J.C. Penney Company narrowed its net loss in the second quarter ended August 3, 2019, and asserted that it was making progress with its turnaround plans. In addition, the retailer named a new gmm/home.
In the second quarter ended June 30, eBay continued reviewing its operations portfolio even as it beat a Wall Street earnings estimate.
HEMA, a Dutch producer and retailer primarily of household goods, is expanding into North America, with a Walmart deal central to the initiative.
Amazon has launched its Off-to-College store, which the retailer characterizes as the ultimate destination for college shopping needs, with home decor and housewares playing a key role.
Hundreds of entrepreneurs and small businesses lined the halls at Walmart’s home office to pitch their U.S.-manufactured products to Walmart buyers. During the sixth annual Open Call event, more than 100 companies moved on to the next step, with several dozen getting deals on the spot to go on Walmart store shelves, the company said.
The Dallas Market Center will be rebranding its summer edition of the Dallas Total Home & Gift Market beginning next year. With the addition of the Apparel & Accessories Market to both the gift market, Lightovation and KidsWorld, the market will be called the Total Lifestyle Market.
Vixxo, a facilities management provider, has formed an agreement to provide facilities management services to extreme value retailer 99 Cents Only Stores.
Stage Stores’ comparable sales were down in the first quarter ended May 4, but the retailer said it was encouraged by its off-price store conversion plan and its expansion of the home department.
Emerald Expositions, parent company of NY Now, said its board of directors has appointed Sally Shankland to the position of president and CEO. Shankland will assume her new role on June 1, 2019 and will remain a member of the company’s board of directors.
While Target’s Vineyard Vines collection officially launches May 18, the retailer launched a pop-up shop in New York City to gives consumers a chance to shop the line.
Annual gains in home improvement and repair are projected to continue decelerating through early next year, 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.