retail

Retail
Michaels, Pinterest Team On Home Decor Project Kits

In a move that brings together social media, interest in kit-based activities and family project endeavors, Michaels and Pinterest have partnered to launch Make It Kits. The kits include all the necessary supplies to help anyone from a beginner to a more experienced crafter tackle trending projects posted on the social media site.

Retail
NPD: Walmart, McDonald’s, Target Top Shopped-At List

A newly released study from The NPD Group’s Checkout Tracking shows that some of the biggest names in retailing and food service have become thoroughly woven into American life, reaching a high percentage of buyers at least once a year with Walmart, McDonald’s and Target on top. More than 80% of consumers in the United States shopped at those retailers in 2016.

Retail
Lamps Plus Leverages Capacities To Do More In Smaller Store

Lamps Plus is preparing its first new store in seven years, opening this summer in The Arboretum, an Austin, TX, open-air mall. The new retail location, the company’s 39th store and third in Texas, is the company’s smallest, but the retailer believes it can thrive in less space by leveraging employees and its online operation.

Financials
Pier 1 Builds Momentum In Q4

For the fourth quarter ended February 25, one that helped the company finish the year on a high note, Pier 1 Imports posted net income of $26.6 million, or 33 cents per share, versus $18.7 million, or 23 cents per share, in the fiscal year-before period.

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