ATLANTA-Declining margins and rising costs, offsetting a major gain in revenues, drove a 56 percent drop in Aaron’s (NYSE: AAN) third-quarter net income, to $9.3 million. Operating expenses in the quarter, which ended on Sept. 30, jumped 28.7 percent in dollars, although as a percentage of revenues expenses were down 109 basis points to 47.3 … More »
BRISTOL, Penn.-Dennis Marton has been named senior vice president, marketing for all Lenox and Gorham brands. Marton succeeds Lou Scala, who left the company to join Nambe. Marton, who reports to Lenox president Lester Gribetz, previously served as vice president of sales.
WHITE PLAINS, N.Y.-The upcoming winter edition of NY Now will take place entirely in the Jacob K. Javits Convention Center in New York City, with the NY Now New! collection and Artisan Resource moving from Passenger Ship Terminal Pier 94 to the Javits Center. Along with moving these sections to the Javits Center, Emerald Expositions, … More »
NEW YORK-Tabletop company Euro Ceramica has signed a license agreement with Turner Classic Movies to bring a little bit of classic Hollywood magic to the table. The TCM tabletop collection will include everything from dishes and flatware to a full range of table linens and tabletop accessories. Each line will be inspired by a classic … More »
ATLANTA-Jamie Coward has joined Urban Expositions in the newly created position of sales manager for the California Gift Show. In her new role, Coward is assisting in the overall sales efforts for the semi-annual show, which takes place at the Los Angeles Convention Center. She will put a particular focus on the show’s Makers Market … More »
MINNEAPOLIS-Target has debuted a number of efforts for the holiday shopping season, which include exclusive gift items in a number of product categories, home being one of them. For shoppers, the retailer has introduced new and enhanced digital tools along with free shipping for all orders on target.com through Dec. 20. In addition, more than … More »
MINNEAPOLIS-With sales on the upswing, Select Comfort (NASDAQ: SCSS) reported a 16.3 percent gain in third-quarter net income, which totaled $23.6 million. Net sales increased by 22.6 percent to $323.4 million in the quarter, which ended on Sept. 27. In a conference call to financial analysts yesterday, Shelly Ibach, Select Comfort’s president and CEO, attributed … More »
ATLANTA-Newell Rubbermaid (NYSE: NWL) has closed its acquisition of bubba brands, the drinkware manufacturer that had been owned by In Zone Holdings. The purchase price was $83 million. bubba brands is expected to deliver more than $50 million in net sales this year. Michael Polk, Newell’s president and CEO, said, “We look forward to leveraging … More »