Newell Rubbermaid Q3 Sales Edge Up

Newell Rubbermaid

ATLANTA-Newell Rubbermaid posted net sales of $1.5 billion in its fiscal third quarter, up 1.3 percent from last year’s third quarter, in what President and CEO Michael Polk characterized as a “solid” performance. Net income in the quarter, which ended on Sept. 30, fell 36.7 percent to $122.3 million. Last year’s third quarter included netMore »

Last updated: October 31, 2014

Tempur Sealy Sales Up 12.5 Percent in Q3


LEXINGTON, Ky.-Thanks to double-digit sales gains from all regions, Tempur Sealy posted a net sales increase of 12.5 percent, to $827.4 million, in its fiscal third quarter ending on Sept. 30. Net income fell 7.7 percent to $37.1 million, due to a tax item associated with the repatriation of foreign earnings. In addition, profit droppedMore »

Last updated: October 31, 2014

NY Now Prepares New York-Centric Events

NY Now

WHITE PLAINS, N.Y.–The winter of NY Now will host three Only in New York events, including  a Night on Broadway, Gift for Life’s annual industry fundraiser, and discounted museum admission during Market Week. “NY Now capitalizes on its location to deliver unparalleled after-hours opportunities to market attendees,” said Randi Mohr, NY Now co-director and viceMore »

Last updated: October 31, 2014

The Grommet Wholesale Makes its Dallas Debut This January

Grommet Wholesale

DALLAS–The Grommet Wholesale, a platform for launching new and innovative products, will debut at Dallas Market Center this January at the Dallas Temp Show, Jan. 15-18, which is during Total Home & Gift Market, Jan. 14-20, 2015. The Grommet’s mission is to launch undiscovered products and help them succeed. It has launched more than 2,000More »

Last updated: October 31, 2014

Hudson Valley Lighting Breaks Ground on New HQ


NEWBURGH, N.Y.–Hudson Valley Lighting recently broke ground on what will be its new world headquarters here. David Littman, founder and president of Hudson Valley Lighting, celebrated the event with such elected city officials as Congressman Sean Patrick Maloney, Senator Bill Larkin and City of Newburgh Mayor Judy Kennedy. Planned to be 140,000 square feet, theMore »

Last updated: October 31, 2014

Godinger to Open Forty One Madison Showroom


NEW YORK–The Godinger Group has signed a long-term lease with New York permanent showroom building Forty One Madison, where it will occupy roughly 13,000 square feet on the 27th floor. About 70 percent of the showroom will be used by Godinger and the remaining 30 percent will be filled by Home Essentials. Forty One MadisonMore »

Last updated: October 30, 2014

hhgregg Posts $10.4 Million Q2 Loss


INDIANAPOLIS-Due to a double-digit drop in sales, hhgregg’s fiscal second quarter produced a net loss of $10.4 million, compared to net income of $3.7 million in last year’s second quarter. Net sales in the quarter, which ended on Sept. 30, totaled $505.9 million, down 11 percent from last year and including a drop of 11.4More »

Last updated: October 30, 2014

Hamilton Beach Q3 Net Falls 19.1 Percent

Hamilton Beach

CLEVELAND-The absence of a pretax benefit, which was included in last year’s third quarter, led Hamilton Beach to a 19.1 percent decrease in third-quarter net income this year, to $6 million. The benefit in last year’s third quarter was related to a commitment by a third party (unnamed in a statement by NACCO Industries, HamiltonMore »

Last updated: October 30, 2014