Home Goods

DENVER — Things may not be working out for Tim Tebow as a Jets quarterback, but he’s got something to fall back on. His foundation has entered into a third-year, multifaceted agreement with national furniture retailer Furniture Row Companies.

New York -- Third quarter same store sales at Bed Bath & Beyond were negatively affected by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits.

Bed, Bath & Beyond said net income for the third quarter ended Nov. 24, increased 1.8% to $233 million.

Sales increased 15.3% to $2.7 billion, largely due to two acquisitions earlier in the year, while same store sales advanced 1.7% and were negatively affected by an estimated .9% due to Sandy.

BAKERSFIELD, Calif. — Ikea helped out young people transition out of foster care by donating 110 bags filled with Ikea products.

The Ikea "starter kits" included sheets, a comforter, pots and pans, towels and other in-home necessities.

Towson, Md.-based Black & Decker has introduced the GYRO 4V MAX Lithium-ion Rechargeable Screwdriver (BDCS40G).

The manufacturer describes the new product as “the world’s first motion-activated screwdriver.” It uses gyroscopic technology that allows users to rotate their wrist one-quarter turn to the right for forward or left for reverse.

The variable speed feature and direction change that occurs with a twist of the wrist provide improved control while screwdriving, the company said.

CORTE MADERA, Calif. — Restoration Hardware has expanded its Big Style/small spaces collection.

“We call it a collection of epic proportions,” says Creator and Curator Gary Friedman of Restoration Hardware's Big Style/small spaces source book, which features a tongue-in-cheek cover of a climber scaling the nose of Abraham Lincoln on Mount Rushmore. Friedman continued, “And good design is all about proportions.”

DALLAS and ATLANTA — The Home Depot bolstered its home improvement selection with the acquisition of U.S. Home Systems, a manufacturer of kitchen, bathroom and other remodeling products, as well as storage organization systems for closets and garages. Currently, USHS serves as the exclusive provider of kitchen and bath refacing products and services as well as closet and garage organizational systems to The Home Depot.

HUNTERSVILLE, N.C. -- Rubbermaid has introduced a new line of glass food storage products to its Easy Find Lids line. 

According to the company, the Easy Find Lids storage system, allows for easier storage because lids attach to each other and to the bottom of containers for storage, so the right lid is always at hand. Graduated sizes neatly nest within each other to save space.

The glass products are oven-safe up to 425 degrees, feature Flex & Seal leak-proof lids and are square shaped to maximize space.

San Jose, Calif.  -- Orchard Supply Hardware on Monday named Mark Baker president and CEO. Baker will also join the Orchard Supply's board.

In December the company announced it was looking for a replacement for then-CEO Rob Lynch, who resigned.  

Baker was most recently president and COO of The Scotts Miracle-Gro. Before that he worked in various roles at The Home Depot and was CEO of Gander Mountain Co.

CLEVELAND -- Sherwin-Williams announced that it is partnered with the lifestyle television network HGTV to launch "HGTV HOME by Sherwin-Williams," an exclusive line of interior paint and painting supplies in the second quarter of 2011. The licensing partnership includes eight unique color collections, durable and low-odor paint manufactured by Sherwin-Williams, as well as an array of smart tools designed to help consumers enjoy the perfect painting experience, the company reported.

NEW YORK - Home improvement expert Bob Vila announced the redesign of BobVila.com, which now offers digitized TV episodes and new home-related content that is easy to navigate, view and use.