Author Archives: David Gill

David Gill

About David Gill

Senior Editor | dgill@hfnmag.com

Loss Mounts for EveryWare in Q3

EveryWare Global

LANCASTER, Ohio-Declining sales and rising expenses combined to send EveryWare Global much deeper in the red in the fiscal third quarter ending on Sept. 30. The company posted a net loss of $49.9 million, compared to its third-quarter net loss of $1.1 million one year ago. Sam Solomon, EveryWare’s CEO, said the results “reflect theMore »

Last updated: November 17, 2014

October Retail Sales Point to Strong Holiday Season

Census Bureau

WASHINGTON-U.S. retail sales in October, whose figures were issued this morning by the U.S. Bureau of the Census, provided an indication that this holiday shopping season could be a strong one, according to the National Retail Federation. The Census Bureau said total retail sales finished last month at an adjusted total of $444.5 billion, upMore »

Last updated: November 14, 2014

Blog: Grand Finale

Mark Grand

Yesterday was an occasion in which the textiles industry honored a person whose coming departure will make the business quite a bit poorer, and a lot less fun. Mark Grand, who will retire as of president of Peking Handicrafts at the end of this year, received the Carl Goldstein Lifetime Achievement Award from the HomeMore »

Last updated: November 14, 2014

Wolf Gourmet Housewares Line Launched

Wolf Gourmet

NEW YORK-Sub-Zero Group, parent of the Wolf Appliance brand, and Hamilton Beach debuted the Wolf Gourmet brand of kitchen products at an event here last night. The collection includes a 10-piece cookware set, a six-piece cutlery set (including kitchen scissors and honing steel), a countertop oven, a blender and two- and four-slice toasters. The productsMore »

Last updated: November 17, 2014

Dollars & Scents

Serene House

Aromatherapy diffusers are a new and growing niche in the home-comfort segment  By David Gill Consumers’ concerns about their health and wellness have led to growth in a variety of product categories—ranging from exercise machines to blood-pressure monitors, humidifiers and dehumidifiers, and massagers. One other product segment that has emerged from wellness worries, although fromMore »

Last updated: November 13, 2014

Consumer Electronics Stores Go Soft

P.C. Richard & Son

Regional chains adding mattresses and furniture By Mark Seavy Regional consumer electronics retailers are increasingly turning to mattresses and furniture to provide a bounce to their bottom line amid sagging television sales and profit margins, retailers said. Mattress brands like Serta, Sterns and Foster, Tempur-pedic and Sealy Posturpedic and furniture from Simmons, Jackson-Catnapper and Berkline thatMore »

Last updated: November 13, 2014

Walmart Net Slips in Q3; U.S. Comps Edge Up

Walmart

BENTONVILLE, Ark.-Rising expenses offset a gain in overall sales to reduce Walmart’s third-quarter net income by 0.6 percent, to $3.7 billion. Net sales for Walmart as a whole totaled $118.1 billion, up 2.8 percent from last year’s third quarter. Included in the overall figure were a 0.5 percent gain in same-store sales for Walmart U.S.More »

Last updated: November 13, 2014

J.C. Penney Slashes Q3 Loss; Home Scores a Win

JCPenney

PLANO, Texas-In a quarter in which the home department was a top performer, J.C. Penney slimmed its third-quarter net loss to from $489 million in last year’s third quarter to $188 million this year. Net sales were down 0.5 percent, totaling $2.8 billion and including a flat performance in same-store sales. But in a conferenceMore »

Last updated: November 13, 2014