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<title>Gifts &amp; Decorative Accessories - Financial News</title>

<description>Mergers and acquistions, profit and loss, Chapter 11, sales and revenues from the leading gift vendors.</description>
 <language>en-us</language>
<link>http://www.giftsanddec.com/community/Financial/47349.html?nid=3773</link>
<copyright>2008 Reed Business Information. Subject to its http://www.giftsanddec.com/info/.html Terms of Use.</copyright>
<pubDate>Fri, 21 Nov 2008 18:34:25 MST</pubDate><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" href="http://feeds.feedburner.com/GiftsDecorativeAccessories-FinancialNews" type="application/rss+xml" /><item>
<title>Pier 1 Expects 16-18 Percent Drop in Same Store Sales</title>
<link>http://www.giftsanddec.com/article/CA6615544.html?nid=3773</link>
<description>Fort Worth, TX — Home furnishings and gift retailer Pier 1 Imports forecasts that comparable store sales will fall by 16&amp;ndash;18 percent for the third quarter.</description>
<pubDate>Tue, 18 Nov 2008 09:58:00 EST</pubDate>
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<title>National Wholesale Liquidators files Chapter 11 </title>
<link>http://www.giftsanddec.com/article/CA6614858.html?nid=3773</link>
<description>West Hempstead, NY — Discount retailer National Wholesale Liquidators filed for Chapter 11 bankruptcy protection.</description>
<pubDate>Mon, 17 Nov 2008 14:19:00 EST</pubDate>
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<title>Russ Berrie Q3 Gift Sales Fall, Juvenile Grows</title>
<link>http://www.giftsanddec.com/article/CA6613741.html?nid=3773</link>
<description>Oakland, NJ — Gift vendor Russ Berrie and Co.'s net sales for the gift segment decreased 31.4 percent to $38.3 million for the third quarter, compared with $55.8 million for the third quarter of 2007. However, a 54.5 percent increase in infant and juvenile segment net sales more than offset the gift segment.</description>
<pubDate>Tue, 11 Nov 2008 13:53:00 EST</pubDate>
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<title>D56 Axes Jobs; Everyday, Seasonal Lines</title>
<link>http://www.giftsanddec.com/article/CA6612609.html?nid=3773</link>
<description>Eden Prairie, MN — Lenox Group Inc. plans to scale-down its Department 56 wholesale business.</description>
<pubDate>Fri, 07 Nov 2008 13:14:00 EST</pubDate>
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<title>Lifetime in the Red, Barely </title>
<link>http://www.giftsanddec.com/article/CA6612610.html?nid=3773</link>
<description>Garden City, NY — Kitchenware, tabletop and home decor Lifetime Brands Inc. saw net sales drop slightly in the third quarter.</description>
<pubDate>Fri, 07 Nov 2008 11:19:00 EST</pubDate>
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<title>Yankee Candle Q3 Wholesale Up</title>
<link>http://www.giftsanddec.com/article/CA6612389.html?nid=3773</link>
<description>South Deerfield, MA — The Yankee Candle Company Inc. saw modest improvement in its financial results for the third quarter. </description>
<pubDate>Thu, 06 Nov 2008 15:06:00 EST</pubDate>
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<title>Value City to Close</title>
<link>http://www.giftsanddec.com/article/CA6610157.html?nid=3773</link>
<description>Columbus, OH — Closeout retailer Value City Department Stores filed for bankruptcy and will close its 37 remaining stores.</description>
<pubDate>Fri, 31 Oct 2008 07:00:00 EST</pubDate>
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<title>LittleGifts Acquires Westport Pet Co.</title>
<link>http://www.giftsanddec.com/article/CA6605957.html?nid=3773</link>
<description>New York — Jewelry, giftware and pet product vendor LittleGifts Inc. acquired Westport Pet Co.</description>
<pubDate>Thu, 16 Oct 2008 09:17:00 EST</pubDate>
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<title>Roman Merges with Cottage Garden</title>
<link>http://www.giftsanddec.com/article/CA6605797.html?nid=3773</link>
<description>Bloomingdale, IL — Inspirational giftware vendors Roman Inc. and Cottage Garden Collections will merge effective October 15.</description>
<pubDate>Wed, 15 Oct 2008 12:48:00 EST</pubDate>
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<title>Linens ‘n Things to Close </title>
<link>http://www.giftsanddec.com/article/CA6603300.html?nid=3773</link>
<description>Wilmington, DE — Linens ‘n Things asked the court’s permission to scrap its original plan to emerge from bankruptcy. Instead, the home chain would auction its remaining stores.</description>
<pubDate>Wed, 08 Oct 2008 12:28:00 EST</pubDate>
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<title>EBay Lays Off 1,000; Buys Bill Me Later</title>
<link>http://www.giftsanddec.com/article/CA6602318.html?nid=3773</link>
<description>San Jose, CA — Online auction site EBay Inc. will cut about 1,000 employees, or about 10 percent of its work force, and is acquiring Bill Me Later, a Timonium, MD, online payment firm.</description>
<pubDate>Mon, 06 Oct 2008 13:52:00 EST</pubDate>
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<title>Circle Peak to Invest in Luxury Paper Company</title>
<link>http://www.giftsanddec.com/article/CA6601615.html?nid=3773</link>
<description>New York — Circle Peak Capital, a private investment firm, took a minority interest in luxury paper goods company, Mrs. John L. Strong.</description>
<pubDate>Fri, 03 Oct 2008 05:00:00 EST</pubDate>
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<title>American Greetings says Q2 On Track</title>
<link>http://www.giftsanddec.com/article/CA6599881.html?nid=3773</link>
<description>Cleveland — American Greetings reported total revenue of $385.8 million for the second quarter of fiscal 2009.</description>
<pubDate>Fri, 26 Sep 2008 13:36:00 EST</pubDate>
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<title>Holiday Retail to be Worst in Six Years, NRF Forecasts</title>
<link>http://www.giftsanddec.com/article/CA6599138.html?nid=3773</link>
<description>New York — The National Retail Federation predicts that holiday season retail sales will rise 2.2 percent this year to $470.4 billion.</description>
<pubDate>Wed, 24 Sep 2008 14:08:00 EST</pubDate>
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<title>THT On the Block</title>
<link>http://www.giftsanddec.com/article/CA6593544.html?nid=3773</link>
<description>La Vista, NE — Rustic gift and home d&amp;eacute;cor vendor THT Designs Inc. is exploring the potential sale of substantially all its assets.</description>
<pubDate>Fri, 05 Sep 2008 13:29:00 EST</pubDate>
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<title>Blyth Q2 Flat</title>
<link>http://www.giftsanddec.com/article/CA6593336.html?nid=3773</link>
<description>Greenwich, CT — Blyth Inc. reported an increase of 1 percent in net sales for the second quarter.</description>
<pubDate>Fri, 05 Sep 2008 08:58:00 EST</pubDate>
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<title>Decorize Q4 Profit, Margins Rise</title>
<link>http://www.giftsanddec.com/article/CA6591217.html?nid=3773</link>
<description>Springfield, MO — Home accents vendor Decorize Inc. posted what the company called its largest quarterly profit in history in the fourth quarter of 2008.</description>
<pubDate>Thu, 28 Aug 2008 12:50:00 EST</pubDate>
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<title>Figi’s Gifts Catalog for Sale</title>
<link>http://www.giftsanddec.com/article/CA6590535.html?nid=3773</link>
<description>Bensalem, PA — Charming Shoppes Inc. plans to explore the sale of its Wisconsin-based Figi's Gifts in Good Taste catalog.</description>
<pubDate>Tue, 26 Aug 2008 13:35:00 EST</pubDate>
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<title>Russ Sales Grow by Nearly One Fourth</title>
<link>http://www.giftsanddec.com/article/CA6588696.html?nid=3773</link>
<description>Oakland, NJ — Russ Berrie reported net sales for the second quarter of $87.7 million, an increase of 24 percent, including $22.2 million from acquisitions. Net sales for the company's infant and juvenile segment increased 68.8 percent; net sales for the gift segment decreased 24.8 percent.</description>
<pubDate>Tue, 19 Aug 2008 09:48:00 EST</pubDate>
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<title>Lifetime Misses Guidance; to Sell Outlets?</title>
<link>http://www.giftsanddec.com/article/CA6586381.html?nid=3773</link>
<description>Garden City, NY — Kitchenware, tabletop and home decor vendor Lifetime Brands  won’t meet it’s previously forecast financial guidance for 2008, and is 'evaluating strategic options' for outlet stores.</description>
<pubDate>Mon, 11 Aug 2008 15:27:00 EST</pubDate>
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