Top Stories
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JCP in transition: The angle for home
New York - As JCPenney ceo Ron Johnson described the conditions that ail modern department stores during his "fresh air" presentation yesterday, one of the culprits he pointed to was an excessive reliance on private label goods - a curious statement considering the JCPenney brand has been a stalwart in its home department for decades. -
TJX putting the pedal to the metal in United States and Canada
Framingham, Mass. - Coming off a fiscal year and fourth quarter that produced stronger-than-expected returns, TJX Companies is ramping up expansion plans for the United States and Canada. The goal: $40 billion in annual sales, nearly double its most recent fiscal year revenues. -
Fieldcrest shines for Iconix in 2011, Royal Velvet preps for launch at JCP
New York - Fieldcrest was the strongest performer among home brands within Iconix Brand Group during the fourth quarter and full year, the company noted during its earnings call today. -
Iconix partners with Reliance to expand into India
New York - Iconix Brand Group Inc. plans to enter India through a new alliance with Reliance Brands Limited. -
Holiday events generated uptick in comps
New York - Last-minute Valentine's shopping and President's Day sales helped push comps up 2.9% during the third week of February following a 2.7% gain the previous week, according to The Johnson Redbook Retail Sales Index.
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Govola, McNally named top reps at Surya
Atlanta - Surya announced that James Govola and Nancy McNally have won the Surya Sales Rep of the Year award. -
HTT sponsoring Material ConneXion open house March 3
New York - Material ConneXion, the materials design resource and library, will host an Open House and tour on the Saturday before New York market week, sponsored by Home Textiles Today. -
Market week panel to offer advice to young professionals
New York - The Home Fashion Products Association's Young Professionals Group, also known as the YoPros, will host a panel discussion featuring top industry executives during New York Home Fashions Week.
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