- Adamson says no more Kmart closings needed
TROY, MI — Though Kmart announced last week that it will shutter 18 percent of its store base by early April, the announcement was a surprise to no one. And home textiles manufacturers that supply the discounter have not been watching passively, but have already begun putting contingency plans in ......
- WestPoint Stevens Files for Bankruptcy Protection
Says it struck a deal with bondholders in hopes of emerging from Chapter 11 protection quickly.
- Global Competition Ends Fullerton Textile Factory
The end of textile import quotas was the end of Springs Industries Inc. in Fullerton. Fort Mill, S.C.-based Springs Industries last month closed its 200,000-square-foot Fullerton plant and laid off 270 workers. Company officials said the maker of bed and bath products no longer can compete with cheaper products coming ......
- Discounters: Some hold steady, others struggle
New York— Wal-Mart and Target continue to be the only discount department stores on Furniture/Today's Top 25 furniture and bedding ranking for 2006, maintaining their positions in the first and fourth slots. Wal-Mart, the world's largest retailer, added 142 stores in 2006, mostly supercenters, which helped account for its 3.7% ......
- Discount majors aim to boost furnishings
New York— Wal-Mart and Target were the only two discount department stores to make the Top 25 furniture and bedding ranks for 2005, with Wal-Mart still holding on to first place among all furniture retailers. The Bentonville, Ark.- company — the world's largest retailer — had 2005 furniture and bedding ......
- Designer will draw on past to shape future
Nancy Webster might be the most influential home-design diva you've never heard of. Last year, HFN, a trade publication, ranked her the third-most-powerful person in home fashion and design, behind French designer Philippe Starck and Martha Stewart. Webster, 52, headed the design team of discount retailer Target for much of ......
- Designer will draw on past to shape
future.
Nancy Webster might be the most influential home-design diva you've never heard of. Last year, HFN, a trade publication, ranked her the third-most-powerful person in home fashion and design, behind French designer Philippe Starck and Martha Stewart. Webster, 52, headed the design team of discount retailer Target for much of ......