BENTONVILLE, Ark.-Walmart has launched a series of initiatives geared toward making its supply chain in the United States and China more sustainable. At an event in Beijing that included government officials, non-governmental organizations (NGOs), academics, suppliers and company associates, Walmart said it will use the Sustainability Index to design more sustainable products, make its supply [...]
SAN FRANCISCO–Net revenues for Williams-Sonoma’s eight-week holiday season ending on Dec. 25 totaled $901 million, up 4.2 percent from last year’s season, according to a preliminary statement from the multichannel retail company. This rise included a comparable-brand increase of 4.9 percent. Laura Alber, president and CEO, noted that this pickup came on top of an [...]
22981 Tue, 10/25/2011 – 10:33am TRINITY, N.C.–Stephen Stickler has been promoted to vice president of product merchandising for Sealy. In his new post, Stickler oversees product-development activities for all of Sealy’s brands, including Sealy Posturepedic, Stearns & Foster, Embody by Sealy, Bassett and private-label lines. He has been with the mattress manufacturer for 12 years, [...]
22980 Tue, 10/25/2011 – 10:26am DALTON, Ga.–For the third straight year, Newsweek magazine has placed Mohawk Industries in its annual ranking of the 500 “greenest” U.S. companies. Mohawk ranked 292nd in this year’s list, up from 350th in last year’s list. The company finished ninth among U.S. consumer-products companies. Mohawk released its second annual sustainability [...]
22979 Mon, 10/24/2011 – 10:33am MOORESVILLE, N.C.—Lowe’s said it is shutting down 20 underperforming stores in 15 states. Ten locations closed last week. The remaining 10 stores will close within about one month, following the sell-through of their inventory. The closings are taking place in California, Colorado, Illinois, Louisiana, Massachusetts, Maine, Michigan, Minnesota, New Hampshire, [...]
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