News

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

Atlanta Markets to Offer Lead Retrieval Devices

AmericasMartAtlanta_grad

ATLANTA–AmericasMart Atlanta has enhanced its market technology services to include new lead retrieval devices, allowing its permanent and temporary exhibitors the ability to track and optimize their at-market buyer traffic. Powered by Expo Logic, the lead retrieval devices will offer quick badge scanning, easy lead qualifying and note taking and organized follow up, and willMore »

Last updated: November 18, 2014

Haines to Leave as hhgregg Chief Merchandising Officer

hhgregg

INDIANAPOLIS-Jeffrey Haines, chief merchandising officer of hhgregg, has resigned for personal reasons, according to a filing by the retailer with the U.S. Securities and Exchange Commission. Haines joined hhgregg in March 2013. He has had more than 30 years experience in merchandising and advertising for retail companies, including 24 years with Sears in a numberMore »

Last updated: November 17, 2014

Loss Mounts for EveryWare in Q3

EveryWare Global

LANCASTER, Ohio-Declining sales and rising expenses combined to send EveryWare Global much deeper in the red in the fiscal third quarter ending on Sept. 30. The company posted a net loss of $49.9 million, compared to its third-quarter net loss of $1.1 million one year ago. Sam Solomon, EveryWare’s CEO, said the results “reflect theMore »

Last updated: November 17, 2014