Headlines
The International Housewares Association held its Inspired Home holiday event in New York yesterday, June 9. The event showcased fresh faces and fresh ideas pacing a changing market with new housewares solutions in food prep, kitchen electrics, food storage and beverageware.
Friday June 10th, 2016 - 1:10PM
Restoration Hardware said it was continuing to be pressured by headwinds in the luxury market, posting a first quarter net loss as the company worked to roll out its RH Modern collection and membership program.
Thursday June 9th, 2016 - 10:57AM
Vietri Inc. has appointed Bill Roberts CEO. He succeeds Vietri founder Susan Gravely, who will remain on the executive team and board of directors as chairman and head of product development.
Wednesday June 8th, 2016 - 3:52PM
Michaels increased its net sales and income in the first quarter, beating estimates, but comps lagged. The retailer also launched a search for a new chief financial officer.
Wednesday June 8th, 2016 - 10:08AM
Import cargo volume at the nation’s major retail container ports is expected to be mostly down through the summer but should see an uptick just before the winter holiday season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Tuesday June 7th, 2016 - 5:36PM
West Elm stores across North America will host the company’s first Local Showcase, designed to provide a forum for makers to share their stories and present products at their local West Elm stores.
Tuesday June 7th, 2016 - 11:52AM
Sales should increase in the 2016 back-to-school shopping season, market research firm eMarketer stated, with online revenue gains significantly outpacing the rest of the market.
Tuesday June 7th, 2016 - 11:45AM
The Housewares Design Awards, presented by HOMEWORLD BUSINESS® to honor product design excellence and innovation, returns with a new host partner and awards gala venue.
Tuesday June 7th, 2016 - 11:11AM
A year ago, Target debuted a store concept the company dubbed Target Open House in San Francisco, designed to function as part retail space, part learning lab, part meeting venue for the connected home technology community. Now, the company is taking an example of what it has initiated there and testing it in a traditional Target store.
Friday June 3rd, 2016 - 2:39PM
Legacy Companies Acquires EdgeCraft
The Legacy Companies has acquired EdgeCraft Corporation, owners of the Chef'sChoice brand.
Friday June 3rd, 2016 - 2:37PM
Wal-Mart CFO: Growth Strategy Investments Paying Dividends
In his presentation today, June 3, at the Wal-Mart Stores annual shareholders meeting, Brett Biggs, evp and CFO, said internal investments the company is making are paying off. He also declared that the company's omnichannel strategy will prove critical to its ability to continue serving consumers in a more diverse retail marketplace.
Friday June 3rd, 2016 - 12:03PM
DeLonghi Group is relaunching the Braun brand into the kitchen electrics segment with an appliance assortment that includes a hand blender, countertop blender and drip coffeemaker.
Thursday June 2nd, 2016 - 9:41AM
Sargent Steps Down, Staples Starts CEO Search
After ending its acquisition of Office Depot, Staples has announced that its board of directors and CEO Ron Sargent have mutually agreed that he will step down from his position after the company’s annual meeting of shareholders on June 14.
Wednesday June 1st, 2016 - 9:04AM
Las Vegas Market Expands Gourmet Housewares Lineup
The Las Vegas Market continues to expand its gift-oriented housewares, tabletop and specialty food resources for the summer market. The expansion on C11, a floor in the World Market Center complex devoted to gifting housewares, tabletop and specialty food, will encompass nine new showrooms and 25 new product lines.
Wednesday June 1st, 2016 - 5:23PM
After refocusing its product development and marketing efforts in recent years on sparkling water, SodaStream is tapping into a new beverage segment with the launch of its Beer Bar.
Tuesday May 31st, 2016 - 9:26AM
Fox Run Brands has acquired Tops Manufacturing Company, a vendor known for its coffee and tea accessories. Tops and its various housewares lines will now be sold by Fox Run.
Tuesday May 31st, 2016 - 10:43AM
Burlington Boosts Sales In Q1
Off-price retailer Burlington Stores boosted its outlook for the fiscal year after strong sales in its first quarter.
Friday May 27th, 2016 - 4:25PM
First quarter sales at Big Lots were up moderately as the company reported its ninth consecutive quarter of comparable store sales growth.
Friday May 27th, 2016 - 10:11AM
Ulta Beauty has reported another strong quarter, with the beauty retailer reaching sales over $1 billion along with a big rise in comps and net income.
Friday May 27th, 2016 - 10:10AM
Dollar Tree reported a modest same-store sales increase for the first quarter as the company continued with its plan to integrate Family Dollar stores.
Thursday May 26th, 2016 - 9:42AM
First quarter sales at Dollar General were up 7%, driven by positive results in consumables and home products.
Thursday May 26th, 2016 - 9:20AM
As Sears Holdings posted a wider net loss and continuing comp declines in the first quarter, the company said it was closing more stores, weighing options for its Kenmore, Craftsman and DieHard brands and announced the impending departure of its chief financial officer.
Thursday May 26th, 2016 - 11:46AM
Costco's earnings were up but comps were flat in the warehouse club's third quarter.
Thursday May 26th, 2016 - 10:47AM
First quarter sales at Williams-Sonoma were up 6.5% as net revenues from e-commerce sales once again outpaced sales at its brick-and-mortar stores.
Wednesday May 25th, 2016 - 5:12PM
With the race for the White House expected to remain a focal point for many Americans throughout the summer and fall, the International Housewares Association will focus a portion of its annual Chief Housewares Executive SuperSession (CHESS) event on what impact the next president could have on the housewares industry.
Wednesday May 25th, 2016 - 1:06PM
Amazon.com continues to open fulfillment centers across the country, and on Wednesday, May 25, announced the addition of three new facilities— two in California and one in Illinois.
Wednesday May 25th, 2016 - 10:18AM
Renowned chef Gordon Ramsay is teaming up with Philips in an effort to educate consumers on how to use the company’s airfryer to make healthy meals.
Wednesday May 25th, 2016 - 10:07AM
E-Commerce Growth Drives Kirkland's Q1 Sales
First quarter sales at home décor retailer Kirkland's was up nearly 10% as the company reported strong gains in e-commerce revenues.
Tuesday May 24th, 2016 - 3:24PM
Best Buy Q1 Sales Slip, Posts Strong Earnings
As Best Buy's chief financial officer prepares to step down, the retailer reported strong earnings and a slip in sales for the first quarter.
Tuesday May 24th, 2016 - 11:16AM
Groupe SEB has acquired WMF, a German cookware and coffeemaker manufacturer, from private equity firm KKR for $1.14 billion. In addition, Groupe SEB said it signed an agreement to acquire the Emsa kitchenware company.
Tuesday May 24th, 2016 - 11:09AM
What’s hot and what’s not in the world of home beverage?
Monday May 23rd, 2016 - 11:26AM
HHGregg Narrows Losses In Q4, Fiscal Year
For the fourth quarter and fiscal year, hhgregg narrowed its losses as the retailer continued to work on improving its performance.
Monday May 23rd, 2016 - 11:19AM
Lowe's Companies has completed the acquisition of Canadian home improvement retailer Rona Inc., in a transaction valued at $2.4 billion.
Friday May 20th, 2016 - 11:01AM
Bon-Ton Loss Grows In Q1
Bon-Ton has joined the list of department store retailers that reported sales and income declines in the first quarter.
Friday May 20th, 2016 - 10:10AM
Retrenching Staples Beats Wall Street In Q1
Following the court issued ruling that quashed its proposed merger with Office Depot, Staples reported declines in net income and sales while making some progress in its retrenchment and strategic goals.
Thursday May 19th, 2016 - 3:52PM
Hudson’s Bay Plans Expansion Into Netherlands
Hudson's Bay Company is expanding its European presence with plans for up to 20 new stores in the Netherlands over the next 24 months.
Thursday May 19th, 2016 - 2:30PM
Home Supports Walmart Q1 Gains
Wal-Mart reported positive developments for the company overall in its first quarter, with home goods providing a boost to Walmart's stores in the United States but e-commerce lagging expectations.
Thursday May 19th, 2016 - 11:57AM
Rogan Donelly Named Tervis President
Rogan Donelly has been named president of Tervis Tumbler Company. Donelly assumes the role from Pat Redmond, who will assist with the transition and remain on the board of directors.
Wednesday May 18th, 2016 - 3:00PM
Earnings, Sales Rise As Lowe's Delivers Solid Q1
As the company gets ready to finalize its acquisition of Canadian home improvement retailer Rona, Lowe's posted a solid first quarter, producing strong net earnings and sales increases.
Wednesday May 18th, 2016 - 12:10PM
Target Q1 Comps Advance, Net Sales Slip
Target's first quarter results reflected what the retailer called a volatile consumer environment and the impact of the sale of its pharmacy business, with comps gaining but overall net sales slipping.
Wednesday May 18th, 2016 - 11:11AM
Target has named Mark Tritton evp/chief merchandising officer. In this role, he will oversee enterprise buying, product design and development, sourcing, visual merchandising strategy, and merchandising transformation and operations for the retailer.
Tuesday May 17th, 2016 - 9:36AM
The Home Depot built a strong first quarter in both overall sales and earnings.
Tuesday May 17th, 2016 - 9:07AM
Kmart Refreshes Home Approach With New Brand Initiatives
Kmart is throwing itself a brand party in New York as the retailer introduces new home goods, fresh marketing efforts and a revisitation of its now 50-year-old Bluelight Special to media and marketing influencers.
Tuesday May 17th, 2016 - 4:37PM
The International Contemporary Furniture Fair, being held this week at the Javits Center in New York City, demonstrated that a twist on classic furniture designs and styles is the epitome of hip today.
Tuesday May 17th, 2016 - 3:10PM
As a number of leading U.S. retailers struggled through the first quarter of 2016, TJX Companies bucked that trend and reported solid gains for the first three months of its fiscal year.
Tuesday May 17th, 2016 - 10:10AM
Robinson Home Products has debuted the Oneida Terrace collection. The line is Oneida’s first branded tabletop collection for “upscale outdoor entertaining,” and spans dinnerware, flatware and drinkware segments.
Monday May 16th, 2016 - 12:04PM
Lowe's Companies has been granted approval under the Investment Canada Act, and clearance from the country’s Competition Bureau, for its pending acquisition of home improvement retailer Rona Inc.
Monday May 16th, 2016 - 11:36AM
In the first quarter ended April 30, Nordstrom recorded net earnings of $46 million, or 26 cents per diluted share, versus $128 million, or 66 cents per diluted share, in the year-earlier period. Comparable store sales slipped 1.7%.
Friday May 13th, 2016 - 12:05PM
Newell Brands has named Ralph Nicoletti executive vice president and chief financial officer, effective June 8.
Friday May 13th, 2016 - 10:22AM
|
HEADLINES
EXECUTIVE PROFILE
Spectrum’s Rouvé Looks To Put Charge Into Electrics
More Profiles…
VIEWPOINT
Housewares Design Awards Value Change
The return of the Housewares Design Awards after a brief hiatus serves up a reminder of how fast things change in this business.
The return of the Housewares Design Awards after a brief hiatus serves up a reminder of how fast things change in this business.
Click Here to read the full article.