GXO Logistics to close Kenosha Wisconsin warehouse facilities in February 2023
KENOSHA, Wisc. — Logistics services provider GXO Logistics is closing its general warehouse and storage facilities here, a move that will impact 146 workers starting …
Category: Retail
Retail category is about stores and their stories.
The high cost of compliance
AHFA says costs associated with furniture stability standard are much higher than CPSC estimates HIGH POINT — The cost of complying with the Consumer Product …
La-Z-Boy plans for major growth in its DTC segment
Although it also seeks to grow its wholesale business, company expects retail to represent more than half its business in the next few years MONROE, …
How resilient is the luxury market?
Will the U.S. economy fall into recession in 2023? Better economic minds than mine disagree on the likelihood. We know there are plenty of pain …
YOY furniture store sales down 3.2% in November
November furniture sales also drop 2.6% from October WASHINGTON — Year-over-year furniture store sales fell 3.2% in November as consumers tightened their wallets on home …
Scandinavian Designs opens new showroom in Waldorf, Maryland
WALDORF, Md. – Contemporary and modern furniture retailer Scandinavian Designs has opened its newest showroom here, representing its first location on the East Coast. The retailer …
Thinking inside the (cardboard) box
I have a “go-to” joke whenever I meet or am otherwise forced to hang out with financial planners, investment bankers, crypto traders or the like. …
Year-end musings on the state of the industry
December is typically a month devoted to the holidays, gift buying, gift giving, holiday parties and saying goodbye (and often, good riddance) to the waning …
For some, Black Friday continues a run of holiday sales successes
HIGH POINT — Strong performance over last weekend’s Black Friday sales event has positioned some furniture retailers to have a strong finish to the year …
Broad River Retail receives Fast 50 Award from Charlotte Business Journal
Fort Mill, SC – Broad River Retail (BRR), one of the largest and fastest-growing independently owned and operated Ashley Store licensees, achieved the recognition of …
