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  • NY Now Starts Now

    NY NowNEW YORK-NY Now gets underway here this weekend, with the Handmade division opening today at the Jacob C. Javits Center, and the Home and Lifestyle divisions, as well as the concurrent Artisan Resource Show, opening tomorrow.More than 100,000 products in more than 400 categories will bring an expected 50,000 attendees from the U.S and abroad, according to show owner and organizer Emerald Expositions. And while the looks and styles will vary, expect to see an emphasis on artisanal, handcrafted... More

  • Amazon Goes from Profit to Loss in FY

    AmazonSEATTLE-In spite of a net sales gain of 19.5 percent to $89 billion, Amazon.com posted a net loss of $241 million for its fiscal year ending on Dec. 31, as opposed to net income of $274 million for the prior fiscal year.Increased operating expenses offset the sales increase for the year. In dollars, operating expenses were up 33.5 percent, and as a percentage of sales, operating expenses jumped 305 basis points to 29.3 percent. Costs of fulfillment, marketing, technology and content, and gene... More

  • PBteen Partners with Kelly Slater on Home Line

    KellySlater_PBteen.jpgSAN FRANCISCO-William-Sonoma's PBteen brand has begun an exclusive collaboration with Kelly Slater, an 11-time world surfing champion, for a collection of home furnishings. The product categories will include furniture, bedding, lighting, wall art and decorative accessories, all designed for the tween and teen markets. All of the products will be made of sustainable materials and recycled fabrics, including furniture made of wood certified by the Forest Stewardship Council, rugs made with re... More

  • Tuesday Morning Profit Jumps in Q2

    Tuesday MorningDALLAS-With sales and margins heading up and costs relatively in check, Tuesday Morning reported a 33.9 percent increase in second-quarter net income, which totaled $23.7 million.Net sales in the quarter, which ended on Dec. 31, finished at $301.4 million, up 5.5 percent and including a 7.6 percent gain in same-store sales. Gross margin gained 80 basis points to 36.2 percent. Selling, general and administrative expenses rose 4.7 percent in dollars but were down 20 basis points as a percentage... More

  • NY Now Names Tabletop, Housewares Award Winners

    SavoraBerryColander.jpgNEW YORK-Five NY Now exhibitors have won Tabletop + Gourmet Housewares Best New Product Awards, with Sagaform's Mini Greenhouse Planter recognized as Best of Market. Winners and finalists in each category were selected by a panel of editors based on innovative design, creative use of materials/construction and use of new materials/technology. In the cookware category, French Bull won for The Super Cooker, made for gas stoves, hot plates, the oven and microwave. In the dining category, Q Squa... More

  • Creative Bath Tabs Lu Cushing Associates

    CreativeBath.jpgCENTRAL ISLIP, N.Y.-Creative Bath Products has named Lu Cushing Associates as its sales representative firm for the southeast region of the United States.As part of the arrangement, the manufacturer will occupy 1,000 square feet of Lu Cushing's new showroom in AmericasMart in Atlanta--a space that in total encompasses about 3,000 square feet. That section will feature Creative Bath's decorative bath ensembles, its Creative Ware brand of housewares, storage and organization products, and a lin... More

  • StoreBound to Offer PancakeBot Food Printer

    StoreBound_PancakeBot.jpgNEW YORK-StoreBound said it is planning to launch the PancakeBot, which it describes as the world's first sub-$200 food printer, at the International Home + Housewares Show in March.PancakeBot is a three-dimensional food printer that can "print" pancakes by automatically dispensing batter onto a griddle, in a shape of the user's choosing. It is the invention of Miguel Valenzuela, who built the first PancakeBot in 2010 for his daughters after being inspired by a magazine article describing a m... More

  • Rental Boom

    H02-rentAF_PATH.jpgWhat does the rental spike mean for home furnishings? HFN Staff Report While the housing market continues to make a painfully slow recovery from the Great Recession, the rental market is booming. Over the summer, apartment construction climbed to a 25-year high, according to the U.S. Census Bureau. Meanwhile, The National Association of Realtors predicted that renter households, currently just below 40 million, will increase by 5-6 million over the next decade. Is the increase in rental home... More

  • Sears Cuts HQ, Corporate Support Staff

    Sears HoldingsHOFFMAN ESTATES, Ill.-Sears Holdings has eliminated more than 100 positions from its headquarters and other corporate-support locations, according to a statement from the company.The statement, emailed to HFN from Howard Riefs, director of corporate communications, said the retail holding company, parent of Sears and Kmart, has done away with about 100 positions at its headquarters here, and about 15 positions at the corporate-support locations, effective immediately."This represents a mix of... More

  • Baker, Head of Ross' dd's Discounts, Departs

    Ross StoresDUBLIN, Calif.-Doug Baker, president and chief merchandising officer of Ross Stores's dd's Discounts unit, is leaving the company.Neither a Ross statement nor a filing with the U.S. Securities and Exchange Commission gave a reason for Baker's departure. The statement said the senior merchandising executives at dd's Discounts will report to Michael Balmuth, executive chairman of Ross, while the company conducts a search for a successor.Baker, who (according to an executive biography from Reute... More

  • hhgregg Q3 Sales Fall; Net Loss Totals $86.9 Million

    hhgreggINDIANAPOLIS-With comparable-store sales down in all of its product categories, hhgregg reported a sales drop of 5.9 percent in its fiscal third quarter, to $665.6 million.The top line included a decrease in same-store sales of 6.3 percent. Because of a one-time, noncash charge of $43 million for impairment to property, plant and equipment, hhgregg also posted a net loss of $86.9 million in the quarter, which ended on Dec. 31. In last year's third quarter, hhgregg reported net income of $5 mi... More

  • Clipper Obtains 'Chopped' License

    ClipperCorpLOS ANGELES-Clipper Corporation has signed a license agreement with production company Notional to manufacture a collection of "Chopped"-inspired kitchen products that will launch at the International Home & Housewares show in March.The collection will include cookware, bakeware, cutlery and gadgets."Chopped engages a wide variety of culinary enthusiasts, from professional chefs to avid home cooks," said Lina Hu, founder, chairman and CEO of Clipper. "The program is near and dear to families ... More