News

Walmart to Open 11 Supercenters Across Canada

Walmart Canada to Invest $450 Million in New Stores, DCs in New Fiscal Year

MISSISSAUGA, Ontario-Walmart Canada said it will open 11 supercenters across Canada by Jan. 29. The first six grand-opened yesterday—two on Prince Edward Island, one in Nova Scotia, one in Saskatchewan, one in Alberta and one in British Columbia. Five more will open on the 29th—two in Ontario, one in Quebec, on in Manitoba and oneMore »

Last updated: January 23, 2015

Libbey Unveils ‘Own the Moment’ Corporate Strategy

Libbey

TOLEDO, Ohio-Libbey introduced a new corporate strategy, called “Own the Moment,” at its 2015 Investor Day in New York City this morning. The corporate goals for “Own the Moment” include growing Libbey’s business by from 4 to 6 percent a year, with the target of achieving in excess of $1 billion in annual revenue byMore »

Last updated: January 23, 2015

NY Now Offers New App, Help for First-Time Buyers

NY Now

WHITE PLAINS, N.Y.- A new buyer promotion and a revamped mobile application will be offered at NY Now, which kicks off at the end of this month. Pre-Market, a free NY Now orientation webinar is available, on-demand, to help first-time attendees make efficient and effective use of their time at market. Subjects will include planning,More »

Last updated: January 23, 2015

Domotex Design Winners in Spotlight

Wool and Silk

HANNOVER, Germany-The 10th annual Carpet Design Awards were recently presented at Domotex, and included eight categories, as well as the one design most liked by Domotex visitors. The awards recognize exceptionally well-designed, high-quality handmade carpets, and for the first time this year were staged under the umbrella of Innovations@Domotex. The winning rug designs included suchMore »

Last updated: January 23, 2015

Family Dollar Opts for Dollar Tree over Dollar General

Family Dollar

MATTHEWS, N.C.-Family Dollar shareholders have overwhelmingly approved the company’s proposed merger with Dollar Tree, turning down Dollar General’s proposal to acquire its rival in a special Family Dollar shareholder vote held today. Based on a preliminary count of the votes cast, the vote in favor of the Dollar Tree deal represented 89 percent of theMore »

Last updated: January 22, 2015

Sneak Peek at Housewares in NY

IHA_Takenaka

NEW YORK-Companies exhibiting at March’s International Home + Housewares Show—first timers as well as long-time ones—previewed their introductions yesterday in a special media event given by International Housewares Association. The earthy, artisanal trend was seen in the cookware category at the preview. Bialetti, for example, showed Terracotta X-tra, which ties the feeling of old-world slowMore »

Last updated: January 22, 2015

Laura Ashley Partners with Victoria Classics for Decorative Pillows

Laura Ashley, Isaac Jacobs Sign Frame Deal

FORT MILL, S.C.-Laura Ashley has formed an alliance with Victoria Classics for a line of decorative pillows. The line will be designed to complement the brand’s other home furnishings. Penne Cairoli, president of Laura Ashley, said, “Decorative cushions allow consumers to experiment with pattern and color, to decorate fearlessly and to refresh their home decorMore »

Last updated: January 22, 2015

Rotmans Furniture CEO Launches Eco-Friendly Materials Distribution Firm

Steve Rotman

BOSTON–Steve Rotman, president and CEO of Rotmans Furniture, has launched Nature’s Home Solutions, a Boston-based distribution company to bring to market eco-friendly materials and components for use in home furnishings, apparel and other product categories. “As a retailer, we recognize our customers increasingly want natural, sustainable, allergy-friendly furnishings for their homes that are healthy, environmentallyMore »

Last updated: January 22, 2015