Consumers are cash-strapped, so it’s time for retailers to get creative
Any retailer planning on staying in the game realizes that future sales can hold the key to future solvency. According to a new CNBC survey, …
Category: Featured
Featured stories bring you interesting content from the past few days curated by Home News Now.
With politics dominating ad spaces, here are some ways retailers can still stand out
Picture me singing the following lines to the tune of Summertime, from Porgy and Bess: Election time, and the ads are quite sleazy Political smackdowns, …
Big Lots reports declines in Q2, 1st-half sales
Retailer slightly narrows net loss during the same periods, while also reporting $556.1 million in debt which its earnings statement described as in “default and …
Labor Day sales highlight challenges, opportunities in different markets
Pockets of strong housing development, relocations help boost fortunes of some retailers HIGH POINT — As expected, Labor Day received mixed reviews from retailers around …
Hooker Furnishings reveals further details on layoffs, cost reductions
Earnings call also offers insights into recent successes including performance at Sunset West, plus first quarterly increase in 2 years at Home Meridian division MARTINSVILLE, …
Kindel Furniture acquired by Holladay Design House
Company will be renamed Kindel Karges, reflecting key brands in its portfolio GRAND RAPIDS, Mich. — Luxury furniture manufacturer Kindel Furniture has been acquired by …
Big Lots files for Chapter 11 bankruptcy protection
Affiliate of Nexus Capital Management identified as stalking horse bidder to acquire company assets and business operations COLUMBUS, Ohio — Retailer Big Lots has filed …
Too big to fail? B. Riley, Franchise Group granted reprieves
Since missing the deadline last month to file its second-quarter financials, announcing its largest quarterly loss in company history and disclosing that it is under …
The rebuilding and rebirth of Bacon’s Furniture
Hurricane Ian destroyed Bacon’s Furniture in Port Charlotte, Florida, but thanks to a heroic effort to rebuild the business from the ground up, it’s now …
Another question on Big Lots: What would Paul Broyhill think?
As I was reading Tom Russell’s article last week speculating on the future of Big Lots and the Broyhill brand, I couldn’t help but wonder what …
