COMMENTARY: CLOSURES =
OPPORTUNITY
Retailers will close 12,000 stores in 2009, retail consultant
Howard Davidowitz told Bloomberg.com. The article also quoted Burt
Flickinger, managing director of the retail consulting firm
Strategic Resource Group: "You’ll see department stores,
specialty stores, discount stores, grocery stores, drugstores, major
chains – either multi-regionally or nationally – go out. There
are a number that are real causes for concern."
The Associated Press reported store closures and cutbacks will
have ominous consequences for vendors, too: "Other retailers
are saying they will trim inventory and reduce the number of
suppliers. That, in turn, will cause a ripple effect, prompting a
number of weaker manufacturers, small brands, and underfunded
fashion labels to fail. New retail formats and concepts stores are
likely to be curtailed in the coming year.
There can be a silver lining in this gloomy scenario: 1.
Retailers with the courage to expand or renew their leases will
discover real estate companies will slash rents to avoid empty
storefronts. The National Assn. of Retailers predicts the retail
vacancy rate will hit 12.7% by the third quarter. 2.
Retailers and vendors alike who can manage to survive these perilous
times should emerge from the recession with fewer competitors.
NEW COLUMNS THIS ISSUE
NEW COLUMN: Kizer &
Bender. The industry's top experts
on retailing launch their new column with savvy strategies to get
the most out of trade shows. (And they're conducting two seminars on
Mon., Jan. 26 at the CHA Winter Show.)
"Vinny Da Vendor". A listing of CHA special
events and seminars for manufacturers.
"Benny Da Buyer". A listing of CHA special
events and seminars for retailers.
Designing
Perspectives. CHA show special events and
seminars for designers.
Kate's
Collage. A British researcher is studying the
effects of crafting on health – physical health, as well as
emotional satisfaction/well being. Imagine if doctors prescribed
crafting to their patients? Her CHA seminar, The Health Benefits of
Crafting: An Important Message for Your Customers! (S111), is Sun.
Jan. 25.
For info on the seminars referred to in the columns above, visit www.chashow.org.
Memory, Paper &
Stamps. Advice for consumers on
preserving newspaper clippings, photos printed from a computer,
journaling, and even sonograms and ultasounds.
Industry
Research. Info on the PMA 2008 U.S. Consumer
Scrapbook Report. (See highlights below.)
(Note: If a column appears to be old, click the Reload or
Refresh button on your browser.)
TAKE THE CLN POLL: SHOW EXPECTATIONS
Whether you're exhibiting or attending TNNA, CHA, or both, what
are your thoughts? Great shows? Mediocre? About the same as previous
shows? To vote, click on Industry Polls in the right-hand column or
click HERE.
CLN
POLL: PREDICTING '09
The industry is entering the new year in a somewhat pessimistic
mood. More than half the voters in CLN's unscientific poll
believe their profits will decline this year; 19.6% think profits
will drop more than 10% and 32.3% expect profits to slip by 1-9%.
There are optimists: 29.0% believe their profits will increase more
than 10%, and 6.5% predict their profits will increase 1-9%. The
remaining 12.9% expect similar profits in '09 as they had in '08.
Overall, the results are 22.8% more negative than an identical
poll asked one year ago.
NEW YORK TIMES
REPORTS CRAFT SALES ARE
STRONG
CLN had stopped counting the number of newspaper articles and
tv stations that reported strong sales in our industry's stores. Now
the New York Times has joined the group with a Dec. 22 report
citing a variety of sources:
Scrap, a craft store in Portland, OR, reported November
sales were 33% higher.
CHA's Victor Domine: "With the recession, people are
looking for ways to save money, and doctors are recommending it as a
major form of stress relief."
CEO Brian Cornell said Michaels' sales of small-ticket
craft supplies had increased sharply, particularly in
jewelry-making, cake decorating/baked goods, scrapbooks, and
wearable art. (However, seasonal and home dec products were not
selling well.)
Company spokesperson Lisa Greb said Jo-Ann's sewing and
craft sales had increased in this fourth quarter.
Stampingly Yours, a scrapbooking store in Clifton, NJ,
reported many new customers in recent months.
Consumers are buying supplies – and finished crafts, too. The
article reported sales of handmade crafts on Etsy.com are up 34%.
(Comment: The article is surely a boon to the industry;
the next day a Motley Fool writer recommended Jo-Ann simply on the
basis of the Times article. However, the article did contain
a few "facts" that made CLN say, "Huh?"
It put the size of the "craft sector" at $5.9 billion, and
quoted an analyst at the research firm IBISWorld as saying,
"The number of [craft] establishments is growing.")
CHRISTMAS SALES WORSE THAN EXPECTED FOR MOST
Mary Delik, a director in the retail practice at consulting firm
Deloitte, summed up the holiday selling season for the Wall
Street Journal: "Retail sales went from 'Ho-Ho' to 'Uh-oh'
to 'Oh no.'"
Data released by MasterCard's SpendingPulse unit showed total
retail sales, excluding automobiles, fell by 5.5% in November from
the year-earlier period and by 8% for December through Christmas
Eve, MarketWatch reported.
Consumers spent at least 20% less on women’s clothing,
electronics, and jewelry during Nov.-Dec., resulting in what may be
the biggest holiday-shopping sales decline in 40 years, Bloomberg
News reported.
Online sales, which had been growing at a rate of 20% each
holiday season, suffered, too.
They fell 2% from Nov. 1 through Christmas Eve, the Wall
Street Journal reported, although Amazon claimed it had its best
season ever.
Gift card sales were expected to fall 5.3%, due in part to fear
that stores may close before the recipient could use them. Whatever
the reason, retailers will not receive as large a January sales
boost from the cards as in past years.
Bloomberg also reported on a site, www.plasticjungle.com
where consumers can buy, sell, or trade gift cards. The article
cited Talbots and Michaels as merchants whose cards are most often
traded, and reported a $205.46 Michaels gift card was for sale for
$151. Michaels Chief Marketing Officer Stuart Aitken told Bloomberg
news the retailer is "committed to our gift-card program,"
and wants to expand its distribution.
Another site that allows consumers to buy and sell gift cards is www.cardavenue.com.
The results appeared to be far less negative for our industry's
stores, although no official sales data was available. As CLN
has reported, our stores benefitted from consumers making gifts, but
early indications were that consumers were avoiding seasonal and
higher-ticket items. Consequently, overall sales may be down, but
not to the extent of so many non-craft retailers.
Because of the heavy discounting, however, there's the question
of whether any retailers actually made any money.
CHA TRADE SHOW NEWS
Show Numbers. Pre-registered buyer attendance is about
even with last year, officials say, and demand for space at the CHA
Summer Show and CHA Craft SuperShow is better than expected. To date, the CHA Summer Show is almost half
sold out for the debut in Orlando and 10,000 sq. ft, for the (consumer)
SuperShow, causing CHA to revise target estimates upward for the
first-run consumer event.
Kids. January 23rd will be proclaimed Kid's Craft Day by
the Anaheim City Council in support of the CHA Winter Show and the
Kids Crafting Event sponsored that day by CHA, the Anaheim Police
Department, and the local Boy's and Girls Club. It's 3:30-5:30 pm
and will provide 150-200 area kids with a craft fair at the local
Boys & Girls Club. CHA has 20+ CHA volunteers to help staff the
event, but more are welcomed. If interested, email PR Manager Victor
Domine at vdomine@craftandhobby.org.
Seminar Passes. One-day or all-show seminar passes save
money over buying individual tickets. Also, workshop tickets are at
the pre-2008 price of $25/Workshop.
New (Free) Sessions. Info on the Orlando Craft
SuperShow: (E510) - Jan. 25, 1:00-2:00 pm and (E511) - Jan. 26,
11:00 am-12:00 pm.
Celebrities. Keynote speaker Deborah Norville will be in
the Premier Yarns booth (#1619) introducing her new Serenity
yarn line Sun. Jan. 25, 11:30 am - 12:30 pm. ... Vanna White will
host the Lion Brand Yarn fashion shows Mon., Jan. 26 at 12,
1, and 2 pm in the Lion booth (#1801). ... Jane Seymour, who
designed her Home Collection and her Open Hearts jewelry
line, will be in the Tara Materials/Fredrix booth (#3529)
Mon., Jan. 26, 1-3 pm.
Task Forces. They are members' opportunities to give input
on critical issues facing CHA and its efforts to serve the industry.
1. Member Benefits. Participants will be asked for input on
awareness and use of current benefits and additional benefits they'd
like to see. Mon., Jan. 26, 11:30-12:30. ... 2. Portfolio
magazine. Participants can give input on articles, advertising,
frequency, etc. Tues., Jan. 27, 11:30-12:30 pm. ... 3. Trade
Show Education. Participants can give input on perceived value,
topics, suggestions for new subjects. To volunteer for a task force,
contact Jon Krance: jkrance@craftandhobby.org,
201-835-1214.
Board Members. Suggestions or complaints about CHA? Tell
them to a board member. Board members will staff the CHA booth
(#2935) on show days at 10-11 am and 2-3 pm.
Products. The Consumer Product Safety Improvement Act goes
into effect Feb. 10, with massive new penalties for violators.
Retailers may no longer sell their existing inventory of children's
products that do not meet the new law's strict testing standards.
Manufacturers should attend "The New Consumer Product Safety
Improvement Act: What You Need to Know About Compliance
Standards" (S123) on Mon. Jan. 26, 3-5:00 pm.
For show info, registration, and ordering tickets, visit www.chashow.org.
CHA TRADE SHOW PRODUCTS
Exhibiting at the CHA Winter Show? There's one last issue of CLN
before the show. If you want to give buyers a sneak peak at your new
products, email mike@clnonline.com
with a brief description, booth number, and the URL.
C&T Publishing (#2035). The booth will include
"Stay-n-Play sessions with designers Rebekah Meier and Daniela
Costa – in conjunction with the Stay-n-Play Café
workshop (W065) Mon., Jan. 26, 7:00-9:00 am. www.createandtreasure.com.
Earth Safe Finishes (#4926). Manufacturer of no/low VOC
water-based, non-toxic paints, glazes, mediums, sealers, stains,
varnishes, and waxes for the craft, fine art and woodworking
industries. There's also a workshop with Walnut Hollow on Faux Raku
and a display in the Eco Lounge. www.earthsafefinishes.com.
Dynamic Resource Group (#1927). Offering a variety of new
publications, including CardMaker's Sketch Book Birthday
Celebration and The Big Book of Beautiful Afghans ...
Crochet! magazine is introducing a new feature, Caring and Sharing,
highlighting charities that incorporate crochet as a means of
supporting issues of interest to women. ... Sew Special Fat
Quarter Gifts under the House of White Birches brand features 64
hand-sewn gift projects. www.drgnetwork.com.
Fiskars (#3981). Is offering a limited edition line of
spring squeeze punch designs, including an umbrella, butterfly,
chick, an egg. Previous editions of squeeze punches have been
finalists in the 2006 and 2007 Creating Keepsakes Readers Choice
awards. www.fiskarscrafts.com/spring_punches.aspx.
Jack Dempsey Needle Art (#1917). The new 2009 seasonal
catalog includes a variety of new designs. www.jdneedleart.com.
Kalmbach. New books include Crystal Chic, for
beginner to intermediate jewelry makers to pair crystals with metal,
resin, wood, fiber, polymer clay, etc. ... Vintage Redux teaches
readers how to recycle vintage jewelry into new art pieces. ... Let’s
Knit teaches knitting basics and techniques with 20 simple yet
stylish projects. http://retailers.kalmbach.com/tss/default.aspx.
Paper House Productions (#1351). Will be unveiling new
themes such as Rockstar, Space, and Pirate,
plus a new way to purchase the company's best-selling favorites such
as Travel, Sports, and Pets. There are new
papers, cardstock stickers, mini cut-outs, chipboard, and glitter
rub-ons. www.paperhouseproductions.com.
R&M West Coast Ent. (TNNA, #1421; CHA 4623). Authors
will sign copies of their books at the TNNA booth – Wendy Bernard
(Custom Knits); Leigh Radford (Alterknits Felt);
Margaret Fisher (Seven Ways To Make or Break a Sweater);
Melanie Falick (Weekend Knitting); Suzan Mischer (Greetings
from Knit Café); and Eddie
Eckman (Beyond the Square Crochet Motifs). Jenny Ryan (Sew
Darn Cute) and Jenny Hart (Sublime Stitching) will be in
the CHA booth. Check the booths for times. www.wholesale-books-crafts.com
2008 STOCK REPORT (GULP)
A year ago, were you planning to send your kids to a high priced
university because of your retail stocks? Well, the local community
college might be a wiser choice. Retail stocks, like the market in
general, had a horrendous year. The Dow plunged nearly 34%, the
worst year since 1931.
Some selected retailers: Family Dollar Stores, + 34% ... Dollar
Tree, +60% ... Family Dollar Stores, + 34% ... Jo-Ann, +18% ...
Wal-Mart, +16% ... Target, -31% ... Tiffany, -49% ... J.C. Penney,
-56% ... Sears, -62% ... Macy's, -62% ... Martha Stewart Omnimedia,
-72% ... Saks, -81% ... A.C. Moore, -92%.
E.K. SUCCESS SUES MICHAELS
Call this the battle of the private equity firms. EK Success,
owned by GTCR Golder Rauner, filed a patent infringement lawsuit
against Michaels, owned by Bain Capital and The Blackstone Group, in
U.S. District Court's Southern District of New York. The suit is in
regards to Michaels' "Seasonal Punch" products and wants
damages for EK's "losses, Defendant's profits, the costs of the
action, attorneys' fees, and interest." The suit also asks for
triple damages "because of Defendant's willful
infringement."
Both parties were asked to comment and both declined.
E.K. also filed lawsuits against Provo for a trademark
question, Sew Easy Industries and QVC for a trademark
question, and Always Charming for copyright infringement.
(Comment: It is highly unusual for an industry vendor to
take one of its largest customers to court.)
NEW SCRAPBOOK STUDY: DIGITAL CONTINUES TO GROW
According to the recently released PMA 2008 U.S.
Consumer Scrapbook Report, 22% of U.S. households have completed
scrapbook projects and an additional 9% have started but not
finished a scrapbook project. Fourteen percent of households
completed a scrapbook in the 12-month period ending April 2008, up
from 12% in 2005.
The percent of U.S. households interested in the digital
components of scrapbooking has increased dramatically. Nineteen
percent of active scrapbooking households used the computer for some
elements of their scrapbook project in 2005. Three years later, the
percentage was 68.
The primary reasons for using computers: Print digital photos
(47%); improve the quality of photos (47%); and designing pages
(30%).
For the full PMA Report, visit www.pmai.org/content.aspx?id=7068.
MOE GHERMAN: REST IN PEACE
Industry pioneer Moe Gherman, 88, passed away. He was the owner
of Hobby Publications, publisher of Craft, Model &
Hobby magazine, which later evolved into CNA. He was
honored three times by HIA, receiving the Industry Pioneer, Lifetime
Member, and Meritorious Service awards. He leaves behind
his wife Maye; sons Stuart, David, Robert, and Bruce; 9
grandchildren; and 13 great grandchildren.
(Comment: Anyone who makes a living in this industry
should thank Moe and other pioneers such as Bill Mangelsen and David
Cunningham for helping to create the industry in the first place.)
THE PROFESSIONAL CRAFT PRODUCER MAY RISE AGAIN
With the economy in recession and the unemployment rate growing,
we may see the resurrection of the professional craft producer
(PCP), the person who makes craft projects and sells them. Once they
were a major force in the industry with their own trade shows and
magazines; they were so numerous that trade associations gave PCP's
their own membership category.
PCP's were not without controversy, however. Trying to keep their
costs low, many PCP's attempted to buy in bulk from distributors or
manufacturers. Vendors who sold to PCP's angered their retail
customers. Their attendance at shows sponsored by ACCI and HIA,
CHA's predecessors, infuriated some retailers and exhibitors.
Part of the problem was the diversity within the PCP ranks. One
would take up space at make-it/take-it tables, then want to order
six bottles of paint – at the wholesale price. On the other hand, CLN
heard of a PCP who would order one-inch, white pom poms – 10,000
at a time. She employed six women in her basement making pom-pom
dolls.
Categories most affected by this trend will be jewelrymaking,
naturals/florals, soap- and candle-making, and wearable art.
THE PROFESSIONAL CRAFTER, PT. II
(Note: To learn more about the decline of PCP's and their
potential resurgence, CLN asked Maria Nerius, probably the
industry's best known PCP and freelance designer/writer.)
I have a great letter from a PCP about having to compete with
imported items. (PCP's were buying imports and basically re-selling
them without as much as an added bow!) This is just a continuing
problem; as a PCP I faced customers who wanted to know why my prices
were so much higher than imported gift items from the local Walmart.
Every category in our industry faces some "competition"
that just can't be beat on price, so you add value to what you are
selling. I told customers about all the steps I took to make sure
the item they purchased from me would be around for their
grandchildren to enjoy, unlike the imported rag doll.
In my opinion, the PCP's will have their day again – everything
cycles. But first the show producers are going to have to do some
work, rethink the show fees that got out of control, rethink how
many shows an area can handle, and have rain dates for outdoor
shows. Many of the PCP's we assumed had disappeared went to selling
on the Internet where weather and show fees were not an issue.
Even after all these years, I'm still a PCP at heart. I remained
independent and self-employed for 20+ years now; I could never have
done that without my roots as a PC.
COMPANY FOR SALE
Th company has designed/manufactured scrapbooking supplies since
2003. The designs are original and could easily cross over to other
markets. The company has created 1,000+ SKUs, and using a widespread
rep force, currently sells around 300 SKU's to approximately half
the independents, some chains, and distributors in the U.S., U.K.,
and Australia.
The company currently shares a building with a commercial
printing company that prints most of the company's SKUs and
marketing materials. A sale combining both companies is also a
possibility. For more info, in confidence, email CLN: mike@clnonline.com.
RANDOM NOTES, RANDOM THOUGHTS
1. In my last issue of Kate's Collage, I made a major
goof, mistaking Krause Publications for Kalmbach Publishing Co.
Krause, not Kalmbach, was the ESOP company that was later sold to
F+W Publications. It's the worst mistake since years ago when as
editor I published an article about miniatures, which were very hot
at the time. The author quoted David Cunningham, then CEO of Plaid,
as saying, "Miniature wallpaper is now one of our biggest
sellers." That's what David said, that's what the author wrote,
and that's what I edited. But the typesetter made a mistake that I
failed to catch: "Miniature wallpaper is not one of our biggest
sellers."
I mention this as a warning: don't think spellcheck will
substitute for a sharp-eyed proofreader.
2. In case you've ever wondered about booking a hotel room
through the trade show sponsor or doing it on your own: I booked my
room for the CHA Winter Show through CHA, then went directly to the hotel to see
if there was a difference. There sure was. By reserving the room
through CHA, I saved $27 a night. Then a subscriber told me he
booked through Priceline.com and saved even more.
3. With the industry's preoccupation with paper in recent
years, I've never understood why there hasn't been a resurgence of
quilling, one of the loveliest crafts there is. For an example,
visit www.artyulia.com/index.php/Illustration/PAPERgraphic.
The leading supplier of quilling products, projects, etc., is Lake
City Crafts. Visit www.lakecitycraft.com.
4. If you have an offspring
working in your business, watch the HBO documentary, Le Cirque: A
Table in Heaven. It's about the restaurant business, but it
isn't. It's about every business. And family.
MISCELLANEOUS NEWS
BANKRUPTCY. Creative Memories' hearing for confirmation of
its bankruptcy plan was delayed until this Friday because the
Unsecured Creditors Committee requested more time to study the
proposal. According to Scrapbook Update, The major group of
unsecured creditors are former employees who are reportedly owed
$21+ million for their stock in the company. (For more on Employee
Stock Ownership Plans, click on Kate's Collage in the left-hand
column, then "Employee Stock Ownership Plans in the right-hand
column.) ... The
Woolworth chain, once a major retailer of craft supplies, went
bankrupt and closed in 2001. Now Woolworth in Great Britain, with
807 stores, is bankrupt and is shutting down.
RUDY. The memorial service for popular industry veteran
Rudy Heukels will be Jan. 11 at 3:00 pm at Grace Bible Church, 100
Oakdale Rd., Chester, NJ 07930. Tax-deductible donations and
memorials should be made to the church, whose members were a great
help to Rudy's family.
IMPORTS. U.S. retailers are slowing their payments to
Chinese vendors from 30-45 days to 90-120, which is pushing more
factories to shut down, the New York Times reported. And in
an effort to restore economic growth, the Chinese government has
restored export tax rebates on textiles and stopped raising the
minimum wage.
QUOTATION. "We’re seeing, though, that our
customers have a great deal of faith that government will take the
right action and be successful in addressing the current situation.
But the No. 1 issue today is their concern about their job."
– Wal-Mart CEO Lee Scott, on NBC's Meet The Press
(Bloomberg News)
AWARD. The innovative home déc
program for STYROFOAM™ brand foam, Great Décor
in a Flash - Without a Lot of Cash, recently won honors from
both the
Cleveland chapters of both Public Relations Society of America (PRSA)
and the Int. Assn. of Business Communicators (IABC). The 16-page
booklet, Great Décor in a
Flash - Without a Lot of Cash, won first place awards from both
PRSA and IABC. The overall program won an honorable mention from
IABC, as did the advertising campaign, "It's STYROFOAM™.
Surprised?" To view the home déc
ideas, visit www.styrofoamstyle.com.
The program was developed and implemented by Currier
Communications, a Cleveland-based marketing communications
agency specializing in the craft and creative industries. For info,
email Sharon Currier at scurrier@curriercomm.com
or call 440-247-4371.
SHOWS. The PSRO 2009 Convention, in conjunction
with the PMA 2009 show Mar. 3-5 in Las Vegas, is offering an
"all-conference connection pass" allowing complete access
to all sessions, the PMA 09 trade show, and more. It's $299 for
members, $399 for non-members. The 2-for-1 deal has been extended.
For info, visit www.pmai.org/psro2009.
TOYS. Previously CLN reported on trouble in the toy
industry. KB Toys filed for bankruptcy and Toys R Us is under a
heavy debt load. Now The Parent Co., an online seller of children's
products including eToys.com, filed for Chapter 11 bankruptcy. ...
Mattel and its subsidiary Fisher Price will pay $12 million to
settle lawsuits in 39 states over recalls of two million
Chinese-made toys that had traces of lead paint in them.
PAPER. The Image Permanence Institute has updated its Consumer
Guide to Modern Photo Papers. To download a copy, visit www.archivaladvisor.com/shtml/articles_index.shtml.
HOBBY LOBBY. To read the remarkable story of David Green,
his family, the growth of Hobby Lobby, and the charity work the
company's success has enabled the family to fund, visit www.bpnews.net/BPnews.asp?ID=29578.
WINTER. The Hobby Lobby in Fargo, ND lost 16 hours
of prime-time holiday shopping. The culprit: frozen water pipes that
burst. ... The roof collapsed at a Spokane area Hancock
store. The culprit: 61 inches of snow in less than three weeks.
LOOKING TO BUY. An Internet based company seeking to grow
through acquisition of a complementary business with profitable,
six-figure revenue and could easily be moved to Boston area. Willing
to sign a confidentiality agreement. For more info, in complete
confidence, contact Larry Rubin, lrubin28@gmail.com.
PEOPLE. Blumenthal/Lansing named industry veteran Jane
Anne Davis Sr. VP of Sales and Marketing. Jane Anne had a consulting
business, jane anne & co. She is a member of the CHA board of
directors and was recently elected board secretary. ... Interweave
named Marcy Smith editor of Interweave Crochet. Smith is a
former craft columnist for the Raleigh, NC News & Observer newspaper,
the author of The Complete Idiot's Guide to Crochet Projects,
Illustrated, and she has a PhD in American Literature.
BEADS. The Bead&Button Show 2009 class catalog,
with 500+ workshops and classes, is now available, as is online
registration. The show, sponsored by Kalmbach Publishing, is
May 31-June 7 in Milwaukee. Visit http://beadandbuttonshow.stores.yahoo.net/register.html.
PBS. The second series of Knitting Daily uplinks
Jan. 18. Core teachers Eunny Jang, Kim Werker, Liz Gipson, and Shay
Pendray will be joined by guest designers. The series is produced by
KS Inc. Productions. The projects and patterns from the shows
will be available at www.knittingdailytv.com.
SPELLBINDERS PAPER ARTS. Issued an open call for designers
to join its 2009-2010 Design Team. For details, visit www.spellbinderspaperarts.com
or email designteam@spellbinders.us.
... Today starts the company's "World Wide Blog Party" in
which each day a designer will preview at least one of more than two
dozen new die templates set to debut at the CHA Winter Show. To see
the schedule, visit http://spellbinderspaperarts.com/blog/spellbinders-5th-anniversary-blog-party.
LAWSUITS. Wal-Mart will pay as much as $640 million to
settle 63 federal and state class actions claiming the company
cheated hourly workers and forced them to work through breaks,
Bloomberg News reported. Similar lawsuits in California,
Massachusetts and Pennsylvania aren’t on the list of cases settled
that was provided by Wal-Mart.
EVERYBODY SCRAPBOOKS. Even Hugh Hefner, founder of Playboy,
and his three live-in girlfriends, according to a profile on E!
Entertainment's "The Girls Next Door." Apparently he has
2,000+ scrapbooks and a special scrapbook room at the Playboy
mansion.
LISTS. Jarden, the corporate parent of Loew-Cornell,
Forster, and other consumer products, was named to Business
Week's newly-released list of the World's Most Influential
Companies. Its stock is traded on the N.Y. Stock Exchange under the
symbol JAH.
STOCKS. A.C. Moore: $1.40, down $0.02 ... Hancock: $0.50,
up $0.05 ... Jo-Ann: $15.49, up $2.88 ... Wal-Mart: $54.63, up $1.43
... Dow Jones: 8,776.39, up 1.7%. (Note: All changes in price
are since 12/12 and are exclusive of dividends.)
MISCELLANEOUS NEWS: YARN
STORE. To see photos and learn more about Lion Brand
Yarn's studio/shop on 15th St. in New York, visit www.lionbrandyarnstudio.com.
KNITTING. In an interview with Brand Week, James
White, CEO of the 749-store chain, Jamba Juice, announced the store
on Michigan Ave. in Chicago would have a "knitfiti" art
installation. "Knitfiti (rhymes with graffiti) is a burgeoning
underground movement in which guerrilla artists hit public property
with handmade knitwear rather than markers and spray paint, warming
and beautifying the space."
CONTEST. The Knitting Guild Assn. (TKGA) and sponsor Yarnmarket.com
announced the 2009 TKGA Design Contest. Prizes will be awarded in
several categories, with the grand prize pattern winning a
Yarnmarket.com $1,000 gift certificate. Rules and an entry form are
available at www.TKGA.com. Photos of original designs must be submitted by Mar. 11. Winners
will be announced at the TKGA National Conference/Knit & Crochet
Show in Portland OR May 14-17.
CONFERENCE. Westminster Fibers is providing 10
scholarships for 50% off the early bird tuition rate of $875 for Yarn Market News'
business conference Mar. 15-17 in Chicago. The deadline is Jan. 30.
Visit www.yarnmarketnews.com/sbc2009/scholarship.php.
For more info on the conference, visit www.yarnmarketnews.com/sbc2009/agenda.php.
PROJECTS. An interesting blog with links to industry
related projects for/by cancer patients: http://imtooyoungforthis.blogspot.com/2008/12/etsy-cancer.html.
TNNA’s Yarn Group is looking for volunteers to help for an hour
or two with the Fashion Show – at the drop off/pick up table Fri.,
9:00 am-3:30 pm or Sat. 8:30 am-10:00 am. Email JoAnne Turcotte at design@plymouthyarn.com
or call 215-788-0459.
VOLUNTEER. TNNA’s Yarn Group is looking for volunteers
to help for an hour or two with the Fashion Show at the San Diego
show – at the drop off/pick up table Fri., Jan. 16, 9:00 am-3:30
pm or Sat. the 17th, 8:30 am-10:00 am. Email JoAnne Turcotte at design@plymouthyarn.com
or call 215-788-0459.
INTERNET. Coats & Clark® and Red Heart® Yarns
launched a new website, Redheart.com (www.redheart.com),
which includes a pattern finder which allows members to search for
and download patterns by category, yarn weight and type, and by
pattern name. The site includes chat forums, a gallery to post
finished projects, a newsletter, on-line learning, pod casts, etc.
Membership is free.
SERVICE PROVIDER PROFILE: GOOCH & GOOCH, LLC
Gooch & Gooch LLC, an editorial services and marketing
company specializing in business-to-business media, is expanding to
include the professional needlearts and craft industries. Positive
Yarn (www.positiveyarn.com)
is Gooch & Gooch's entry into this market, encompassing a
marketing insights blog, monthly e-newsletter, and a variety of
marketing services for retailers, designers and small manufacturers.
Positive Yarn services include, but are not limited to Articles,
Blogs, Brochures, Booklets, Business Cards, Buyers Guides,
Calendars, Catalogs, Customer Loyalty Programs, Databases, Direct
Marketing, Editing, Event Planning and Assistance, Ghostwriting,
Newsletters, Podcasts, Press Releases, Reports, Surveys, Videocasts,
Websites, and White Papers.
Personnel. Heather Gooch, Vice President: positiveyarn@goochandgooch.com.
Heather, who owns the business with her husband, Jamie, counts The
National NeedleArts Association among her many marketing clients. In
her spare time, Gooch is the newsletter editor and photographer for
her local needlework guild, as well as photographer and librarian of
her local chapter of the Embroidery Guild of America.
Jamie Gooch, President: Jamie@goochandgooch.com.
Tessy Somers, Data Processing Specialist: Tess@goochandgooch.com.
Rolodex. Gooch & Gooch LLC, P.O. Box 1496, Medina, OH
44258. Call 330-723-3539; To sign up for the Positive Yarn e-newsletter,
read Gooch’s blog, or for more information, visit www.positiveyarn.com.
THE CREATIVE NETWORK: JOB OPENINGS
To see a listing of job openings by the only personnel
recruitment firm specializing in our industry, click on Jobs in the
left-hand column or click HERE.
ILLINOIS: "WHERE GOVERNORS MAKE LICENSE PLATES."

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