Inside Retail

MARCH 28, 2023

British clothing brand Next has acquired the website and intellectual property of home furnishings label Cath Kidston for £8.5 Cath Kidston is a home furnishing retail company that sells vintage-themed goods, homewares, gifts and handicraft items that incorporate British lifestyle themes. million (A$15.65

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Inside Retail

MAY 9, 2022

Unlike its traditional warehouse-like stores, the Planning Studio is sized between 300-500sqm and designed for customers to plan and order complex home furnishings and services such as dining, kitchens, and bed spaces. The first is in Northwest Melbourne, with the second planned for Newcastle.

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Retail TouchPoints

APRIL 28, 2021

The 4,120-square-foot store will be the first location in Michigan for the retailer, which sells women’s and men’s apparel, jewelry, footwear, accessories, home furnishings and art. One-of-a-kind pieces and items exclusive to Sundance will be the cornerstone of the product offering. “We

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Inside Retail

JULY 10, 2022

Lachlan Mitchell, Ikea Australia’s product recovery leader, said: “Our new As-Is Online platform gives our customers an easy way to shop more sustainably and find the perfect home furnishing products to make their life at home better.”.

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Inside Retail

APRIL 24, 2024

Furniture retailer Nick Scali is entering the UK market through acquiring Anglia Home Furnishings, trading as Fabb Furniture, for £3.5 million ($6.7 Nick Scali intends to pay $1 million to exercise the option to exit the existing distribution centre arrangement and inject up to $11.5 million of working capital.

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Retail TouchPoints

JANUARY 27, 2023

Day’s proven track record and previous success growing home furnishing brands make her the ideal candidate to run the West Elm brand,” said Alber in a statement. “We

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Inside Retail

JANUARY 3, 2024

Europe-based home furnishing chain Habitat has shut down all of its operations, just a month after collapsing into receivership. The company’s trustees have initiated a final liquidation due to the lack of cash flow and a recovery plan. The fate of five other shops in Barcelona, Geneva, Madrid, Milan and Zurich is unclear.

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Retail TouchPoints

OCTOBER 16, 2023

It’s been a pleasure being the CMO, transforming Overstock.com into a 100% home furnishing retailer in 2022 and swiftly relaunching as the new online Bed Bath & Beyond in August 2023,” Hsu wrote on her LinkedIn page.

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Retail TouchPoints

FEBRUARY 9, 2023

Online furniture and home furnishings retailer Overstock has partnered with Citi Retail Services to offer customers digital-first benefits and rewards through a co-branded Overstock Mastercard. “As

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Retail TouchPoints

JUNE 15, 2022

Citing the war as a “human tragedy,” in addition to noting the impact of supply chain challenges, the companies shared their belief that a resolution is not foreseeable at the moment and are taking the following steps in response: Continuing to halt IKEA’s retail business and reduce its workforce; Selling the remaining home furnishings inventory in (..)

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Retail TouchPoints

OCTOBER 27, 2021

The shops will focus on providing inspiration and smart home solutions for city living as part of IKEA’s efforts to better meet the needs of its California customers. Shoppers will be able to book appointments with design specialists to help with both planning and ordering home furnishings.

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Retail TouchPoints

DECEMBER 14, 2022

These brands and businesses, thoughtfully integrated and amplified on what we believe will be the world’s most innovative and dynamic global design platform, will begin to fundamentally change the landscape of the interior design industry.”.

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Retail TouchPoints

SEPTEMBER 6, 2024

Already today, 10% of the secondhand home furnishing market is made up of Ikea products. “The global secondhand furniture market is growing rapidly, with a projected annual growth rate of 6.4% in 2024,” said Jesper Brodin, Ingka Group CEO in a statement.

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Retail TouchPoints

APRIL 15, 2022

Kohl’s has reportedly received a $9 billion takeover offer from Franchise Group , the parent company of The Vitamin Shoppe and Buddy’s Home Furnishings , three people familiar with the matter told Reuters. The offer values Kohl’s at $69 per share, slightly lower than the $70 per share Hudson’s Bay Co.

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Retail TouchPoints

DECEMBER 9, 2020

In order to reach and interact with the many people, we will keep inspiring with our home furnishing solutions in new ways.”. Turning the page with our beloved catalog is in fact a natural process since media consumption and customer behaviors have changed.

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Inside Retail

MAY 15, 2023

Established in 1953, Laura Ashley sells a range of lifestyle products including home furnishings, women’s sleepwear, children’s apparel, accessories and hospitality experiences.

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Inside Retail

NOVEMBER 15, 2021

The new Ikea store will house more than 8,000 home furnishing and appliance products, together with a restaurant, where customers can find the brand’s famous Swedish meatballs. The 67,760sqm store, scheduled to open on November 25, is located next to the Mall of Asia and spans five stories.

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Retail TouchPoints

JANUARY 10, 2022

The Ochama shops, located in Leiden and Rotterdam, carry everything from food to home furnishings and are operated entirely by robots. JD.com has entered the autonomous store space in Europe with the launch of two omnichannel cashierless stores in the Netherlands.

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Retail TouchPoints

SEPTEMBER 22, 2020

By becoming the first major home furnishings retailer to launch a renewed line in partnership with The Renewal Workshop, we continue to build on our industry-leading sustainability commitments to encourage further innovation for the betterment of our world.”.

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Inside Retail

JANUARY 17, 2023

per cent and home furnishings at 2.4 Consumers spending on apparel rose by 6.7 per cent, on groceries by 6.6 per cent, lodging 4.1 per cent, electronics 3.5 per cent, jewellery 2 per cent, and at restaurants by 1.8 per cent last month. Year-on-year sales were down for fuel and convenience at 4.1

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Retail TouchPoints

APRIL 11, 2023

The Ikea designer and customer will then communicate through three virtual, one-on-one sessions, via the Ikea website and videoconferencing, to develop an inspirational mood board, floor plan, elevations, detailed 3D renderings, lighting plan, curated product list, home furnishing tips and material suggestions.

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Retail TouchPoints

JUNE 7, 2022

Franchise Group has acquired several other struggling retailers in recent years, including Pet Supplies Plus in 2021 and The Vitamin Shoppe , Sears Hometown and Outlet Stores and Buddy’s Home Furnishings in 2019. The firm changed its name from Liberty Tax to Franchise Group following the acquisition of Buddy’s.

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Retail TouchPoints

NOVEMBER 6, 2023

Jonathan Johnson, CEO of the home furnishings retailer formerly known as Overstock.com , which operates as Bed Bath & Beyond , will step down from his post as well as the company’s board of directors, effective immediately. Beyond, Inc.

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Retail TouchPoints

JULY 1, 2022

Home furnishings retailer Wayfair will be part of a six-week autonomous delivery pilot this July and August along the I-45 corridor between Houston and Dallas. Hunt Transport Services will deploy the Waymo Driver solution, and will use J.B. Hunt 360 technology to automate processes such as check calls and transactions.

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Home Furnishings Planning Location ATS 278

Inside Retail

OCTOBER 17, 2021

And, potentially the biggest winner out of the entire lockdown-related shift in consumer spending, home furnishing, also saw strong growth at 245 per cent. Luggage sales were also up 830 per cent, with many Australians preparing for a potential return to international and domestic tourism.

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Retail TouchPoints

MARCH 29, 2023

Prior to joining Macy’s, Mitchell advised retailers as a Managing Director and Partner at Boston Consulting Group and was CEO of home furnishings retailer Arhaus LLC. Mitchell, who has served as CFO since November 2020, has been integral to the development and execution of the retailer’s Polaris transformation strategy.

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Retail TouchPoints

JULY 2, 2024

While we are in the very early stages of planning for the Ikea location, we can promise to deliver an experience that is full of inspiration and designed to meet the home furnishing dreams of many New Yorkers.” . “ This next phase of our investment and expansion in the U.S. in a statement.

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Retail TouchPoints

SEPTEMBER 16, 2022

At IKEA, it is always our ambition to offer quality and sustainable home furnishings to our customers at an affordable price,” said Javier Quiñones, CEO and Chief Sustainability Officer at IKEA U.S. in a statement. “By

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Retail TouchPoints

MARCH 17, 2022

For brands and retailers, that translates to taking the time to explain the process for home improvement projects and providing content that dives into the details on major home furnishings purchases. Our data indicates consumers plan to continue their home furnishings and home improvement purchases well into the future.

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Retail TouchPoints

APRIL 15, 2021

YoY; Furniture and home furnishings stores: Up 5.9% For instance, clothing and accessory store sales were up 18.3% month-over-month seasonally adjusted, and up 104.6% unadjusted YoY. Results in other categories included: Sporting goods stores: Up 23.5% month-over-month, up 78.2% month-over-month, up 49.6% month-over-month, up 32.4%

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Retail TouchPoints

DECEMBER 16, 2022

decline, furniture and home furnishings stores reported a 2.6% The decline occurred despite muted inflation of just 0.1% , according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). Certain areas were hit harder than others. Department stores saw a 2.9% decrease and building materials and garden centers fell 2.5%.

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Storis

JANUARY 22, 2024

So, buckle up, home furnishings retailers; we’re ready to accelerate. We surveyed home furnishings retailers for insights on strategies to accelerate growth. The State of the Home Furnishings Industry With abundant opportunity, let’s explore how market and consumer behavior position retailers for success.

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Inside Retail

JULY 20, 2022

per cent, on home furnishings by 6.5 SpendingPulse covers all in-store and online spending across all forms of payment and includes the hospitality sector. Spending on lodging in June was up by 17.9 per cent, electronics by 4.8 per cent, and apparel by 2.4 per cent. .

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Inside Retail

JULY 24, 2023

Kmart will continue to be price-driven and Target largely centred on affordable apparel and soft home furnishings, he added. “I I don’t see us doing this from a position of weakness. It’s quite the opposite.”

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Retail TouchPoints

APRIL 20, 2023

We are committed to continuing to grow in this market with our thousands of co-workers and millions of customers who look to Ikea for home furnishing inspiration and solutions at an affordable price. “We know U.S. in a statement. “We

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Retail TouchPoints

FEBRUARY 20, 2024

With Dave’s extensive experience in furniture and home furnishings ecommerce and retail liquidation, I am confident he will quickly reignite the valuable Overstock brand.” “Chandra’s retail and leadership expertise and proven ecommerce track record make her an invaluable addition to our team to drive Bed Bath & Beyond forward.

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Retail TouchPoints

SEPTEMBER 17, 2020

unadjusted year-over-year; Furniture and home furnishings stores : Up 2.1% Individual sales results from the retail sectors NRF examined for August include: Clothing and clothing accessory stores: Up 2.9% month-over-month seasonally adjusted but down 23.5%. month-over-month seasonally adjusted and up 0.4%

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