COMMENTARY: CHA Eases
My Worries -- Somewhat
Lately I've been very concerned about the state of the industry.
Actually confused I can't decide if my concerns are valid or am
I just having trouble adjusting to change. I wrote about them before
the CHA show and held on to it, to see if the show would
eliminate my concerns.
It didn't. But what I did see and hear in Atlanta has made me
somewhat less concerned. So if you want to read how my thoughts are
evolving, first read my pre-show concerns in Business-Wise, and then
read the rest of this issue.
And please, feel free to comment, on or off the record, about the
validity (or foolishness) of my thinking, about the CHA show, about
anything. Email your thoughts to mike@clnonline.com.
COLUMNS THIS ISSUE
Business-Wise. Mike's concerns about the industry before the CHA
show. Is Mike right? Plus, an interview with Joyce Perhac, exec
director of the Home Sewing Assn.
Note: The last issue of CLN had a record number of
columns, just as the industry was scrambling to leave for the CHA
show in Atlanta. Consequently we're leaving the columns in place in
case you didn't have time to read them before the show.
Category
Reports. Thoughts, comments, and trends from the
recent TNNA Long Beach show written by two veteran needlework
pros.
"Vinny Da Vendor" What's wrong and what's right
about florals. A blunt interview with Larry Gold, president of
the Aldik division of Decorative Concepts.
Scene &
Heard. A long-time craft manufacturer exhibits at
the Dallas gift show with some surprising results ... Report on
the huge PaperWorld/ChristmasWorld show in Germany ... A
letter from Europe on what's hot and what's not in various
countries.
Memory, Paper &
Stamps. An interview with Shane Cullimore,
the new owner of Crafters Home, the industry's most
influential independent memory retailer group.
Designing
Perspectives. 10 Tips for Spotting a Trend, by ace
designer Marie Browning, member of the new Creative Spirit Cafι.
Legal Q. & A. MagEyes, a U.S. manufacturer of
vision/magnifier products for needlework and other fine crafting
techniques, sues a counterfeiter and wins.
Note. If you surf to a column and it's an "old"
column, click the "Refresh" or "Reload" button
of your browser.
THE CLN POLL: VENDORS
AND BUYERS HOW WAS CHA?
You've had a few days to decompress from the hectic CHA show.
Think back: was it a good show? Buyers: what did you think of the
new products you saw? Vendors: was the traffic and interest/orders
from the buyers what you'd hoped for? Click
on Industry Polls or click HERE.
CLN
POLL: PAPER TO REIGN
SUPREME IN 2005
CLN asked readers which category they thought would show the
greatest sales increase in 2005. The results no surprise
mirrored the "hot" categories at the CHA show.
Cardmaking-Papercrafting-Stamps received 36% of the votes.
Knitting/Crochet was second with 24%, and Beading/Jewelrymaking and
Kids Crafts tied for third with 15%. Painting, Basic Crafts, and
Readymades each received 3%. Florals and Quilting did not receive
any votes.
CHA SHOW REPORT
(Note: Keep in mind for every general statement you read
below, there were vendors and buyers who felt the opposite. The
report below represents what the majority of people told us.)
No final stats were available at publication time. Attendance was
reported to be up, although the enormity of the hall caused some to
think otherwise.
Most vendors were pleased. Those who sell to the chains seemed
happy with the response (although, if the chains hadn't expressed
interest in the vendors' new products before the show, the vendors
wouldn't have exhibited them in the first place). Those who sell to
independent memory dealers were happy with orders.
There seemed to be fewer new memory products unveiled by
scrapbook companies not a bad sign, since the category is
already drowning in products. On the other hand, there were more
memory products unveiled by craft companies so many that some
attendees suggested merging the craft and scrapbook categories on
the show floor next year.
Quotation: "I would have to say [the CHA show] was
probably the best show we have had in the last few years. I say this
from being in several different booths during the show, as our group
reps for about 12 companies that were at CHA, covering scrapbooking,
fine art, and everything in-between." Shawn Grecian, Grecian
Sales Group, Lake City, FL
World Congress Center. The two halls made it even
harder/longer than usual to see everything (but CHA doesn't return
to Atlanta for at least a decade). Because of the two halls, it
"felt" like two separate shows; entrepreneurs selling to
wildly enthusiastic independents in one hall and larger companies
selling to bigger, more established retailers in the other. The
Center's employees were the friendliest, most helpful we've ever
seen.
Scrapbooking. Clearly still the dominant category ... There
did not appear to be anything radically new, but there certainly
remains a glut of products ... Many observers voiced strong concern
over the fate of the independent, given the incredible number of
retailers now selling at least some memory products; clearly,
independents need to be strong retailers, not just scrapbook
enthusiasts, in order to survive.
If memory buyers stuck to the scrapbook and new-exhibitor
sections, they missed an enormous number of memory products; almost
every exhibitor offered some sort of memory-related line ... There
appeared to be a trend of memory retailers branching out into other
categories ... Very encouraging to see products geared for people
other than healthy, white, middle-class women. We saw stickers,
papers, and other products that showed African-Americans, Hispanics,
the elderly, the disabled, etc.
CLN heard an unconfirmed report that Big Lots (Big
Lots!) was selling $1 million worth of scrapbook paper a month. All
of the dollar stores attended the show and placed orders.
Yarn. Shows no sign of slowing down. Some of the new yarns
and products were sensational, and apparently the buyers thought so,
too. And smaller put-ups allow retailers to merchandise them in less
space than before.
Beads. Buyers continue to report they're hot, but we didn't
see as much of it at the show as we had expected.
Needlework. DMC launched an excellent Mentor program to help
and encourage stitchers to teach cross stitch to friends and
relatives Visit www.dmc-usa.com
... We also saw evidence of new, updated designs to attract a
younger consumer ... There were also predictions that needlework
will benefit from a spillover of the knit/crochet craze.
Painting. We are very hopeful that the new leadership of Mike
Saubert at the Society of Decorative Painters will jump-start
the organization; SDP has new programs particularly one to
attract kids in the works that sound very promising.
Others. We saw more mosaics ... Any retailer wishing to stock
a strong kids crafts department had plenty of products from which to
choose ... Decoupage is bound to pick up as part of the paper crafts
trend.
Television. The DIY Network-sponsored stage/events
were a mixed bag. The auditions for hosts of the upcoming
industry-related series were entertaining, as was the PBS programing
by Kathie Stull and Cutter Productions' producer Vicki Payne
with series stars Sloan Payne-Rutter, Donna Dewberry, and Priscilla
Hauser. Attendance was sparse at some of the stage events probably
due, in part, to a lack of pre-show publicity.
Miscellaneous. One vendor tried to take buyers off the show
floor, during show hours, to show new products at a hotel suite.
That can result in having the suite shut down and the vendor losing
future exhibit privileges ... Best trend of the month: more
companies offering retail support programs for independents.
Design. The Design Faire, where freelance designers
could exhibit their work, was a huge success ... Regardless of the
category, designs are more modern and sophisticated and less
"cute." Other than some scrapbook designs, we didn't see a
single smiling bunny.
Future. After listening to trend guru Robyn Waters and
walking the show, if we had to pick one category we think will be a
major force in the reasonably near future, it's home dec.
(Comment: Any suggestions on how CHA can improve the show?
Email them to mike@clnonline.com
and CLN will pass them along.)
EVA-MARIE BOYD PASSES AWAY
Eva-Marie Boyd, the author of CLN's Q. & A. column and
the wife of long-time manufacturer's rep C.H. "C" Boyd,
passed away after a brief illness. Eva-Marie was a practicing
attorney for approximately 15 years. During that time she was
president of the Orange County Barristers and president of her law
school alumni association. She also served on the Orange County Bar
Association Board of Directors for seven years and as chair of the
Orange County Bar Association Legal Referral Committee for three
years. She was a panel attorney for California Lawyer for the Arts
and has lectured for that organization on copyright issues.
Eva-Marie was a smart, gracious lady, who will be missed. Send
cards to C. H. "C" Boyd, 1160 Catalina St., Laguna Beach,
CA 92651.
CHA AWARD/ELECTION WINNERS
Bill Reed (F +W Publications), the former chair of the HIA
board of directors, won the Special Recognition award, and
Tom Yaley Sr. (Yaley Ent.) won the President's award.
Innovations (for best new products, voted by retailers who
evaluated the products in the Innovations display). Art
Materials/Framing: The Color Wheel (www.colorwheelco.com)...
Fabric/Quilting/Needlecraft: Cottage Mills (www.cottagemills.com)
... General Crafts: Testors (www.testors.com)
... New Exhibitor: Stampn Around ... (www.stampinaround.com)
... Scrapbooking/Paper Crafts: Judikins (www.judikins.com) ... Judikins also won the "Best in Show" award.
Golden Press Kit Awards (for the best press kits, voted by
members of the press who attended the show). Gold: Paper Salon (www.papersalon.com)
... Silver: Scrapworks (www.scrapworks.com)
... Bronze: Making Memories (www.makingmemories.com).
CHA Board. Elected to his first three-year term was Ron
LaRosa (Delta). Re-elected to a second three-year term was
Jane Marski (Hanna's Home Accents); Mike McCooey (Plaid);
and Mike Hartnett (Creative Leisure News).
HEARD IN ATLANTA
"Unless you align yourself physically, mentally, and
spiritually, you won't succeed as a person, and then always remember
where you came from." ... "The arts are sometimes the key
that unlock kids so they can give their gifts to the world."
Henry Winkler, CHA speaker
"I can no longer afford to do consumer advertising to drive
traffic into stores because the chains have taken all my
margin." Major craft manufacturer
"When designing a product, keep things simple, so the
inherent goodness of the product comes through." Robyn
Waters, CHA speaker
"This is a unique industry. It can't go anywhere without
designers and small manufacturers." Jim Bremer, Tall
Mouse (and Chair of the CHA board of directors)
"My opinion of Michael Rouleau [CEO of Michaels]: I founded
and created Michaels. Without an idea that a $4 billion company
could be built. Without Michael Rouleau there would not be a $4
billion Michaels chain. He has done all of the work it takes to
build this size of company, and he deserves 100% of the credit. Over
the years we have had our differences, but when it is all said and
done, Michael Rouleau has done a wonderful job." Mike
Dupey
Worst idea of the month: We heard unconfirmed reports that two
chains (not our industry's major chains) are contemplating not
paying vendors until the product is bought and scanned at checkout.
WHILE YOU WERE IN ATLANTA
Michaels. Will open its third Star Decorators Wholesale in
Scottsdale, AZ next month. The 30,000-sq.-ft. store will provide
merchandise (15,000+ SKUs) for interior decorators and designers,
florists and floral designers, wedding and event planners, gift shop
owners, etc. The first two stores were opened in Dallas and Atlanta.
Star is a separate operation with its own management and
merchandising team under the direction of Duane Hiemenz, Sr. VP of
New Business Development. The Scottsdale location will offer the Design
Connection, a free referral service designed to introduce
interested consumers to qualified professionals. Visit www.stardecorators.com.
Garden Ridge. Filed a reorganization plan to emerge from
bankruptcy. Visit www.gardenridge.com
to read a copy of the plan, which still needs court and creditor
approval. Garden Ridge has 35 stores in 13 states.
Mergers. Perhaps inspired by the Sears-Kmart deal, Macy's and
Filene's conducted merger negotiations, but the talks broke off,
then rumors spread that they may resume.
Wal-Mart. Announced it would close its Jonquiere, Quebec
store, which had received union certification last October. The
union said it would file charges against the discounter with the
Quebec Labour Relations Board, the Associated Press reported. The
closure announcement came a few days before Wal-Mart employees in
the tire/lube express department of the New Castle, PA store voted
against joining the United Food and Commercial Workers union.
Paper. Borders announced it's launching a stationery and gift
store, Paperchase, inside its superstores, the Detroit
News reported. The first "stores" are expected to open
in northern California later this month; the rollout is expected to
be chain-wide by the end of next year. The bookseller eventually
plans to open stand-alone Paperchase stores in malls across
the country. In July, Borders had acquired a majority stake the
British stationery company, Paperchase Products which already
operates some of its locations in Borders' stores in the United
Kingdom. To learn more about Paperchase, visit www.paperchase.co.uk.
CHECK OUT EXHIBITORS AFTER
THE SHOW
Did you miss visiting a booth? If so, the CHA show website is
still online, with access to the websites of all of the exhibitors.
Follow these simple instructions:
1. Go to www.chashow.org.
2. Click on the Exhibitor menu, then 2005 Exhibitor List and
Floor Plan. 3. Click on 2005 Preliminary Floor Plan and wait
for it to load. 4. Make certain your "pop-up
blocker" is off. (You can find that on the Tools menu of your
browser). 5. If you double-click on an exhibitor's name in
the exhibitor list in the left-hand column, you will be taken to the
exhibitor's website.
MISCELLANEOUS RESEARCH DATA
Gift Cards. According to estimates compiled by Deloitte
Research, as of mid-February, only 61% of the gift cards given as
presents this past Christmas have been cashed in, the St. Petersburg
Times reported. The average holiday shopper gave away 3.2 gift cards
worth a total of $142 during the holidays.
Cameras. The Consumer Electronics Assn. reported that
2004 factory-to-dealer sales of digital cameras rose 21% to $4.7
billion; unit sales rose 28% to 18.85 million units. Consumers are
buying better cameras, too. Sales of cameras with five or more
megapixel resolutions rose 176% to 7+ million. CEA Market Research
projects 20.16 million digital cameras totaling $5.14+ billion will
be sold this year ... The Photo Marketing Assn. says 52% of
U.S. homes will own a digital camera by the end of the year and
predicts falling prices as vendors try to attract sales to the other
48% and consumers buying a second digital camera.
Home Dec. No wonder it's getting hot. An increase in
single-family housing pushed total U.S. housing starts to the
highest number in almost 21 years, Reuters reported. And home
remodeling is soaring, too, due in part to an increase in women
doing home improvements. Business Week reports that Home
Depot, Sears, Lowe's and others are adjusting their merchandising
strategies to attract more women.
Kids. Retail sales in the U.S. toy industry fell 3% to $20.1
billion in 2004, according to a study by The NPD Group, Playthings
reported.
Stock. Wal-Mart and Dollar General were listed as two
of the top performing stocks over the past 25 years, according to a
survey by FactSet Research Systems, MarketWatch.com reported. The
top stock was Eaton Vance Corp., a mutual fund company.
Internet. According to Whereoware.com, the top five keyword
searches in January were, in descending order: candles, scrapbooks,
Wizard of Oz, lamps, and Betty Boop, Gifts & Decorative
Accessories reported.
Art. A survey of AmericanStyle magazine readers
revealed that New York was the #1 Arts Destination, followed
by Chicago, Washington DC, Buffalo, Cincinnati, Santa Fe, San
Francisco, Seattle, Boston, and Asheville, NC.
Brands. Brandweek magazine surveyed consumers for its
annual customer loyalty awards. Among the winners that are relevant
to businesses and travelers: Airline: JetBlue ... Car Rental: Avis
... Computer: Apple ... Credit Card: Discover ... Hotel: Hyatt ...
Long Distance Phone: Verizon ... Mobile Phone: Samsung ... Office
Copier: Canon ... Online Travel: Expedia ... Parcel Delivery: FedEx
... Retail Store: Wal-Mart ... Search Engine: Google ... Wireless
Phone Service: Verizon / T-Mobile (tie).
RANDOM NOTES, RANDOM THOUGHTS
1. Some readers wondered about why the "Industry
Poll" indicated why a sizable number of vendors and retailers
(not a majority, but sizable) were planning to attend fewer shows
this year. Two reasons, I think: scrapbook vendors and retailers
having cash flow problems and the Internet. Retailers can order an
enormous variety of products online (but of course, they never see
the great new products from new exhibitors at trade shows).
2. Sign of the times. I had dinner with an old friend who is
president of a technical college in the Atlanta area. He said,
"We used to devote a major portion of our curriculum to
preparing students for manufacturing jobs. Now we've had to
completely rethink it because all the manufacturing jobs are going
offshore."
3. As always, there were a multitude of new products hidden
away in various booths. A good example is the new Creative Iron line
from StenSource. It's adhesive-backed, pre-cut fabric in a variety of designs and colors. Simply peel, place, and press
onto most any surface, including scrapbooks. Visit www.stensource.com.
4. Our very best wishes to one of our favorite couples, Gerry
Gerri and his wife, Charlene. Gerry has retired from his sales rep
business.
MISCELLANEOUS NEWS
HOBBY LOBBY. Steve Green has been named President. David
Green remains as CEO and says he has no intentions of retiring. "No
one is stepping down," David said, "we're stepping
up."
SCRAPBOOKS. CLN has heard an unconfirmed report that
you can add another name to the long list of retailers now (or
planning to) sell scrapbook supplies: Hancock Fabrics.
INTERNET. The Target website seems to offer far more
scrapbook supplies than the stores. Visit www.target.com
and type "scrapbooks" and "scrapbooking" in the
search engine.
WAL-MART. Earnings for the fourth quarter ended Jan. 21 rose
16% to $3.16 billion ($0.75/share), higher than analysts expected.
Reuters reported. Sales rose 10.4% to $82.22 billion. Same-store
sales in the U.S. rose 1.4%. CEO/President Lee Scott said, "We
can look forward to even better results in the current year."
BEADS. Here's a use for beads we hadn't thought of: making
rosaries. The Standard-Times (MA) reported on a group from
Our Lady's Chapel that meets weekly to make rosaries for Catholics.
"The easiest place to start is Wal-Mart or A.C. Moore
for string and beads," one of the participants told the Times.
KIDS. As part of its National Craft Month celebration,
the 846 Michaels stores will host a "Build-a-Buddy"
Free Family Event Mar. 19. The event is co-sponsored by
Binney & Smith and its Crayola division. Throughout March
Michaels will conduct a variety of free product demos, craft
activities, and classes. The month kicks off with a free Scrapbook
Discovery Day Mar. 5, a 4-hour, interactive event designed to
introduce scrapbooking to consumers.
TOYS. The Associated Press reports that most toy industry
analysts expect the toy division of Toys R Us will be sold to
an investor who will remain in the toy business, possibly closing
some stores to sell the real estate. TRU will continue operating its
Babies R Us stores. A decision is expected soon.
SEWING. There's growing resentment by vendors (and, we
assume, buyers) about there being two spring and two fall sewing
trade shows. Vendors and buyers do not want to attend/exhibit at
four shows. Vendors want to exhibit where the buyers will be, and
vice-versa, but no one is certain which shows will be the winners.
CONSULTANTS. Duckwall-ALCO hired two business service
providers to help lower benefit plan expenses and improve corporate
communications. Meanwhile, the search for a new CEO continues.
(Isn't everyone trying to reduce or limit the rise of health
insurance costs?)
YARN. Huntington (WV) High School has started a knitting
club, reports the Huntington Herald Dispatch ... The
Associated Press published a story about the increase in men
knitting.
INTERNET. Primedia, owner of Creating Keepsakes, Craftrends,
and other industry-related magazines, has put up for sale About.com,
which contains numerous industry-related sections for consumers.
About.com is the eighth-most-visited site on the Internet, according
to comScore Media Metrix, TheStreet.com reported ...... Walmart.com
unveiled a same-day floral delivery service in time for Valentine's.
KIDS. Binney & Smith is back in the kids/toys/crafts
business with Girlfitti jewelry, fashion, and scrapbooking
kits, and Pom Pals, fuzzy animals with mix-and-match body parts, Playthings
reported.
PAINTING. The Sporting News profiled Desmond Mason, a
member of the Milwaukee Bucks NBA basketball team. SN reports
that he is an accomplished painter with two one-man shows under his
belt and another in the works.
LEGAL, I. Wal-Mart will pay $135,540 to settle federal
charges that it broke child labor laws, the Labor Dept. said. The 24
violations, which occurred at stores in AR, CN, and NH, dealt with
teenage employees using hazardous equipment, the Associated Press
reported ... The Labor Dept. will review the settlement because a
Congressman complained that the agreement includes Wal-Mart
receiving 15 days notice in most cases before the Labor Dept.
investigates employee complaints of wage and hour violations.
LEGAL, II. Sam Wyly, a member of the Michaels board
and a major stockholder, is suing Ernst & Young's for $80
million for its audit of Computer Associates' books for fiscal 1999,
which influenced his decision to sell his company, Sterling Software
for CA stock.
SHOWS. ScrapbookBIZ, the new scrapbook trade show
scheduled for Apr. 11-14 in Columbus, OH, announced its lineup of
speakers and seminar leaders: Julie McGuffee, Priscilla Hauser,
Pamela Grimm, The Color Institute, Pamela Smart, Kathy VanDorp,
Kathy Bremer. Leslie Frederick, Kevin Nelson, Kathe Cunnigham,
Andrew Crouse, and Sandra Joseph. For more info, visit www.scrapbookbiz.com.
PEOPLE. Brian McReavy is National Sales Manager for Walnut
Hollow. His resume includes Dir. of Sales/Marketing for Add
Your Touch ... Cari Clement is the Dir. of Fashion & Design
for Caron.
SEWING. The 20th series of America Sews with Sue Hausmann uplinks
to PBS stations Apr. 2. The theme is "Transcending the
Trends." Sponsors are Husqvarna Viking, Jo-Ann's, Sulky of
America, Rowenta, The Warm Co., Hewlett-Packard, Rit Dye, Unique,
Sew Precious Creations, Kandi Corp., Krause, Mount Redoubt Designs,
Springs Creative Products, and Sudberry House. Call your PBS station
and ask for it.
LICENSING. Pokemon, a wildly popular kids phenomenon a
few years ago, just granted a new license to Rose Art for
craft and activity sets, Playthings reported.
IMPORTS. The U.S. Senate is considering a bill that would
place a 27.5% tariff on Chinese imports unless China agrees to float
its currency within 180 days of the bill's passage. The Retail Industry Leaders Assn., an alliance of the country's
largest retailers, announced its opposition to the legislation. (Comment:
While the bill, introduced by Sens. Charles Schumer (D- NY),
Lindsey Graham (R- SC), and Debbie Stabenow (D- MI), has at least
some bipartisan support and might pass, it would probably be vetoed
by President Bush, who needs China's support to encourage North
Korea to give up its nuclear weapons.)
CONTEST. The National NeedleArts Assn.'s third annual Student
NeedleArts Design Competition is now accepting entries. The
competition is open to students enrolled in a post high school
educational curriculum or "nonprofessionals," age 18 and over,
sponsored by a TNNA member. Deadline for entries is April 30. To
download an entry form, visit www.tnna.org/pdfs/studentdesigncomp.pdf.
For more info, email Sherry Mulne at bdirect@columbus.rr.com
or call 614-237-0700.
WRITING. Noted needlework designer Lois Winston is a finalist
for the Romantic Times book club and Dorchester Publishing's
first-ever American Title competition. You can vote for
"Best Romance Scene" starting today through Mar. 6. Visit www.romantictimes.com/index.html?/e_news/amtitle2.shtml
and vote for Resurrecting Gertie.
CONDOLENCES. Our best wishes to the family of Janet Iyoya,
Sr. VP of Creativity, who passed away last last year after a
long battle with cancer. "I have known very few people who
have had the influence, dedication and commitment, while sacrificing
their personal life and consistently putting the company first.
Janet has continually done so since she first began at Westrim
Crafts" said Gary Deitsch, President of Westrim Crafts.
Memorial donations may be made in Janets name to the National
Cervical Cancer Coalition, 2625 Alcatraz Ave, Ste. 282, Berkeley, CA
94705.
WAL-MART. To read a highly partisan/selective but fascinating
report on Wal-Mart, visit www.purpleocean.org/walmart/?src=dems.
QUOTATION. "It's certainly true that manufacturers have
a lot less pull in the marketplace than they used to. But they
haven't lost it to Wal-Mart and Target. They've lost
it to you and me. The real transformation of the past 30 years is
the rise not of the American retailer but of the American
consumer.... That's why Wal-Mart is so tough to negotiate with, and
so relentless in its quest for lower prices and lower costs.
American consumers now consider it their due to have access to a
wide variety of cheap, reliable goods. Their allegiances are fickle;
brand loyalty is in fast decline." James Surowiecki,
in the 2/14 & 21 edition of the New Yorker
PAINT. A new group of shareholders, led by Patrick Giraud and
current president Jim Daler, have taken total control of the Daler-Rowney
Group. Giraud, with 20+ years experience in art materials, said,
"Daler Rowney is a wonderful global brand with significant
market share in colours, surfaces, and brushes....The objective of
these new shareholders is to be strong partners as we move into an
exciting period of development and new projects."
TAXES. Montana's legislature is considering a special tax on
big-box retailers to offset welfare costs for low-paid employees of
the retailers. A 1% tax would apply to each store with sales more
than $20 million, rising to 2% in stores with $40+ million in sales,
Reuters reported.
RETAIL. The New Jersey Dept. of Labor and Workforce
Development awarded a $483,000 grant to the Jersey Gardens Retail
Skills Center to train retail workers and promote retailing as a
career.
BUSINESS PROFILE
Note: CLN will profile one company per issue, which will
remain online for at least a year. A Profile is a perfect way for a
new company to let itself be known to the industry, or for an
established company to enhance its reputation by showing the
industry its history, diversity of products, personnel, etc. For
more information on how your company can be profiled, call Mike
Hartnett at 309-925-5593 or email mike@clnonline.com.
THE CREATIVE NETWORK: JOB
OPENINGS
To view a partial list of the latest available jobs, click on
Jobs in the left-hand column or click HERE.
THE CLN RETAIL INDEX
A. C. Moore (ACMR). Last*: 26.47 ... Change**: -0.73
Hancock Fabrics (HKF). Last*: 8.90 ... Change**: -0.03
Jo-Ann Stores (JAS). Last*: 30.33 ... Change**: +1.43
Michaels (MIK). Last*: 31.96 ... Change**: -0.69
Wal-Mart (WMT). Last*: 52.72 ... Change**: -0.74
CLN Retail Index. Last*: 150.38 ... Change**: -1.0%
Dow Jones Index. Last*: 10,785.22 ... Change**: +0.6%
*Feb. 18 ** from Feb. 4 Prices are exclusive of dividends
THE VALUE OF STATISTICS
Robyn Waters, a CHA keynote speaker, former head of
product development at Target, and now a consultant,
suggested to the audience that if they want to spot emerging trends,
they should take market research/statistics with a large grain of
salt. Waters believes they define what has already happened. Some of
her thoughts:
1. "Not everything that counts can be counted."
Albert Einstein.
2. "When you only look at the numbers, you don't always
get the right answers."
3. "Statistics are like bikinis. What they reveal is
interesting; what they cover up is vital."
REMINDERS
1. For more information on how your business can be the subject
of a "Business Profile" call Mike Hartnett at 309-925-5593 or email mike@clnonline.com.
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5. Creative Leisure News is published the first and third Mondays of each
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