Consumer Insights Now research reveals buying trends for 1st half
Younger consumers will account for 7 of 10 furniture purchases from January through June HIGH POINT — Home News Now and its sister publications Bedding …
Category: Retail
Retail category is about stores and their stories.
Mattress Firm reports 5% drop in fiscal Q1 net revenues
HOUSTON — Bedding retailer Mattress Firm reported a 5% decrease in net revenues for its first fiscal quarter ended Jan. 2 along with a drop …
Beyond acquires assets of e-commerce retailer Zulily for $4.5 million
MIDVALE, Utah — Beyond, Inc., the owner of online retail giants Overstock and Bed Bath & Beyond, has acquired the intellectual property and other brand assets …
Owners of Wright’s Furniture & Flooring celebrate opening of Wright Family Center
DIETERICH, Ill. — The Wright family, owner of Wright’s Furniture & Flooring, is excited to announce the opening of the Wright Family Center. “This project …
Arhaus reports Q4, full-year 2023 results
3.5% decline in Q4 revenues attributed to strong year of shipments of 2022 backlog BOSTON HEIGHTS, Ohio — Lifestyle retailer Arhaus reported decreases in net …
A charcuterie board of furniture biz news bytes: Conn’s, B. Riley and Scherer & Sons
When no column idea tickles the little gray cells, my pro move is to hit the research databases and shake a few trees to see …
Storis Trend Guide addresses industry AI applications
Survey shows many retailers believe the technology can achieve marketing efficiencies, reduce costs HIGH POINT — Storis’ latest Trend Guide offers a glimpse into how …
Lowe’s reports fiscal Q4 sales, earnings
Decline in DIY activity, harsh winter weather led to 16.9% drop in overall Q4 sales, 6.2% decline in comp-store sales MOORESVILLE, N.C. — A decrease …
Consumer confidence falls in February
Plans for big-ticket purchases decline amid ongoing concerns about rising interest rates over the next 12 months WASHINGTON — Consumer confidence fell in February, reversing …
Havertys conference call hints at growth opportunities ahead
Success of various initiatives will depend partly on a turnaround of the housing market ATLANTA — As seen by its latest results, Havertys has not …
