News

Clipper to Make Allrecipes Housewares

Clipper

DES MOINES–Media giant Meredith Corporation (NYSE: MDP) has signed a licensing agreement with Clipper Corporation to manufacture a line of cookware, bakeware and kitchen gadgets under the Allrecipes brand that will debut at the International Home and Housewares Show in Chicago in March. Allrecipes is an online, food-centered social community that receives more than oneMore »

Last updated: November 18, 2014

Chris Collins Purchases Arte Italica

Chris Collins

SECAUCUS, N.J.-Chris Collins, president of Arte Italica, has purchased the company from Earl Skidmore. Arte Italica was established 17 years ago by Ann Skidmore, and she and her husband Earl had been very active in managing the company until her sudden death in June of this year, the company said. “I feel privileged to haveMore »

Last updated: November 18, 2014

Toys “R” Us Exec Named Brookstone CEO

Thomas Via

MERRIMACK, N.H.-Thomas Via, a veteran Toys “R” Us executive, will take the reigns as president and CEO of specialty retailer Brookstone on Dec. 1. Via, who has spent the last 12 years with Toys “R” Us, will also join the Brookstone board of directors on that date. He will succeed Steven Schwartz, who has servedMore »

Last updated: November 18, 2014

Home Depot Q3 Net Up 13.8 Percent

Home Depot

ATLANTA-Rising sales and controlled expenses helped boost The Home Depot to a 13.8 percent gain in third-quarter net income, which totaled $1.5 billion. Net sales in the quarter, which ended on Nov. 2, reached $20.5 billion, up 5.4 percent from last year’s third quarter. Included in the sales gain was a 5.2 percent increase inMore »

Last updated: November 18, 2014

Sales Gain but Net Drops in TJX’s Q3

TJX

FRAMINGHAM, Mass.-Despite an increase of 5.5 percent in total corporate net sales, The TJX Cos. reported a 4.4 percent drop in net income, to $595 million. The falloff in the bottom line was due primarily to a 41.8 percent increase in the company’s provision for income taxes. Net sales reached $7.4 billion and included anMore »

Last updated: November 18, 2014

Spenchian Tabbed to Head Tempur Sealy Marketing

Jay Spenchian

LEXINGTON, Ky.-Tempur Sealy has hired Jay Spenchian as its executive vice president and chief marketing officer, a newly created position for the mattress manufacturer. The move puts Spenchian in charge of all of the company’s marketing activities including brand management, new product development strategy, innovation, consumer insights, all forms of traditional and digital advertising, andMore »

Last updated: November 18, 2014

Gift & Home Decor Leasing Up at Las Vegas Market

LasVegasMarket_logo

LAS VEGAS–Las Vegas Market announced that its gift and home decor leasing activity continues to intensify, with leading vendors and new resources opening new showrooms for the upcoming winter market, running from Sunday, Jan. 18 through Thursday, Jan. 22. Ivystone is expanding its showroom space by 35 percent for the winter market, with a 31,500-square-footMore »

Last updated: November 18, 2014

AmericasMart Now Accepting AMCA Applications

America's Magnificent Carpets Award logoWEB

ATLANTA–AmericasMart is now accepting submissions for the 2015 America’s Magnificent Carpets Awards, which will take place during the Atlanta International Area Rug Market. The deadline for online submissions is Thursday, Dec. 25. The actual rugs must be delivered to AmericasMart by Monday, Dec. 29. The categories are: handhooked/handtufted, handknotted/flatweave, machine made, outdoor and licensee. ApplicationsMore »

Last updated: November 18, 2014