Conn’s Building New Houston Distribution Center
Conn’s has officially broken ground on the future home of the company’s new Houston distribution center.
retail
Best Buy To Acquire Connected Health Services Provider GreatCall
Best Buy has signed a definitive agreement to acquire GreatCall, Inc. for $800 million in cash.
Dillard’s Narrows Net Loss In Q2
Dillard’s posted sales growth in the second quarter while narrowing its net loss.
Nordstrom Raises Outlook After Strong Q2
The second quarter was a strong one for Nordstrom as growth in sales and net earnings led the company to raise its outlook for the remainder of its fiscal year.
Wayfair Offers Budget Interior Design Services
Wayfair has made an interior design platform, Design Services, available on its website, with rates starting at $79 for a one-room project.
At Home Opens First Connecticut Store
At Home has opened its newest store at 1181 Tolland Turnpike in Manchester, CT. It is the retailer’s first location in Connecticut.
Walmart Delivers Strong Comp Sales Growth In Q2
The Walmart U.S. business delivered the best quarterly comp sales results for the retailer in more than a decade during the second quarter. Walmart also highlighted new features in its home category online shopping platform as well as the expansion of its brand assortments.
Epoca Gains Financing For Tasty Housewares Line
Epoca International has received additional funding for its Walmart-exclusive Tasty Housewares product line, according to Tiger Capital Group.
J.C. Penney Q2 Comps Up Slightly, Net Loss Grows
Second quarter comparable sales at J.C. Penney were up slightly, but the department store retailer reported a larger net loss for the three months ended August 4.
Kroger Selects Scottsdale For Grocery Delivery Pilot Program
Kroger and Nuro have selected Scottsdale, Arizona, as the city for their self-driving grocery delivery pilot program.
Chris Gridley, DD’s Discounts, VP/DMM Housewares
The July 23 issue of HOMEWORLD BUSINESS® features the 19th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.
July Retail Sales Show Strong Growth
July retail sales were up 4.9% year-over-year and 0.4% seasonally adjusted from June with sales at furniture and home furnishing stores and electronics and appliances stores remaining strong.
Walmart Opens Distribution Center In Mobile
Walmart hosted a grand opening celebration to commemorate the official opening of its new $135 million distribution center in Mobile, Alabama.
Rite Aid Revises Fiscal 2019 Outlook
Rite Aid recently updated its fiscal 2019 outlook, which the company initially provided on April 12.
Lampert’s ESL Investments Bids For Kenmore, Other Sears Assets
Edward Lampert’s ESL Investments has made a $400 million bid for Sears Holdings’ Kenmore business.
IHA Raises Concerns About Higher Tariff Rate
The International Housewares Association, which previously had come out against proposed tariffs on a host of housewares products, is raising new concerns over an increase in the proposed rate hike from 10% to 25%.
Macy’s Earnings Beat Street As Comps Struggle Forward
Macy’s rebound continued into the second quarter, beating Wall Street estimates, although the retailer struggled to deliver sales growth.
Allison McPartland, Wayfair, Category Manager
The July 23 issue of HOMEWORLD BUSINESS® features the 19th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.
eBay Brings Akron Entrepreneurs To New York City
As part of an entrepreneurship promotion, eBay is taking over concept retailer The New Stand in New York City to bring a collection of new and unique products developed in Akron, OH.
Williams Sonoma Releases Annual Tools For Change Collection
Williams Sonoma is releasing its fifth annual Tools For Change collection of celebrity-designed spatulas, benefitting No Kid Hungry, a national campaign to end childhood hunger in America.