Parachute celebrates 10th year with innovative recycling program
Venice Beach, Calif. – This summer, bedding company Parachute will celebrate its 10th anniversary by launching an in-store textile recycling across its retail stores nationwide. The company will accept...
View ArticleTJX Cos. takes a sizeable stake in Mexican off-price banners
Framingham, Mass. – The TJX Companies is expanding its reach south of the border through a joint venture with Grupo Axo. Under the terms of the definitive agreement, TJX would own 49% and Axo would own...
View ArticleWhy an independent retailer association has slapped Amazon with a $1+ billion...
London – A group representing more than 35,000 independent retailers has filed over 1,150 pages of documents in a US$1+ billion claim against Amazon. British Independent Retailers Association (Bira)...
View ArticleJoann’s new board stocked with former merchants
Hudson, Ohio – As it searches for a permanent CEO, fabric and crafts retail Joann has named a transitional CEO and a new board of directors that includes former merchants from Macy’s, QVC and the...
View ArticleA significant jump for retail sales in May
Washington – May sales were up in 5 out of 9 retail categories, according to the CNBC/NRF Retail Monitor – which uses actual, anonymized credit and debit card purchase data compiled by Affinity...
View ArticleCollege goers the focus of At Home’s new Oh Joy! collection
Dallas — At Home is targeting the back-to-college market through a new collaboration with lifestyle brand creator and designer Joy Cho. The Oh Joy! line spans a wide range of home-related products...
View ArticleHomesense opens 1st store in major Texas metro
Framingham, Mass. — Homesense, the latest home furnishings brand from The TJX Companies, opened its newest showroom in the greater Houston area on May 9. Local reports from the Houston Chronicle and My...
View ArticleHavenly continues acquisition streak with addition online textiles brand
Denver — Luxury home brand Havenly, which just two months ago acquired The Citizenry, has followed up with the purchase of select assets of St. Frank, an online retailer focused on printed textiles and...
View ArticleWayfair adds zero waste target to corporate responsibility goals
Boston — Wayfair, which just issued its third corporate responsibility report, has made a commitment to achieve zero waste across its global operations by 2030. The target aims to divert more than 90%...
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Who bumped up their home biz in Q1? A select few
New York – The major retailers of home textiles have now reported their first quarter results and filed their 10-Qs with the SEC. This easy-to-scan review provides insight into their home business. The...
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Ikea’s new textiles collection is made for creativity
Fabrics in Ikea’s new Tyg collection measure 3 meters, a little larger than 3 yards. (Photo supplied by Ikea) Delft, Netherlands – Ikea is readying a new textiles collection for creative types with...
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Continued investments, softer demand drive RH to Q1 loss
Corte Madera, Calif. — Growth-related costs, coupled with rough economic waters drove Top 100 retailer RH to post losses in the first quarter of FY 2024. For the three months ended May 4, the Corte...
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Lowe’s new marketing chief to foster integrated marketing and merchandising...
Jennifer Willson, SVP/CMO (Photo provided by Lowe’s) Mooresville, S.C. – Lowe’s has promoted an insider with more than 20 years of combined experience in marketing and merchandising. Jennifer Wilson –...
View ArticleThe Container Store expands presence in Virginia
The Container Store is opening two new stores in Virginia this summer, bringing its total national store count to 104. The first will open June 15 at the Springfield Plaza in Springfield, and the...
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Beyond Inc. flattens leadership and merchandising structure
Marcus Lemonis Midvale, Utah – Just 4 months after appointing a CEO specific to the Bed Bath & Beyond business, Beyond Inc. is restructuring its org chart. The company this morning announced it...
View ArticleJCPenney ponies up $40 million for supply chain upgrades
Plano, Texas – As part of JCPenney’s $1 billion refresh strategy, the retailer is laying out $40 million to increase order efficiency and speed for online shoppers. The investment is going to the...
View ArticleHome furnishings and furniture retailers way off pace in retail industry
Washington — Turns out even a major tentpole event like Memorial Day couldn’t reverse the recent slump in furniture and home furnishings sales. The category’s struggles continued in May with another...
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Print-driven lifestyle brand teams up on textiles collection with Pottery...
San Francisco – A new collaborative collection takes aim at both college dorms and kids’ rooms at Pottery Barn Teen and Pottery Barn Kids. The nameplates have teamed with Roller Rabbit, known for its...
View ArticleRH’s latest sourcebook shows off its modern side
Corte Madera, Calif.—RH is showcasing its latest collections of contemporary furnishings, lighting and décor, which number more than 50, in its 364-page RH Modern Sourcebook. “We believe the new modern...
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Delilah Home rolls out recycled – and recyclable – towel construction
Weddington, N.C. – Direct-to-consumer home textiles brand Delilah Home is adding to its extensive range of sustainable textiles. The new Drytek by Delilah towel is made from 100% Global Recycled...
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