News

Keurig Cuts Deal for Bevyz Global

Keurig Green Mountain

WATERBURY, Vt.-Keurig Green Mountain, which owns 15 percent of MDS Global Holding (Bevyz Global), developer of a patented, single-portion multidrink system that dispenses a range of hot and cold beverages, has entered into an agreement to acquire the remaining equity of the company. The purchase price is about €178 million all in cash, or aboutMore »

Last updated: December 5, 2014

ICFF and Fiera Milano Team for HO.MI.

ICFF

NEW YORK-The International Contemporary Furniture Fair is combining with Fiera Milano to introduce HO.MI., a lifestyle exhibition featuring Italian designers and brands at this spring’s ICFF. More than 120 top Italian designers and brands who exhibit at the bi-annual HO.MI. Milano exhibition held at Fiera Milano in January and August will travel to New YorkMore »

Last updated: December 5, 2014

Sears Q3 Loss Rises as Sales Fall

Sears Holdings

HOFFMAN ESTATES, Ill.-Weak sales and low margins led Sears Holdings to a $548 million net loss in its fiscal third quarter, compared to a $534 million net loss in the third quarter of last year. Net sales in the quarter, which ended on Nov. 1, totaled $7.2 billion, down 12.9 percent from last year. TheMore »

Last updated: December 4, 2014

Pantone Names Marsala Color of the Year

Marsala is Pantone's Color of the Year.

CARLSTADT, N.J.–Pantone today announced Marsala, a naturally robust and earthy wine red, as the Color of the Year for 2015. “Much like the fortified wine that gives Marsala its name, this tasteful hue embodies the satisfying richness of a fulfilling meal, while its grounding red-brown roots emanate a sophisticated, natural earthiness,” said Leatrice Eiseman, executiveMore »

Last updated: December 4, 2014

Dollar General Net Ebbs Slightly in Q3, Still Pursuing Family Dollar

Dollar General

GOODLETTSVILLE, Tenn.-As the company reaffirmed its commitment to its proposed acquisition of Family Dollar, Dollar General reported third-quarter net income of $236.3 million, down 0.4 percent from last year’s third quarter. In the company’s statement on the third quarter, Chairman and CEO Rick Dreiling said Dollar General remains “committed to acquiring Family Dollar. We expectMore »

Last updated: December 4, 2014

Dobson to Manage Hermitage Lighting Gallery Showroom

Brad Dobson

NASHVILLE, Tenn.-Brad Dobson has been named the new showroom manager at Hermitage Lighting Gallery, reporting to Jack Fleischer, president. With almost 15 years of experience in the lighting industry, mostly on the manufacturing side, Dobson has worked both at the national and local lighting levels, the company said. Dobson’s national-perspective experience includes such positions asMore »

Last updated: December 4, 2014

Paragon Inks Deal with the Thomas Kinkade Company

Paragon Kincad

ALBERTVILLE, Ala.-Paragon has teamed up with the Thomas Kinkade Company to bring Kinkade’s signature artwork to a line of wall decor. It will launch at the January markets, including the Atlanta Gift & Home Furnishings Market, Dallas Total Home & Gift Market and Las Vegas Market. Initially, 11 pieces of work will debut and willMore »

Last updated: December 4, 2014

National Restaurant Association Predicts 2015 Culinary Trends

Artisan pickles are hot.

NEW YORK-The National Restaurant Association has released its “What’s Hot” report for 2015, which reports on the top culinary trends for the restaurant industry. Several familiar culinary trends continue into the new year, but as they mature, more sub-trends are surfacing, the NRA said. Environmental sustainability remains one of the hottest menu trends, the NRAMore »

Last updated: December 4, 2014