Harsh January weather, reduced store traffic impact La-Z-Boy fiscal Q3 sales
Company reports 13% decline in consolidated revenues during the quarter ended Jan. 27 MONROE, Mich. — La-Z-Boy reported consolidated sales of just over $500 million …
Category: Retail
Retail category is about stores and their stories.
Are you embracing AI solutions? Ikea is
If you are in the home furnishings sector, you know all about Ikea. And whether you see them as a friend or foe, the retailer’s ability …
Back to the future: malls, train heists … pirates?
If the past is a prison, I suggest that there’s been some sort of jailbreak. In last week’s news, I read of the heady returns …
January housing starts fell less than 1% from last year
Year-over-year increase in home completions and permits issued signals potential rebound in new construction WASHINGTON — U.S. housing starts fell in January compared to the …
Study offers suggestions for retailers hoping to minimize the effect of inflation
My very old and very wise Sicilian grandmother was a treasure trove of wise sayings. They were short, to the point and often profound. One of …
Today’s Home names Alyssa Moore president
Promotion makes her the first executive outside the founding family to lead the 71-year-old company PITTSBURGH — Custom furnishings retailer Today’s Home has named Alyssa Moore president, …
City Furniture makes strides in areas of social responsibility
TAMARAC, Fla. – City Furniture, a family-owned American furniture and mattress retailer, fine upholstery manufacturer, and one of America’s Top 20 furniture retailers, is proud to …
January furniture store sales fall 9.8% from last year
Segment posted a 1.5% gain from December, a trend many hope will continue into the months ahead WASHINGTON — Furniture store sales fell 9.8% during …
Affordable Rent-to-Own to pay former employee $105K to settle EEOC race discrimination suit
NEW ORLEANS — Affordable Rent-to-Own LLC, which does business as Affordable Home Furnishings, has agreed to pay a former employee $105,000 to settle a race …
2023 retail sales report: Furniture is low on list of consumer priorities
Estimated 5.4% sales decline for the year shows sector trails significantly behind the growth seen in most other segments WASHINGTON — A review of 2023 …
