Retail

Retail
Wayfair Kicks Off Way Day Sales Event

Wayfair is kicking off its first Way Day, and the company is filling the 24 hours of April 25 with Black Friday-style bargains on thousands of home furnishings, décor and home improvement products.

Retail
Lampert’s Hedge Fund Eyeing Sears Assets

Sears Holdings Corp. and its board of directors have received a letter from ESL Investments expressing the view that the company should pursue a divestiture of all or a portion of its Kenmore brand and related assets, the Sears Home Improvement business of the Sears Home Services division (SHIP) and the PartsDirect business of the Sears Home Services division.

Retail
LIRA: Home Remodeling Expected To Remain Steady

The robust pace of spending on home renovations and repairs is expected to stay strong over the coming quarters, according to the Leading Indicator of Remodeling Activity (LIRA), released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Retail
True Value, ACON Complete Investment Deal

True Value Company and ACON Investments have finalized a new strategic partnership, which the companies said will accelerate the transformation of True Value and create the only branded national hardware wholesaler without a membership requirement.

Retail
Rep. Marchant Calls For Fair Small Package Shipping Rates

In an effort to establish fairer small package shipping rates, Congressman Kenny Marchant, a senior member of the House Ways and Means Committee, introduced House Resolution 5524, as reported April 17 by HomeWorld Business, a bill intended to end the U.S. Postal Service practice of subsidizing inbound international shipments of parcels weighing less than two kilograms, or 4.4 pounds.

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