Merger-hungry conglomerates feast on home furnishings firms

Article Abstract:

In the housewares industry, there were more than 40 takeovers and acquisitions during the first seven months of 1983. Rather than indicating troubles in the industry, these corporate machinations are signs that business is picking up, and dynamic growth is expected. Towle Manufacturing Co. has been the most aggressive buyer, increasing holdings in tablewares and giftwares.

GENERAL MERCHANDISE STORES, Electric housewares and fans, Household Furniture, Pottery and Related Products, Case studies, Mergers, acquisitions and divestments, Acquisitions and mergers, Home furnishings industry

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Changing layouts and decor: Sears tries out a dressy, new look

Article Abstract:

Sears has selected a few stores to remodel in a test to upgrade its image. Management surveyed customers for comments on what they like in department store layout, and then used the store-within-a-store arrangement. Analysts expect the changes to bolster Sears' image and to help Sears regain some of the market share it has been losing to specialty stores.

Remodeling and renovation, Sears, Roebuck and Co.

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J.P. Stevens tests electronic retailing

Article Abstract:

J.P. Stevens is conducting an experiment with electronic merchandising. The Stevens Bed and Bath Fashion Center is a specially designed display. It includes a computer terminal, a video monitor, a CRT terminal, a laser disc player and printer. Consumers will be able to pick and order from the machine. Customer response to this will be researched.

Innovations, Information management, Textile industry, Electronic marketing, Household linens industry, J.P. Stevens and Company Inc.

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