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Retail
5/21/2021
The off-price retailer announced net income of $476 million for the period, with sales totaling $4.5 billion and comparable store sales up a robust 13 percent versus 2019.
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Retail
5/20/2021
The off-price retailer announces overall open-only comp store sales up 16 percent versus Q1 FY20 with "phenomenal" sales in the home categories across divisions.
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Retail
5/19/2021
The nationwide retailer reports that sales growth led by apparel, home and hardlines, while food and beverage and essentials grew on top of last year’s historic stock-up sales.
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Retail
5/14/2021
Retail sales were virtually unchanged from their strong performance a month before and grew dramatically year-over-year in April as the rapidly recovering U.S. economy marked a full year since the COVID pandemic shut downs.
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Retail
5/13/2021
BBB appoints Stacey Shively as SVP, general merchandise manager to enhance its position as home authority in the $180b market.
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Retail
5/7/2021
The new program of nursery décor, bedding, rugs, and decorative accessories are designed by Jessi Raulet, the creator behind EttaVee, and features hand-painted animal prints, bold patterns, and signature use of colors.
RugNews.com Editors
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E-Commerce, Retail
5/7/2021
The online home furnishings e-tailer reported Q1 net revenue growth of 49 percent and $3.5 billion year-over-year.
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Retail
5/7/2021
The sprawling 70,000-square-foot, three-level experience offers not only luxury home furnishings but also a dramatic rooftop restaurant & park, wine bar, in-house interior design firm.
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Executive Moves, Retail
5/7/2021
Hand, who has served as principal and CEO of Burlington, will join the off-price retailer as CEO on May 17.
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Retail
5/6/2021
Retail sales continue to benefit from stimulus payments, coupled with warmer weather and broader reopening across the country, According to Mastercard SpendingPulse.
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Retail
5/6/2021
The global private equity firm, in an all-cash transaction valued at $2.8 billion, will acquire the nationwide home decor superstore.
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Retail
5/5/2021
"Lowe's House of Curators" kicks off by celebrating 100 years of color and design from Lowe's and fellow centenarian and fashion icon Iris Apfel.
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Retail
5/4/2021
Nearly 90 percent of in-person transactions globally take place at contactless-enabled merchants and 93 percent of consumers are considering emerging payments such as biometrics, digital currencies and QR code.
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Retail
4/30/2021
The home furnishings retailer and manufacturer reported a retail segment written order growth of 51.8 percent and that its wholesale segment written orders increased 39 percent.
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Retail
4/28/2021
The home retailer reports consolidated sales increased 31.8 percent to $236.5 million and comparable store sales increased 11.5 percent.
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Retail
4/27/2021
The NRF’s first virtual event features Valerie Jarrett, former senior advisor to President Barack Obama, who will headline the event’s opening keynote session.
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Retail
4/23/2021
The purchase of the recognized and trusted carpet brand expands Lowe's portfolio of private brand offerings and is part of its Total Home strategy.
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Retail
4/21/2021
The home superstore opens the doors of its first New York City location bringing its store count to 226 stores in 40 states.
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Retail
4/16/2021
The home furnishings retailer delivers third consecutive quarter of comparable sales and profit growth and strengthens three-year plan.
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Retail
4/15/2021
The retailer witnessed a record increase of 51.8 percent in written orders in its retail division, including ec-ommerce, compared to the prior year third quarter ending March 31, 2020.