Author Archives: David Gill

David Gill

About David Gill

Senior Editor | dgill@hfnmag.com

Heimtextil Visitor Count Rises

heimtextil-2015

FRANKFURT, Germany-The total number of visitors to the just-completed Heimtextil trade fair was more than 68,000, about 3 percent greater than the attendee count from last year’s show, according to Messe Frankfurt, the show’s organizer. Heimtextil also recorded gains in other key categories, Messe Frankfurt said. Its 2,759 exhibitors from 68 countries topped last year’sMore »

Last updated: January 20, 2015

Michaels Q4 Sales Up

Michaels

IRVING, Texas-Preliminary results from home craft retailer Michaels show that fourth-quarter net sales are expected to range between $1.599 billion and $1.605 billion, with same store sales projected for an increase of from 0.8 to 1.2 percent. Net sales for the 11-week period from Nov. 2, 2014, to Jan. 17, 2015, gained 3.5 percent. Same-storeMore »

Last updated: January 20, 2015

Sears Canada Extends Offer to Help Target Canada Employees

SearsCanada

TORONTO-Sears Canada has made a two-way offer of help to Target Canada workers who will be affected by Target’s decision to exit its Canadian business, which was announced last week. Sears Canada is encouraging Target Canada employees interested in job opportunities with the former to visit its website, sears.ca, and click on the “Careers atMore »

Last updated: January 19, 2015

Retail Scorecard: Small Appliances

RetailScorecard_logo

NEW YORK-In the Dillard’s circular last week, a number of items were offered at permanently reduced prices. These included the Hurom Slow Juicer, reduced to $245.99 from $299.99; the KitchenAid Onyx Black 13-Cup Food processor and the KitchenAid Contour Silver 13-Cup Food Processor with Exact Slice, both reduced from $199.99 to $163.99; The Krups JuiceMore »

Last updated: January 19, 2015

NRF Forms Patent Reform Group

NRF

WASHINGTON-The National Retail Federation has created United for Patent Reform, a coalition of retailer and technology organizations, whose mission is to fight against what are known as “patent trolls.” As defined in an NRF statement, patent trolls are companies that buy “overly obscure, general or vague patents with the sole purpose of extracting licensing arrangementsMore »

Last updated: January 19, 2015

Target: Home a Key to U.S. Growth

Brian Cornell

MINNEAPOLIS-With the decision made to close its Canadian operation, Target will put its resources toward driving growth in its U.S. stores and online—an effort in which the home department should play a big part, according to Chairman and CEO Brian Cornell. Speaking yesterday on a conference call to financial analysts, Cornell mentioned home as aMore »

Last updated: January 16, 2015

Home Depot Names Menear Chairman

Craig Menear

ATLANTA-Craig Menear, The Home Depot’s president and CEO, has been elected chairman of the home improvement retailer, succeeding the retiring Frank Blake. Menear will assume his new role on Feb. 2. A 17-year Home Depot veteran, he was named president and CEO in November. A company statement said Menear is the first merchant to beMore »

Last updated: January 16, 2015

Atlanta Gift Market Posts Record Order Volume

AtlantaGiftHomeFurnMkt

ATLANTA-Exhibitors at the just-completed Atlanta International Gift & Home Furnishings Market reported their highest volume of buying since 2007, according to a statement from AmericasMart, where the show took place. The statement described order writing as “fast and furious” in just about all the product categories. The heightened activity was “propelled by surging retailer optimismMore »

Last updated: January 16, 2015