How much of holiday shopping has shifted online? Quite a bit, new report says
Chicago – Online shopping is the way to go this holiday season, according to a report from Circana, with more than three quarters of consumers saying they plan to do holiday shopping online this year....
View ArticleAnalysts are getting ‘mixed signals’ about the economy. What does it mean for...
Washington – The National Retail Federation still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack Kleinhenz...
View ArticleRetail Monitor reports modest sales gains for home furnishings and furniture...
Washington – October sales were up in year over year in 7 out of 9 retail channels following a sluggish September performance. Furniture and home furnishings stores were up 0.58% month over month...
View ArticleNew Lemieux et Cie flagship to serve 2 purposes
New York — Home furnishings brand Lemieux et Cie opened its flagship retail destination, the Lemieux et Cie Design Studio and Store, on Nov. 11. Located at 14 Crosby Street in Soho, New York, the space...
View ArticleNew president appointment at Family Dollar to oversee potential sale or spin-off
Chesapeake, Va. – Dollar Tree Inc. has announced 3 executive changes, including one that could determine the fate of the Family Dollar chain. The company has appointed Jason Nordin as president of...
View ArticleMacy’s CEO talks tariffs, sourcing diversification
New York – Tariffs, consumer sentiment and store closings were on the agenda this week as Macy’s Inc. chairman and CEO Tony Spring sat down for a conversation during the Yahoo Finance Invest...
View ArticleIkea’s 3rd DFW-area store will widen regional reach
Conshohocken, Pa. — By December 2025, Top 50 retailer Ikea U.S. expects to have a third full-sized store in the Dallas-Fort Worth market. The retailer, part of the Swedish furniture manufacturing and...
View ArticlePerigold hastens brick-and-mortar plans with spring debut in Texas
Boston — Perigold, the luxury home brand within the Wayfair portfolio, is planning to open a store in spring 2025 in Houston’s Highland Village, moving up the debut of its brick-and-mortar presence....
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It’s on! Amazon takes the fight to dirt cheap marketplaces
Photo courtesy of Amazon Seattle – Move over, Temu and Shein. Amazon has created its own DTC model offering ultra low-cost merchandise. The e-comm giant just launched a beta test in the U.S. for a...
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Kirkland’s brings on consultant to chart store opening path
Boston – As Kirland’s maps out a store opening strategy for Bed Bath & Beyond curated stores as well as its Kirkland’s Home banner, it will have outside assistance. Gordon Brothers, the global...
View ArticleHome regains its footing at Walmart U.S. as general merch returns to positive...
Bentonville, Ark. – General merchandise comp at Wal-Mart U.S. rose in the low single digits during the third quarter, with unit growth showing particular strength in home, toys and some hardlines...
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Home lags behind in Target’s Q3 performance
Minneapolis – There were a few bright spots in home at Target during the third quarter, but not enough to keep the category from generating the steepest comp decline across the business. Same-store...
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TJX Cos. remains bullish on home after strong Q3
Framingham, Mass. – The home business was healthy across the board at TJX Cos. in the third quarter, including in international regions and stores that carry a mix of home and apparel. In the U.S.,...
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Dormify’s leading unsecured creditors owed more than $4.6 million
New York – Dormify, the DTC etailer specializing in dorm essentials and décor, filed for Chapter 11 bankruptcy earlier this week. The voluntary petition, filed in the U.S. Bankruptcy Court in Delaware,...
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Bed Bath & Beyond partnership with Container Store could go kaput
Midvale, Utah – Beyond Inc.’s agreement to invest in The Container Store appears to be in trouble. Late this afternoon, Beyond announced that if The Container Store fails to secure new financing on...
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By George! Williams Sonoma teams up with makeup artist Bobbi Brown
San Francisco – Williams Sonoma Home has launched a new collaboration with the owners of The George, a 31-room boutique hotel in Montclair, N.J. The hotel is owned by renowned makeup artist Bobbi Brown...
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Ross Stores’ business slows after a solid 1st half
Dublin, Calif. – Ross Stores blamed execution misses for its slack performance during the third quarter. Hurricanes Helene and Milton, along with unseasonably warm temperatures, also weighed on sales,...
View ArticleStruggling to understand consumers? New report identifies why ‘unpredictable’...
Chicago – The Kearney Consumer Institute (KCI) has released a consumer research report that “upends much of the conventional wisdom around brand proliferation, over-reliance on data and consumer...
View ArticleMost customers do not trust social commerce platforms like TikTok Shop … for now
New York – New research from post-purchase consumer experience software company AfterShip and market research company Ipsos has revealed that trust and security are significant factors influencing how...
View ArticleMacy’s top line on track, full results on hold pending investigation
New York – Macy’s Inc.’s consolidated sales fell slightly as underperformance at the bulk of Macy’s department stores offset gains in other businesses. Total company net sales decreased 2.4% to $4.742...
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