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SodaStream Q3 Net Plummets on Weak Sales

SodaStream

AIRPORT CITY, Israel-With many of its global markets under pressure, SodaStream reported a 42.3 percent fall in third-quarter net income, to $9.5 million. Net sales in the quarter, which ended on Sept. 30, slid by 12.9 percent to $125.9 million. The most pronounced sales decreases on a regional basis occurred in the Americas, where salesMore »

Last updated: October 29, 2014

NY Now Registration Opens

NY Now

WHITE PLAINS, N.Y.-Registration for the winter edition of NY Now is now open. The show will take place at the Jacob K. Javits Convention Center from Jan. 31-Feb. 4. Qualified members of the trade can register online, at nynow.com, at no cost, according to Emerald Expositions, which owns and manages the show. The show isMore »

Last updated: October 30, 2014

Macy’s First Store Outside U.S. to Open in Abu Dhabi

Print

CINCINNATI-Macy’s will open its first location outside of the United States in Abu Dhabi in 2018, as part of a strategic partnership with Al Tayer Group, a company based in the United Arab Emirates with diversified businesses. Also as part of this partnership, Bloomingdales’s will open its second international store location in Abu Dhabi inMore »

Last updated: October 28, 2014

Lowe’s to Open First Manhattan Stores

lowe's

MOORESVILLE, N.C.-Lowe’s will open its first two stores in Manhattan in the second half of next year. The stores will be located at 2008 Broadway, on the corner of West 68th Street; and 635 Sixth Avenue, at the corner of West 19th Street. Each store will measure about 30,000 square feet and will “offer productsMore »

Last updated: October 28, 2014

Retired Bradshaw Vice President Passes Away

Steve Ross

RANCHO CUCAMONGA, Calif.–Steve Ross, who served as senior vice president of sales at Bradshaw International until his retirement one year ago, passed away Oct. 18 after a two-month illness. Born in 1946, Ross first joined the Bradshaw Companies 40 years ago after a short stint as a high school teacher in Chicago. He began asMore »

Last updated: October 28, 2014

Container Store Debuts TCS Closets

The TCS Closets

DALLAS-The Container Store has conducted a pilot launch of its new closet line, TCS Closets, which began yesterday at its seven Dallas-Fort Worth area stores. The specialty retailer also plans to roll out the new line to the rest of its stores by the end of 2015. TCS Closets feature thick-profile construction in six exclusiveMore »

Last updated: October 28, 2014

MSLO Q3 Net Loss Rises as Revenues Spiral Downward

MSLO

NEW YORK-The third-quarter net loss for Martha Stewart Living Omnimedia (MSLO) widened to $10.9 million from $4.3 million in last year’s third quarter, as revenues from all three business segments fell. Total net revenues in the quarter, which ended on Sept. 30, were $29.8 million, down 11.9 percent. Merchandising revenues (which include the company’s homeMore »

Last updated: October 28, 2014