News

Tervis Grabs the Gridiron with Splatter Collection

Tervis Splatter tumblers

NORTH VENICE, Fla.–Football season is here and Tervis is on the ball with its new Splatter collection of plastic tumblers, putting a fresh spin on traditional NFL or collegiate team colors. “The splatter trend is a key element in the NFL’s graphics for the 2014 season,” said Dorothy Lierman, Tervis’ vice president of line development.More »

Last updated: September 11, 2014

Jura Expands 2014 Ad Campaign

The Jura Impressa Z9 One Touch TFT

CLOSTER, N.J.-Jura is enlarging its print advertising campaign with a 28 percent increase in insertions versus last year, and targeting publications such as The New York Times Magazine, Barron’s, Robb Report, Architectural Digest and Travel & Leisure. The campaign will showcase Jura’s Impressa Z9 One Touch TFT and Giga 5 coffee centers, and will featureMore »

Last updated: September 11, 2014

Bona US Opens Regional Training Center in Texas

Bona US

AURORA, Colo.-Bona US has opened a new regional training center, one of five training centers it has opened over the past few years, in Addison, Texas, north of Dallas. The 3,500-square-foot facility trains on the installation, sand and finish, and care of hardwood floors. It is geared toward educating distributors and contractors on the latestMore »

Last updated: September 11, 2014

Dollar General Gets “Hostile” in Family Dollar Takeover Bid

Dollar General

GOODLETTSVILLE, Tenn.-Having failed to get approval from the Family Dollar board, Dollar General has taken its $9.1 billion offer to acquire its dollar-store rival directly to the company’s shareholders (commonly referred to as a “hostile takeover bid”). The offer is essentially the same as the one turned down by the Family Dollar board last week.More »

Last updated: September 10, 2014

Ikea FY Sales Gain 5.9 Percent

IKEA

LEIDEN, The Netherlands-The Ikea Group posted a 5.9 percent increase in total sales for its fiscal year ending on Aug. 31, totaling €28.7 billion (about $37 billion, based on the exchange rate as of Sept. 8). A company statement said the retailer’s fastest-growing market for the year was China, while North America “continued to performMore »

Last updated: September 10, 2014

Stein Mart to Open Six Stores This Fall

Stein Mart

JACKSONVILLE, Fla.-Stein Mart will open six new locations this fall as part of its 2014 expansion plan, which calls for a total of nine new stores and seven relocations. The new stores are located in Albuquerque, N.M.; Carlsbad, Citrus Heights and Clovis, all in Calif.; Delray Beach, Fla.; and Gainesville, Va. In addition, Stein MartMore »

Last updated: September 10, 2014

Morgan Home to Make Hawaiian Tropic, Banana Boat Collections

Hawaiian Tropic

NEW YORK-Morgan Home Fashions has teamed with Energizer Personal Care, parent of the sun-care brands Hawaiian Tropic and Banana Boat, to produce beach textiles collections under both brands. The two lines will consist of beach towels, beach mats, totes and swim sacs. The 2015 spring and summer collections for both brands will be previewed byMore »

Last updated: September 10, 2014

Hooker Q2 Net Jumps 34.6 Percent

Hooker Furniture

MARTINSVILLE, Va.-Increased profitability from key segments offset a slight dip in overall sales to boost Hooker Furniture to a 34.6 percent gain in second-quarter net income, which totaled $2.3 million. According to Paul B. Toms Jr., Hooker’s chairman and CEO, the company posted profit increases in its casegoods and Sam Moore units, along with anMore »

Last updated: September 10, 2014