‘Inch wide, mile deep’ focus leads RH to sales gains in 4Q and full year
Corte Madera, Calif. — Top 50 retailer RH reported gains in net sales for the fourth quarter and full fiscal 2024 year in its latest earnings report. For the three months ended Feb. 1, the Corte...
View ArticleYour chance to weigh in on the latest tariffs proposal – HTT survey
New York – What impacts does your business expect from President Donald Trump sweeping new tariffs on U.S. trading partners? We are seeking your input on this important topic and its impact on the home...
View ArticleClik here to view.
Big Lots’ comeback begins next week
Image provided by Variety Wholesalers Henderson, N.C. – The first of four rounds of Big Lots store re-openings will kick off on April 10 as Variety Wholesalers prepares to stand up 219 locations by...
View ArticleHome furnishings industry braces for ‘very significant’, long duration impact...
New York — The latest round of tariffs proposed by President Donald Trump, which includes double-digit levies on many of the United States’ leading trading partners, will have a very significant impact...
View ArticleMarimekko teases fall bedding capsule collection at Milan Design Week
Milan – Marimekko and New York-based artist Laila Gohar have created an immersive experience to promote an upcoming bedroom-themed Marimekko capsule collection launching in September 2025. The...
View ArticleClik here to view.
Aerin goes bigger at Pottery Barn brands with launch in another retail division
San Francisco – The Aerin brand created by Aerin Lauder continues to expand across the Williams-Sonoma Inc. portfolio of nameplates. Following on previous collections with Williams Sonoma, Williams...
View ArticleClik here to view.
A new DIY delivery is rolling out at Ikea, one of several initiatives to...
New York — Ingka Group, the largest Ikea retailer and representative of approximately 90% of Ikea retail sales, has announced a new initiative designed to help urban consumers get their purchases...
View ArticleAmazon CEO: Startup mentality is behind company’s success
Seattle — Amazon is aiming to be “Earth’s most customer-centric company,” said CEO Andy Jassy in his annual letter to shareholders. In explaining what makes the $638 billion e-commerce company “tick,”...
View ArticleClik here to view.
Amid tariff tumult, Walmart lays out long-term strategy
Photo provided by Walmart Inc. Bentonville, Ark. – Walmart plans to aggressively expand its product assortment and leverage technology to navigate through the bumpy economic environment, executives...
View ArticleClik here to view.
Wayfair to vendors: Hold off on tariff increases
Niraj Shah Boston — In a letter to vendors, Niraj Shah, CEO and co-founder of digitally native home furnishings retailer Wayfair, urged patience and timing as it relates to any tariff-related price...
View ArticleHome furnishings/furniture stores see a small bump in March sales
Washington – Sales at home furnishings and furniture stores got a lift last month as overall retail sales turned positive after two straight months of declines. Total retail gains were moderate as...
View ArticleGimme cookie! Mattress Mack assists local Girl Scout troups | Sheila Long O’Mara
Sheila Long O’Mara is executive editor at HTT sister publication Furniture Today. The 2025 Girl Scout Cookie sale may have come to an end in Houston, but, if you need a fix and are in the area, I know...
View ArticleIs At Home considering a bankruptcy filing?
Plano, Texas — The Wall Street Journal is reporting that Top 50 retailer At Home Group is considering numerous options for tackling debt, including a possible bankruptcy filing. In Home Textile Today’s...
View ArticlePre-tariff bump? Home furnishings store sales up big in March, says DOC
Washington — Furniture and home furnishings sales in March outpaced their 2024 numbers by more than seven points according to the Department of Commerce’s advance monthly estimates. For the month, the...
View ArticleClik here to view.
Hudson’s Bay Company cashing out its Royal Charter to repay massive debt
Fast Facts: Hudson’s Bay plans to auction its 1670 Royal Charter and other historical artifacts. The company is seeking to repay $950 million in debts. Court approval is required for an auction to...
View ArticleClik here to view.
Wayfair keeps expanding scope of Way Day promotion
Image courtesy of Wayfair. Boston— Wayfair is kicking off its Way Day sales promotion April 26 and running the event for three days across its online and physical store footprints. Recently launched...
View ArticleRetail sales rise in March despite consumer jitters over tariffs
Washington – Data released yesterday by the U.S. Census Bureau showed retail sales grew in March even though consumers “continued to worry about the impact of rising tariffs,” said Jack Kleinhenz, the...
View ArticleTexas two-step: Ikea picks spots for more stores
Conshohocken, Pa. — Top 50 retailer Ikea U.S. announced a pair of store openings for later this year in Texas. In the fall, the Swedish retailer will open a small format store in Pharr in the Rio...
View ArticleClik here to view.
Selling to the 1%? This strategist says to ditch the pitch and sell a story
High Point, N.C. — With retail facing the prospect of squeezed middle- and lower-income customers in 2025, high-net-worth buyers — and the luxury products they favor — could account for an outsized...
View ArticleRetailers misjudge shopper priorities, loyalties amid rising costs, says...
Chicago – Rakuten, a cash back shopping platform, has released a new study in conjunction with the Harris Poll, revealing a disconnect between shopper brand loyalty and retailer confidence as economic...
View Article