Newsletter
Industry News
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How Policy Shifts Can Protect US Retailers from Temu, Shein | Gavin Marks
Oct.08,2024
Gavin Marks, CEO of manufacturer DM Merchandising, shares his thoughts on the threat of factory-to-consumer distributors and what should be done on behalf of American businesses.Read More + -
Holiday retail sales growth projected to increase 2.3% to 3.3%
Sep.19,2024
The pace of increase in holiday sales will be slower than 2023, but e-commerce will likely grow, according to Deloitte.Read More + -
Off-price retailers poised to take even more market share from department stores
Sep.11,2024
TJX, Ross and Burlington all enjoyed higher sales and profits in the second quarter.Read More + -
Same day services, price cuts drive Target growth in Q2
Aug.27,2024
Results show that deal-hunting consumers are “still willing and able to spend,” said the retailer’s Chief Commercial Officer Rick Gomez.Read More + -
TK Maxx’s parent company has raised its profit guidance following a rise in sales
Aug.26,2024
The parent company of TK Maxx, TJX, has raised its profit guidance after sales across all units of the business increased.Read More + -
Wayfair Announces Second Quarter 2024 Results, Reports Best Quarter of Profitability and Cash Flow in Three Years
Aug.13,2024
BOSTON, Aug. 1, 2024 /PRNewswire/ -- Wayfair Inc. ("Wayfair," "we," or "our") (NYSE: W), one of the world's largest destinations for the home, today reported financial results for its second quarter ended June 30, 2024.Read More + -
Texas-based furnishings giant Conn’s files for bankruptcy
Aug.13,2024
Anyone surprised by the news this week that Conn’s HomePlus filed for Chapter 11 bankruptcy just wasn’t paying attention. The Woodlands, Texas–based electronics and home furnishings chain listed liabilities ranging from $1 to $10 billion to tens of thousands of creditors—and many in the industry had been murmuring about its problems for some time.Read More + -
Realistic expectations, strategy innovation, line expansions define 2024 summer market
Aug.09,2024
LAS VEGAS — Depending on the source, the consumer’s wait-and-see attitude toward home furnishings is attributed to many things this year, and the holding pattern on big spends continues to impact retail.Read More + -
The numbers are in, and home retailers are still hurting
Aug.09,2024
The return of better days for the home furnishings retail business will be delayed. Again. After another quarter of lackluster results from the national chains, it’s clear that a return to good times is going to have to wait at least another results report.Read More + -
Accessible design is in demand. Is the home industry ready?
Aug.09,2024
This week, Pottery Barn released a series of new collections that appear nearly identical to its existing Sausalito, Farmhouse and Cayman lines. Closer inspection reveals subtle differences: a dresser with a raised edge that runs along the top, a bed with a built-in bench at the end, a side table equipped with power outlets. For some, these changes offer a functional boost to everyday life—but for consumers with disabilities, they can make a world of difference.Read More +
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