According to Placer.ai, January to May foot traffic cross-shopping patterns over the past three years may provide some indication of who stands to benefit from Pier 1’s demise.
Lidl’s entrance into the U.S. has been something more of an adventure than the company may have anticipated but it is making adjustments.
Nordstrom has formed a partnership with Anthropologie to launch a new home collection.
NY Now has named the winners of the Accent on Design Awards, which recognizes product design excellence, innovation and creativity among its Accent on Design exhibitors, a juried collection of contemporary designers and their products currently on display.
When TJX opened its first HomeSense store in Massachusetts in mid-August, consumers in the U.S. got a first look at the American version of the banner the company has operated in Canada and Europe for years— and what they likely noticed first was the abundance of furniture.
The near future looks bright for off-price retailers, while department stores will continue to face challenges, according to a recent report from Moody’s Investors Service.
As TJX Companies brings its HomeSense store concept to the U.S. with a total of four locations expected to open this year, the retailer also has larger expansion plans.
At the TJX annual meeting, Ernie Herrman, president and CEO of the company, said that it will continue to leverage its business model to generate traffic gains and additional comparable store sales as a means to build the business and boost its value for investors while, at the same time, developing new initiatives.
West Elm has emerged as a pioneer in a local approach retailers have taken to home goods made in the…