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Retail
8/2/2021
The National Retail Federation digs deep into some of the trends behind its annual Top 100 Retailers List finding that home decor outpaced apparel for now, home improvement store reaped rewards during lockdowns, and that one-stop shopping drove sales at large national chains.
RugNews.com Editors
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Financial, Retail
7/28/2021
The home furnishing retailer reported total sales up 127.3 percent, comp-store sales up 46.9 percent for the quarter and plans to open three new stores in 2022.
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Retail
7/27/2021
At CCA Global’s annual convention, area rug sales and broadloom for the residential market continue to be in demand by the group’s retailers.
RugNews.com Editors
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Retail
7/22/2021
The home décor superstore will open three new stores in July in Princeton, New Jersey, Abingdon, Maryland, and Temecula, California.
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Retail
7/22/2021
The home furnishings retailer revamps its 92,000 square foot flagship location to provide customers with interactive shopping experience and integrated digital shopping tools.
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Retail
7/20/2021
Carpet and area rug sales at FCA Network stores account for a major portion of revenues with sales still going strong in 2021.
RugNews.com Editors
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Executive Moves, Retail
7/15/2021
The seasoned tech and media executive will lead the group’s seven retail brands – QVC, HSN, Zulily, Ballard Designs, Frontgate, Garnet Hill, and Grandin Road.
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Retail
7/14/2021
The department store has announced a new small-store concept called “Bloomie’s” expected to open in late August and which will offer a curated selection of elevated brands, services and experiences.
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Retail
7/9/2021
Imports at the nation’s largest retail container ports are continuing to show double-digit growth and the challenge for retailers and supply chains is keeping shelves stocked as port congestion and other supply chain disruptions continue to impact the industry.
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Retail
7/9/2021
Retail sales see double-digit growth above 10 percent compared to June 2019, according to Mastercard SpendingPulse.
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Financial, Retail
7/1/2021
The furniture retailer, with 100 locations, reports increases in both consolidated revenue and wholesale orders.
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Retail
7/1/2021
Karen Mooney, named new Ballard Designs president in 2021, talks about her vision for the company and its next big interior design trends.
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Retail
6/23/2021
Eponymous fine rug gallery owner Sam Abraham reflects on how his focus on designers and a hybrid upscale retail/trade-only format have been hallmarks of his long-running success, continuing even as he approaches retirement.
RugNews.com Editors
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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.