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Ikea launches dozens of products to improve sleep
Conshohocken, Pa. – Ikea is stepping up its focus on sleep with a slate of new products for the bedroom. The sleep assortment refresh begins with a new line spring, foam and hybrid mattresses. They...
View ArticleIn the spotlight: CB2 introduces minds behind core designs
Chicago — CB2, the modern home brand from Top 50 retailer Crate & Barrel, is introducing the Designer Collective, the partners behind its highly curated selection of core designs. The Aug. 8 launch...
View ArticleTwice as nice. The Company Store unveils 2nd edition of co-branded bedding
Weehawken, N.J. – The Company Store’s first-ever collaborative fashion bedding collection launched just 4 months ago. Now it’s adding new lines. New to the retailer’s luxury bedding paired with Rifle...
View ArticleOnly 1 retailer’s private label home brand ranks in the top tier
Chicago – The most widely purchased store brands in the U.S. are, as expected, food and essentials labels – except for one. Walmart’s Mainstay’s brand is the only home brand to appear in the Top 15 of...
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Seasoned merchant to be honored at HTT/HFPA Foundation September market gala
Cynthia Castillo New York – The September market cocktail gala – co-presented by the Home Fashion Products Association (HFPA) Foundation and Home Textiles Today – will bestow 5 honors as part of the...
View ArticleDollar General seeks to diversify vendor roster
Goodlettsville, Tenn. – Dollar General has opened the application process to suppliers who meet at least one of 5 diversity qualifications. Eligible vendors can complete the online application now...
View ArticleHome category sales still dominate at QVC/HSN
Englewood, Colo. – Although home product sales contracted during the first half of the current fiscal year, home remains far and away the leading area of sales for the QVC/HSN division of Qurate...
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Higher-income households drive gains at Walmart U.S.
Bentonville, Ark. – General merchandise sales are improving at Walmart U.S., with home among the stronger performers in the segment. During the recent second quarter, general merchandise comp came in...
View ArticleHome furnishings store sales inch closer to YOY mark in latest report
Washington — Furniture and home furnishings store sales continued shrinking the year-over-year gap in the Department of Commerce’s advance monthly estimates report for July. For the month, the category...
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Crate & Barrel channels the California coast for new collection
Chicago – Crate & Barrel has partnered with cookbook author, private chef, entrepreneur, and food and lifestyle writer Gaby Dalkin on her first kitchen and entertaining collection. Dalkin’s...
View ArticleConsumers took ‘summer vacation’ from discretionary spending in July
Chicago – Total U.S. retail sales across the combined view of discretionary general merchandise and consumer packaged goods (CPG) continued on the path toward a state of equilibrium in July according...
View ArticleTale of two bellwethers: Home Depot, Walmart share differing views on future...
New York — Two major retailers making the news this week have different perspectives on how the rest of the year might play out for its consumers. Both Walmart and Home Depot, each considered...
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Memorial service planned for Joyce Stroud
Joyce Stroud San Marino, Calif. – A celebration of life will take place this weekend to honor Helen Joyce Stroud, who helped establish the much-admired Strouds Linen company. Stroud – who went by Joyce...
View ArticleTwo technologies Ikea and Walmart are using to reshape their retail strategies
New York — Although Ikea and Walmart have different store footprints, merchandising and product mix, the two major retailers share at least part of a future vision for commerce. Recent articles from...
View ArticlePerigold picks eastern Florida hotspot for first brick-and-mortar store
Boston — Perigold, the luxury retailer in the Wayfair portfolio of brands, announced plans for brick-and-mortar locations with the first confirmed for West Palm Beach, Fla. The Boston-based retailer...
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Indo Count to be honored at HTT/HFPA Foundation market gala next month
Mohit Jain, Executive Vice Chairman, Indo Count Industries (Photo provided by Indo Count) New York – New York – The exciting September market cocktail gala – co-presented by the Home Fashion Products...
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Target beats expectations as discretionary comps tick up
Minneapolis – Discretionary trends improved for third consecutive quarter at Target Corporation. Each of the discounter’s core categories saw growth in the quarter, executives said during this...
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5 takeaways from Macy’s second quarter results
New York – Macy’s Inc. entered the second quarter expecting discretionary sales to be modest but stable. Things didn’t work out that way. In the middle of the second quarter, sales of discretionary...
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TJX raises guidance based on better-than-forecast Q2
Framingham, Mass. — TJX Cos. performed above plan in the second quarter, with comparable store sales, driven by customer transactions, up 4%, and pre-tax profit margin rising to 10.9%. Net sales for...
View ArticleTJX points to value-seeking consumers for spurring brands’ growth
Framingham, Mass. — Coming off another strong quarter, which saw improved comparable store sales driven by a rise in customer transactions, Ernie Herrman, CEO and president of TJX Cos., feels confident...
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