Conn’s announces closure of 71 locations in 13 states
THE WOODLANDS, Texas — After weeks of rumors and speculation, Conn’s has announced it is closing 71 locations in 13 states. These represent just over …
Category: Retail
Retail category is about stores and their stories.
June existing home sales fall 5.4% from May and June 2023
Prices rise to a record high, potentially placing many first-time buyers out of the market WASHINGTON — June existing home sales fell 5.4% compared with …
Inside Bassett Furniture’s decision to abandon Noa Home online sales platform
Company continues to sell through the e-commerce model it has created on its revamped website BASSETT, Va. — When Bassett Furniture acquired Canadian e-commerce resource …
Jordan’s Furniture hires Peter Halunen as director, merchandising
EAST TAUNTON, Mass. — Retailer Jordan’s Furniture has hired industry veteran Peter Halunen as director of merchandising, a new position. Halunen starts the new job …
Jackhan Furniture opens new Ashley store in Kuching, Malaysia
KUCHING, Malaysia – On June 21, Jackhan Furniture Sdn. Bhd (Jackhan) celebrated the grand opening and ribbon cutting of its new 10,500 sq. ft. Ashley Furniture HomeStore showroom located on Plot No.16, Lot 6728 (Block 2) Blk 225, …
June furniture store sales fall 4% compared with June 2023
Decline is smallest since the start of the year, signaling some slight improvement at retail WASHINGTON — Furniture store sales fell 4% in June compared …
Miskelly promotes Mark Waters to chief operating officer
JACKSON, Miss. — Miskelly Furniture has promoted Mark Waters to chief operating officer. Prior to his promotion, he had been vice president of operations since …
Security breach halts some Bassett Furniture operations
Company said that it detected unauthorized occurrences on part of its IT systems that have impacted its ability to fulfill orders BASSETT, Va. — Full-line …
Will store closures be enough to save Big Lots?
As furniture remains a core category, other value-oriented retailers could reap benefits in communities where closings will occur COLUMBUS, Ohio — In revealing its plans …
Bassett Furniture announces restructuring plan to improve profitability
Plan takes shape amid 17% decline in Q2 revenues, $7.2 million quarterly net loss BASSETT, Va. — Bassett Furniture Industries has announced a restructuring plan …
