8.8 percent in net product sales. The company posted a net loss of $57 million in the quarter, compared to net income of $108 million in its first quarter of last year. More

  • Ethan Allen Q3 Net Dives 51.8 Percent

           Third-quarter net income for Ethan Allen Interiors plummeted 51.8 percent to $2.5 million, in a quarter in which the company began the second phase of its product launches and continued its efforts to freshen up its design centers. Farooq Kathwari, chairman and CEO, said Ethan Allen has also been adding to its staff of retail managers and interior designers in North America. More