Industry manufacturers express cautious optimism for the year ahead
IF YOU’RE READING THIS, YOU MADE it through 2017. And for the most part, 2017 was a strong year for the U.S. economy, which sustained 3% growth for two consecutive quarters, after years of meager growth.
First IMC Gift & Home Summit focused on economy
Robert Reich, Jon Huntsman and Claire Shipman spoke at the conference
LAS VEGAS - Economics and business - macro, micro and everything in between - were the focal points of the first-ever Gift & Home CEO Summit, presented by International Market Centers and Eller Enterprises and held here last week.
Eller Enterprises Congratulates These Fine Companies
Ganz on its recent acquisition of Midwest-CBK from MVP Group International
FORMER CABINET MEMBER & FORMER AMBASSADOR TO CHINA PRESENT KEYNOTES AT INAUGURAL IMC GIFT+HOME CEO SUMMIT IN LAS VEGAS
Jon Huntsman, Jr. & Robert Reich Will Address Industry Leaders in January
Former Ambassador to China, Jon Huntsman, Jr., and former U.S. Secretary of Labor, Robert Reich, will be featured keynote speakers at International Market Center's inaugural Gift+Home CEO Summit at the Las Vegas Market in January 2013.
Eller Enterprises Congratulates International Market Center
I repeat... Inflation is coming
IN AUGUST OF LAST YEAR, I predicted in this column that we would see inflation this year due to significant changes that are happening in China relative to the factories that serve this industry.
Bling bling: Your registers will ring
OK, NOW THAT I HAVE YOUR ATTENTION, let me tell you a little historical story to back up what I'm about to say.
It's Not 2009
As the fourth quarter begins, I find myself thinking back to the summer gift shows and a lot of the comments I heard.
Inflation Coming. Time to Address Perceived Value
The winds of change are blowing harder than they ever have before in China, the country that controls the destiny of our industry more than any other. We are about to find out that unlike Las Vegas, what happens in China does not stay in China.
It's spring, in more ways than one. The recovery has started. I see it everywhere I go and in everything I read. It's tentative. It's fragile. But it's there, and it's going to gain momentum from here.
Randy Eller to receive Industry Achievement Award
Gift for Life, the gift, stationery and home decor industries' leading charitable organization, announced today that Randy Eller will be honored with the Gift For Life Industry Achievement Award during the Gifts & Decorative Accessories 59th Annual Retailer Excellence Awards, taking place in August 2010 in New York City..
Price vs. Value
As we enter the New Year, I'm thinking back on all the conversations I've had this year with manufacturers and retailers about the things that caused them the most lost sleep last year.
Oh, What A Year!
Well, I'm finally ready to say what most of us have been waiting to hear all year ... It's almost over!
Time to Get Back in the Game
As I write this column, two different news items have passed before me in the last 24 hours that lead me to believe things really are starting to turn for the better.
Big Problems Equal Big Opportunities
They say that adversity creates big challenges, and big challenges create big ideas. Certainly in my experience in business, that is true. In fact, some of the best ideas I've ever seen were hatched during the most stressful of times.
In the Eye of the Storm
As I write this in the early days of March, I almost feel our economy, and our industry, are in the eye of a hurricane. As you know, the early stages of a hurricane are usually followed by a calm period in the eye of the storm and then the inevitable slap of the backside of the storm.
Do You Have a Systemic Failure in Your Business?
Well, for the last several columns, I have been giving hints and suggestions about how you can look at your business in a different way and get ready for uncertain times. I certainly didn't want to be the first to utter the dreaded "R" word - recession. However, I see by the newscasts and my morning papers now that some powerful brains at some universities and politicians have announced that we are, officially, in recession.
A Blended Approach?
In case some of you missed it, there was a wonderful column in the August issue of Home Accents Today by Jenny Heinzen York. The subject was the decision by Moe's Home Collection to open retail stores. The editorial discussed this direct-to-consumer approach by a vendor, along with direct-to-consumer Web sites operated by vendors. She challenged the industry to answer the question as to whether these kinds of efforts are the wave of the future and how can independents compete with these efforts.
It's that time of year again when we all start getting very excited about attending summer shows. Anticipation, as always, is running high at the chance to see all the new creative products the vendors have found and to get ready for the fall season.
Recession? Strategies to win either way
I will leave it to the economists, the CNBC guys and the politicians to continue waging the debate on whether we are in a recession, about to enter one or experiencing a false alarm. I certainly don't have the crystal ball to say either way. In fact, I wish I could feel comfort that they do! The real question is: How will your business continue to make money in any economy we face?
So, what's old?
What's new? Without a doubt, this is the No. 1 question on the lips of every person involved in this industry. Whether you are a manufacturer, sales rep or retailer, this is generally the way every conversation starts when two people in this industry meet anywhere in the world.
Business Memo - The power of focus
Do you remember when you were a kid in school? If you struggled (as I did), you probably remember when your teacher helped you, they would tell you that you needed to "focus" harder.
Business Memo-- Are you a 'For Profit?'
Learn more about profitability, the internet and ideas for smaller retailers.