Lenox Corporation and Nambé LLC have issued a press release stating that, “they have amicably entered into a confidential settlement agreement of litigation resolving claims between them.”
Kuhn Rikon has rolled out the Leafy Greens Zipper. The company stated the new kitchen tool can remove fibrous stems from leafy greens like kale, chard and collard greens.
Staples has rejected a possible takeover bid from one investment firm, but a second from a different firm appears to still be alive.
Ulta Beauty continued its strong growth momentum in the first quarter, with a rise in comps, sales and earnings.
Ikea is submitting plans to the metropolitan government of Nashville and Davidson County, TN, for a second location in the Nashville area.
Big Lots’ first quarter was a mixed bag as the retailer reported an increase in net income but lower than expected comparable store sales for the period ended April 29.
Strong U.S. comparable store sales coupled with higher membership fees were key factors in driving revenue in Costco’s fiscal year third quarter.
The Creative Partners Group (the CPG) has named Salvatore Fialo vp/sales, home and housewares, a newly created position.
Sears and Kmart comps continued to plunge in the first quarter, although Sears Holdings did post a profit based on its cost cutting and restructuring efforts.
Lowe’s first quarter sales were up double-digits, but the home improvement retailer reported declines in net earnings and earnings per share.