News

Celebrity Designers: Star Power

Donny Osmond

The sparkle and intrigue of the world of celebrity designers never seem to fade. New, trendy designers are consistently joining the ranks of well-known home furnishings designers. At the same time, famous designers who have stood the test of time continue to create, inspire—and expand their licensing agreements. Here, we spotlight some of our favoriteMore »

Last updated: November 13, 2014

Pasabahce Takes the Wraps Off Nude

Pasabahce Nude

By Allison Zisko Pasabahce has introduced a contemporary glassware brand to the American market called Nude that goes beyond the kitchen and the table and addresses a more modern lifestyle. The collection, which launched in Europe earlier this year and was shown at the New York Tabletop Show last month, includes products for the bedroomMore »

Last updated: November 13, 2014

Dollars & Scents

Serene House

Aromatherapy diffusers are a new and growing niche in the home-comfort segment  By David Gill Consumers’ concerns about their health and wellness have led to growth in a variety of product categories—ranging from exercise machines to blood-pressure monitors, humidifiers and dehumidifiers, and massagers. One other product segment that has emerged from wellness worries, although fromMore »

Last updated: November 13, 2014

Consumer Electronics Stores Go Soft

P.C. Richard & Son

Regional chains adding mattresses and furniture By Mark Seavy Regional consumer electronics retailers are increasingly turning to mattresses and furniture to provide a bounce to their bottom line amid sagging television sales and profit margins, retailers said. Mattress brands like Serta, Sterns and Foster, Tempur-pedic and Sealy Posturpedic and furniture from Simmons, Jackson-Catnapper and Berkline thatMore »

Last updated: November 13, 2014

Walmart Net Slips in Q3; U.S. Comps Edge Up

Walmart

BENTONVILLE, Ark.-Rising expenses offset a gain in overall sales to reduce Walmart’s third-quarter net income by 0.6 percent, to $3.7 billion. Net sales for Walmart as a whole totaled $118.1 billion, up 2.8 percent from last year’s third quarter. Included in the overall figure were a 0.5 percent gain in same-store sales for Walmart U.S.More »

Last updated: November 13, 2014

J.C. Penney Slashes Q3 Loss; Home Scores a Win

JCPenney

PLANO, Texas-In a quarter in which the home department was a top performer, J.C. Penney slimmed its third-quarter net loss to from $489 million in last year’s third quarter to $188 million this year. Net sales were down 0.5 percent, totaling $2.8 billion and including a flat performance in same-store sales. But in a conferenceMore »

Last updated: November 13, 2014

IMC’s Mitchell to Retire, Eckman Named EVP

Tom Mitchell

HIGH POINT, N.C.- International Market Centers announced that Tom Mitchell, president of home furnishings, will retire at the end of this year. Meanwhile, Scott Eckman has been promoted into a newly created position of executive vice president of marketing and furniture leasing. Mitchell has spent much of his career leasing space, managing operations and servingMore »

Last updated: November 13, 2014

Dillard’s Q3 Net Climbs in Face of Sales Drop

Dillard’s

LITTLE ROCK, Ark.-Dillard’s reported third-quarter net income of $55.2 million, up 8.4 percent, even though the retailer experienced a decline in sales in the quarter, which ended on Nov. 1. Net sales totaled $1.5 billion, down 7.4 percent from last year’s third quarter and including a drop of 1 percent in same-store sales. Home andMore »

Last updated: November 13, 2014