National Retail Federation Raises Seasonal Sales Forecast
The National Retail Federation announced today that it is revising its holiday season forecast for November and December to reflect…
Financials
Court Approves A&P D-I-P Financing
The Great Atlantic & Pacific Tea Company, Inc. (A&P) announced today that the U.S. Bankruptcy Court for the Southern District…
Housewares, Home Furnishings Provide Costco 3Q Lift
Home goods were among the products that helped Costco beat analyst earnings estimates in its fiscal first quarter. Net income…
Home Categories Boost Costco In November
Housewares and small appliances helped boost Costco in November as the warehouse club retailer turned in strong sales results for…
Furniture, Home Set Stage For Big Lot Gains
Expenses to expand inventory and related costs helped drive down Big Lots net income in the third quarter but home…
Cyber Monday Sales Top $1 Billion
U.S. online shopping activity hit record levels on Cyber Monday, the first Monday after Thanksgiving, with consumers making more than…
Luxury Gains As Holiday Focus For Consumers
Consumers who have begun their holiday shopping have had particular interests over the past few weeks: luxury goods, jewelry and…
Fox Run To Expand Again With Outset Acquisition
What started as an agreement between Fox Run and Outset to distribute Outset products in Canada has evolved into an…
Kirkland Reports 3Q Comp Sales Decrease
Comparable store sales at Kirkland’s fell 2.4% in the third quarter as net income slipped to $2.3 million, or 11…
Economic Indicators Suggest Improvement On The Way
The Conference Board Leading Economic Index for the United States increased 0.5% in October to 111.3 following a 0.5 %…
Home Can’t Help Sears Enough To Stem Sales Decline
Better results in home goods, jewelry, footwear and tires couldn’t stem a third quarter same-store sales slide at Sears’ namesake…
Williams-Sonoma, Pottery Barn Report 3Q Comp Gains
Williams-Sonoma posted third quarter 2010 earnings of $36.5 million, or 34 cents per diluted share, versus $7.3 million, or 7…
October Sales Deliver Momentum As Fourth Quarter Opens
A seasonal weather shift helped boost October retail sales, providing some hope that the fourth quarter could enjoy improved consumer…
Walmart Reports Comp Store Sales Decline But Home Holds Up Its End
Although Walmart suffered a comparable store sales decline, home furnishings and housewares products generally performed well in the company’s third…
Lowe’s Reports Gains But Soft Housing Market Makes Going Slow
Appliances and seasonal living helped Lowe’s post a 17.4% increase in earnings for the third quarter to $404 million in…
J.C. Penney Boosts Earnings But Home Operations Struggle
J.C. Penney said the company is ready for the holidays after posting strong earnings in the third quarter but initiatives…
Kohl’s Gains But Using Reverse Auctions To Accelerate Results
Kohl’s management told analysts in a third quarter conference call that home is one of its best performing categories this…
Macy’s Stocking Up On Home Furnishings After 3Q Gains
Macy’s has stocked up on select home furnishings categories in anticipation of solid holiday sales after a third quarter that…
Trends Should Boost Holiday Results, Says Pier 1
Pier 1 president and CEO Alex Smith embarked on an analyst and shareholders event at one of the chain’s Manhattan…
J.C. Penney Reports October Sales, Gets Jump On Black Friday
J.C. Penney had a rough October and seems to be looking ahead to a highly competitive holiday season with promotions…