Houzz, a home remodeling website and e-commerce retailer of home furnishings and housewares, has closed $400 million in Series E financing, with the deal led by ICONIQ Capital, as the company looks to accelerate its growth initiatives.
Williams Sonoma will open a new dual concept store in Seattle that will feature a more contemporary look for the brand.
Sears Holdings will close another 20 U.S. locations, as the owner of Sears and Kmart stores continues to look for ways to control costs and stay afloat.
Some 13 months after Staples’ effort to acquire Office Depot was quashed by a Federal judge, the Massachusetts-based office superstore may soon have a new owner.
Americans are expected to increase their spending for the Fourth of July holiday, according to a survey from the National Retail Federation.
Target has slated a $220-million, 28-store renovation project in the Dallas-Fort Worth area and consumers now are beginning to see the results.
After 13 years at the helm of Whirlpool Corporation, Jeff Fettig is stepping down as CEO and will be replaced by Marc Bitzer, the company’s current president and chief operating officer.
NY Now is now accepting applications for its sustainability: design for a better world and destination: new product displays. Deadline for exhibitors to submit is July 7.
As the retail world continues to digest Amazon’s move to acquire Whole Foods, the first inkling of what the deal could mean for the upscale grocer was offered by its CEO, John Mackey.
Retail and private brand consultant Daymon has released a report, “From Shopper to Advocate: The Power of Participation,” based on a global study that identifies the new consumer landscape and its impact on the future of retail.