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Celebrations and Finds at Forty One Madison

41Mad_KostaBoda

NEW YORK–Buyers headed to the New York Tabletop Show here next month will have the chance to add to best-selling franchises while also sampling from scores of new products, new artists and new looks. At the fall edition of the show, Forty One Madison will mark its 40th anniversary. The building will honor some ofMore »

Last updated: September 22, 2014

NPD: Innovation—and Basic Needs—Drive Small Appliance Sales

NPD Group

PORT WASHINGTON, N.Y.–The U.S. small home appliance market grew 4 percent, to $19.6 billion, in the months from July 2013 through June 2014, according to market research firm The NPD Group, and the categories that gained the most sales during these 12 months were either centered around providing something new, or filling simpler needs. “InnovationMore »

Last updated: September 22, 2014

Current Trend at Ambiente: Small Electrics

2014 Ambiente

FRANKFURT, Germany–An increasing number of housewares vendors are plugging into the Ambiente fair here. According to show organizer Messe Frankfurt, the number of exhibitors from the small electrical appliances segment rose at the last two events, “a positive trend that is set to continue in 2015.” “More and more companies from this segment want toMore »

Last updated: September 22, 2014

Executive Shift at NY Now; Falkenberg Out

Randi Mohr

WHITE PLAINS, N.Y.–Emerald Expositions has restructured the senior leadership of NY Now, promoting Randi Mohr and Scott Kramer to the new positions of vice president, show directors, while Allison Garafalo has been promoted to sales director, all effective immediately. The role of senior vice president of NY Now, formerly held by Christian Falkenberg, has beenMore »

Last updated: September 19, 2014

Home Depot Security Breach Affects 56 Million Cards

Home Depot

ATLANTA–Home Depot said yesterday that as many as 56 million debit and credit cards may have been compromised during a five-month long security breach. The retailer said that it began an investigation into a possible security breach on Sept. 2, immediately after it received reports from its banking partners and law enforcement that criminals hadMore »

Last updated: September 19, 2014

Twin Star to Open Chinese Warehouse

TwinStarInternational2013

DELRAY BEACH, Fla.–Twin-Star International plans to open its first Far East warehouse to support its Sharetainer sales program, which allows retailers to mix their direct container shipments with a larger variety of Twin Star products, which range from electric heaters and fireplaces to wine coolers. The warehouse, based in Dalishan, Guandong Province, China, will beginMore »

Last updated: September 19, 2014

Tommy Hilfiger Home Hosts High Line Event

Tommy Hilfiger Terry Lundgren

NEW YORK–The stars were out last night—both the celeb version as well as the ones in the sky—as the second-annual High Line Art Dinner took place outdoors, underwritten by Tommy Hilfiger Home and hosted by Friends of the High Line. More than 200 guests attended the event, including Tommy and Dee Hilfiger, artists Jeff KoonsMore »

Last updated: September 18, 2014

Pier 1 Q2 Net Nearly Halved

Pier 1

FORT WORTH, Texas-Second-quarter net income for Pier 1 Imports fell 48.6 percent to $9.2 million, as increased expenses trumped a gain in sales. Selling, general and administrative expenses in the quarter, which ended on Aug. 30, jumped 10 percent in dollars and 120 basis points as a percentage of sales, to 32.2 percent. Gross marginMore »

Last updated: September 18, 2014