Kirkland’s Reopening Stores As E-Commerce Sales Rise
Kirkland’s has provided an update on store openings, e-commerce sales and its liquidity in light of most states in the company’s store base beginning to lift their stay-at-home orders.
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Kirkland’s Cuts Costs To Reinforce Business
Kirkland’s is taking additional measures in response to the impact on its business from the coronavirus, expanding its e-commerce initiatives while reducing costs.
Updated: Williams Sonoma, Other Retailers Close Stores, Reduce Hours
A range of retailers across channels are responding to the coronavirus outbreak with moves to temporarily close their stores, reduce store hours and other consumer and employee oriented initiatives.
Kirkland’s Stumbles In Q4, Fiscal Year
Despite e-commerce gains, Kirkland’s posted lower fourth quarter adjusted profits and a loss for the year as comparable sales decreased. The company also said it plans to close 28 underperforming stores in the first quarter.
Kirkland’s Improves Q4 Sales Momentum
Kirkland’s reported improved sales momentum for its 13-week fourth quarter and 52-week fiscal year ended February 1.
Kirkland’s President Departs, To Close 27 Stores
Kirkland’s has mutually parted ways with president and chief operating officer, Michael Cairnes. Woody Woodward, the company’s CEO, will add the role of president and will oversee operations in addition to his ongoing responsibilities across merchandising and marketing.
Kirkland’s Renews Credit Facility
Kirkland’s has amended and extended its $75 million senior secured credit facility with Bank of America.
Weak Store Traffic In Q3 Challenges Kirkland’s
Weak store traffic challenged Kirkland’s in the third quarter as the retailer reported a decline in net sales and comparable store sales, and a larger net loss.
Comps Tumble As Kirkland’s Posts Bigger Q2 Loss
Kirkland’s has had a rough summer, with comps down double digits and net loss up.
Kirkland’s Names Strain Chief Financial Officer
Kirkland’s has named Nicole Strain executive vice president and chief financial officer. She has served as the retailer’s interim CFO since May 2017.
Kirkland’s Pressured With Q1 Sales Decline
Kirkland’s faced a challenging first quarter with comps and net sales declining. The home décor retailer said it is taking steps to improve its second-half performance.
Kirkland’s Sales Soft In Q4
Kirkland’s reported soft sales during its fourth quarter, as the home décor retailer readied key strategic initiatives aimed at accelerating its growth in 2019.
Kirkland’s Sales Slip In Q4
Kirkland’s net sales slipped in the fourth quarter, as the retailer pointed to weakness in its brick-and-mortar sales while it worked to improve its omnichannel capabilities.
Kirkland’s Q3 Comps Gain As Loss Narrows
As it welcomed a new CEO and battled higher freight and store occupancy costs, Kirkland’s posted a narrower net loss as its comps gained in the third quarter.
Kirkland’s Appoints Woodward CEO
Kirkland’s has appointed Steve Woodward as chief executive officer. Woodward, who is currently president and chief merchant of Crate & Barrel, will join Kirkland’s and the board of directors effective October 22, 2018.
Kirkland’s Unveils New Store Concept
Kirkland’s has reopened its Brentwood, TN, location at 1624 Galleria Blvd. after a month-long closure for remodeling. The new, reimagined store design has been planned to provide shoppers with design and décor inspiration, the company said.
Kirkland’s Q2 Same-Store Sales Drop
Softer store traffic had a negative impact on Kirkland’s second quarter results. While overall sales were up slightly, the home product specialty retailer reported a drop in comparable store sales for the three month period ended August 4.
Kirkland’s To Debut Exclusive Rae Dunn Collection
Kirkland’s is launching an exclusive collection from Rae Dunn that will feature a variety of tabletop and home decorative items. The line will debut in stores and online August 17.
Kirkland’s Gains Traction In Q1
Kirkland’s narrowed its net loss and gained sales as the retailer improved its performance year over year.
Kirkland’s Launches Trisha Yearwood Home Collection
Kirkland’s has partnered with Trisha Yearwood to launch an exclusive home accent collection.