Lowe’s reports 4% drop in Q1 sales
Net earnings totaled $1.75 billion, down from $2.26 billion the same period last year MOORESVILLE, N.C. — Home improvement retailer Lowe’s Cos. reported a 4% …
Category: Retail
Retail category is about stores and their stories.
Year-over-year April home sales fall 1.9%
Sales also fall 1.9% from March, while the value of homes continues to increase WASHINGTON — Year-over-year existing home sales fell 1.9% in April and …
Fecera’s Furniture to close doors after 78 years in business
Final liquidation sale run by Planned Furniture Promotions began May 23 SINKING SPRING, Penn. — After 78 years as a pillar of the Berks County community, …
Havertys promotes Greg Davis to senior VP, information technology
ATLANTA — Retailer Havertys Furniture has promoted Greg Davis to senior vice president of information technology. He is filling a similar role held by Ed …
Gabriella White names 2 to leadership roles
Kirsten Darrow has joined the company as chief marketing officer and Jim Hardy has been named chief retail officer PELHAM, Ala. — Gabriella White, parent …
Housing completions rose 14.6% in April from last year
Housing starts fell slightly from April 2023, while building permits fell 2% from the same period WASHINGTON — The number of housing completions in April …
CIN research sheds light on where consumers prefer to buy furniture
While most plan to make purchases in a brick-and-mortar store, showrooming is become more commonplace, particularly among younger consumers HIGH POINT — Brick-and-mortar retailers will …
Home Depot reports 2.3% decline in fiscal Q1 sales
Company says slow start to spring season plus softness in consumer home improvement spending contributed to decline ATLANTA — Citing continued softness in some larger …
Year-over year furniture store sales fall 8.4% in April
Representing the 14th month of declines in a row, the sector continues to lag other major retail segments tracked by the US government WASHINGTON — …
Furniture execs look ahead for growth opportunities
Market conversations offer insights into strategies to help spur business heading into the second half and beyond HIGH POINT — With the close of the …
