Exclusive Consumer Insights Now research provides window into furniture purchases in second half
Editor’s note: This story first appeared in sister publication Decor News Now. The research reports will run in Home News Now starting Monday Sept. 12 …
Category: E-commerce
DirectBuy, Z Gallerie owner bids for Flexsteel
This story has been updated. MERRILLVILLE, Ind. — CSC Generation is publicly outlining a bid to buy Flexsteel Inds. at a premium to the company’s …
Furniture B2B marketplace GigaCloud seeks growth with IPO, new industry veteran president
CITY OF INDUSTRY, Calif. — GigaCloud Technology, which provides a B2B marketplace for home furnishings and other large-parcel industries, is in growth mode with a …
Wayfair reduces global workforce by 5%
BOSTON – Wayfair said it is cutting its global workforce by 5%, a move that will affect some 870 employees. The reduction also includes about …
Giorgi Bros. credits Outward Aperture Platform for selling more products online
SAN JOSE, Calif. – San Francisco-based independent traditional furniture retailer, Giorgi Bros., has credited the Aperture Platform by Outward, Inc., an independent Williams-Sonoma, Inc. company and …
Furniture stores sales edge up 2.1% in July
WASHINGTON — Furniture retailers appear to have made just a little progress unloading heavy inventories last month. Sales at U.S furniture and home furnishings stores …
Purple Innovation seeks ITC investigation into trade practices of Chinese producers
The complaint alleges unfair competition in the manufacture of certain pillows, seat cushions and other components and packaging WASHINGTON, D.C. — Bedding manufacturer Purple Innovation …
Learning from Ikea’s long game and ‘glocal’ sourcing strategy for India
A snapshot of furniture retailing in one of the world’s largest markets Reading through the various reports on the opening of Ikea’s 460,000-square-foot store in …
Wayfair posts Q2 sale decrease, 2022 loss grows
BOSTON — Home furnishings e-commerce giant Wayfair posted a double-digit decline in second quarter sales and swung to a loss vs. last year’s second quarter …
T.J. Maxx parent agrees to $13 million civil penalty for selling recalled infant products
Sale of some 1,200 products from March 2014 through October 2019 included rocking sleepers and inclined sleepers recalled due to infant suffocations and deaths WASHINGTON …
