Consumer confidence declines in September
Concerns about income, business and labor market conditions that could impact jobs affect several key readings in monthly survey WASHINGTON — Consumer confidence fell this …
Category: Retail
Retail category is about stores and their stories.
Will more rate drops be needed to spur housing and furniture sales?
While this week’s 1st interest rate decrease in 4 years is indeed welcome, housing affordability remains a key issue, particularly for younger consumers WASHINGTON — …
August furniture store sales fall slightly from August 2023
Year-over-year decrease was the smallest since March 2023, when sales fell 1.8% from a year earlier WASHINGTON — Furniture retail sales had their smallest decrease …
Breaking down the Big Lots bankruptcy
They say a single death is a tragedy; multiple deaths are a sanitation problem. Here in the furniture sector, we have what increasingly looks like …
A conversation with Emily McGarvey, Room & Board’s director of sustainability
Exec discusses the many earth-friendly initiatives the retailer has developed over the years, making it a leader in the field among its peers GOLDEN VALLEY, …
Big Lots reports declines in Q2, 1st-half sales
Retailer slightly narrows net loss during the same periods, while also reporting $556.1 million in debt which its earnings statement described as in “default and …
Court OKs 1st-day motions to support Big Lots’ ongoing operations
Funding also allows company to continue paying employee wages and benefits while its Chapter 11 bankruptcy and planned sale of assets and operations play out …
Fairdeal Furniture opens Ashley store in Malindi, Kenya
MALINDI, Kenya – Recently, Fairdeal Furniture celebrated the opening of its new 4,000 sq. ft. Ashley Furniture HomeStore showroom located on Malindi Highway, Malindi, Kenya 80103. Fairdeal Furniture …
Labor Day sales highlight challenges, opportunities in different markets
Pockets of strong housing development, relocations help boost fortunes of some retailers HIGH POINT — As expected, Labor Day received mixed reviews from retailers around …
M.N. International opens first Ashley store in Suriname
PARAMARIBO, Suriname – On August 22, M.N. International celebrated the grand opening and ribbon cutting of its new 12,500 sq. ft. Ashley Furniture HomeStore showroom located …
