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HFN The Weekly Newspaper for the Home Furnishing Network

Issue Date: 10/07/2002

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In This Issue

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1. BUSINESS/FINANCE NEWS BRIEFS. Target, NPC Continue Agreement Target Corp. and the National Processing Co. renewed an agreement to allow NPC to continue providing merchant processing services with the ... (PREMIUM PERIODICAL ARTICLE) 2. THE TOP 10 HIGHEST-LEVERAGED HOME GOODS RETAILERS.(Brief Article) Rank and Company Long-Term Debt ( in millions) Total Equity (in millions) Debt-to-Equity Ratio 1) Sears $29,348.0 $6,095.0 333.8% Sears increased its long-term debt during ... (PREMIUM PERIODICAL ARTICLE) 3. AFTER A HEAVY YEAR, BATH SCALE VENDORS MAP PLANS FOR GROWTH. NEW YORK-Following a surprisingly tumultuous year in the bath scale industry, scale manufacturers are poised to grow the category with new products, improved technology, increased ... (PREMIUM PERIODICAL ARTICLE) 4. SMOOTH TRANSITION FOR TAYLOR AFTER ACQUISITION.(Taylor Precision Products ) Since Taylor Precision Products was acquired by Homedics last month, there has been speculation in the market as to the impact the deal would have ... (PREMIUM PERIODICAL ARTICLE) 5. TROUBLE ON THE PORT SIDE: STRIKE 1 FOR HOME GOODS.(West Coast's ports... NEW YORK-Last week's shutdown of West Coast ports did not immediately affect home goods retailers, but were it to go on for another week, it ... (PREMIUM PERIODICAL ARTICLE) 6. ADAMSON SAYS ALL IS WELL, BUT HOOD SAYS MAYBE NOT.(Kmart executive James... TROY, Mich.-Although Kmart executives are hopeful that the discounter will emerge from bankruptcy by mid-2003, industry watchers such as Wayne Hood are not so sure. (PREMIUM PERIODICAL ARTICLE) 7. GLENOIT SET TO EXIT CHAPTER 11 IN TIME FOR TEXTILES SHOW.(Brief Article) NEW YORK-Barry Leonard can't wait for Oct. 10. The date marks an end to Glenoit's two years in Chapter 11 bankruptcy protection, placing the textiles ... (PREMIUM PERIODICAL ARTICLE) 8. NEWS BRIEFS.(Saks to consolidate Younkers operations, other news items) Saks to Fold Younkers Into Carson Saks Inc. will consolidate its Younkers' merchandising and home office operations into its Carson Pirie Scott headquarters by Feb. (PREMIUM PERIODICAL ARTICLE) 9. WAL-MART TO CONTINUE FOCUS ON SUPERCENTERS. BENTONVILLE, Ark.-Supercenters will remain Wal-Mart's growth engine in the United States for the fiscal year beginning Feb. 1, 2003. The retailer mapped out its expansion ... (PREMIUM PERIODICAL ARTICLE) 10. ETHAN ALLEN CUTS PRICES, REVAMPS KIDS LINE.(Brief Article) DANBURY, Conn.-Aiming to maintain its competitive edge in an increasingly global industry, Ethan Allen is cutting prices on several key furniture collections this week, the ... (PREMIUM PERIODICAL ARTICLE)
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