Home

Financials
RH Crushes Q3 Earnings Estimate As Comps Gain 4%

For the third quarter ended November 3, Restoration Hardware (RH) added two design galleries and beat a Wall Street earnings estimate by 46 cents as it posted a comp gain of 4%.

Retail
Target Readies Cyber Week Deals

Looking beyond Black Friday, Target has revealed its plans for Cyber Week, beginning Sunday, November 25, with offers across Target.com, including the retailer’s lowest prices of the season on items in toys, home, kitchen appliances, and more.

Tabletop
Jonathan Adler Gains Capital For Brand Expansion

Jonathan Adler has gained $16 million in working capital from Gordon Brothers and Rosenthal & Rosenthal, Inc., two financing firms. According to Gordon Brothers, the financing is in support of the launch and execution of an exclusive e-commerce brand and product partnership with a major online retailer.

Retail
NRF: Consumer Holiday Spending To Rise

Consumers said they will spend an average of $1,007.24 during the holiday season this year, up 4.1% from the $967.13 they said they would spend last year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.

Retail
Walmart Spotlights Technology Innovation At Investors Meeting

On Tuesday, October 16, Walmart held its annual Investment Community Meeting, where executives emphasized Walmart’s leadership in technology innovation initiatives. The Shop the Room function that Walmart.com introduced in the online home department is one example of how the company has been evolving.

Retail
Qurate Reorganizing QVC, HSN

Qurate Retail Group has announced a series of initiatives designed to position its HSN and QVC U.S. businesses for long-term growth, increase synergies and accelerate the company’s digital transformation. The moves include the elimination of the QVC U.S. president position, with the exit of Steve Hofmann, who currently holds that position, and the combination of buying staffs.

Retail
Home Gets Prime Placement In New Amazon 4-Star Store

Home and housewares are getting prime placement in a new Amazon brick and mortar location opening in New York City. Dubbed Amazon 4-star, the physical store will sell merchandise that has been rated four stars and above, is a top seller, or is new and trending on Amazon.com.

1 2 3 28