June sales at home furnishings & furniture stores include an asterisk –...
Washington – The CNBC/NRF Retail Monitor reported unusually large year-over-year retail sales increases in June – largely compared depressed sales in the same period last year. Retail sales in June...
View ArticleSpending on dorm/apartment furnishings to hit new high
WASHINGTON – College students and their families plan to spend a record amount on Back-to-Campus (BTC) this year – with the outlay for dorm and apartment furnishings alone forecast to jump 9.4%. Total...
View ArticleWayfair is kicking off Black Friday … in July
BOSTON — Wayfair Inc. is kicking off its Black Friday in July event with a five-day sale across every home category. From July 23-27, Wayfair is dropping five full days of savings across the entire...
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How has talk of war, rising gas and food prices affected consumers? New...
WASHINGTON — Although consumers seem to have adjusted to constant talk of war, they are still concerned with rising gas, oil and food prices, according to a new consumer report, and the realities have...
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Wayfair U.S. sales climb nearly 9% in Q2
BOSTON – Wayfair Inc. turned in its best top-line performance since 2020, with solid growth in orders delivered and a double-digit pop in sales at its specialty nameplates. Total net revenue climbed...
View ArticleKirkland’s biz gives Bed Bath & Beyond Inc. a 28% revenue boost
Fact facts: Net revenue rose 28.0% to $361 million in Q2, driven by incremental e-commerce growth and the addition of Kirkland’s retail businesses. That marked BBB Inc.’s second consecutive quarter of...
View ArticleHome holds its ground as Q2 sales shrink at QVC/HSN & Cornerstone
Summary: Home sales fell across QVC Group‘s two U.S. retail units in the second quarter, yet the category continued to account for the largest share of total sales at both. The declines came as QVC...
View ArticleCNBC/NRF: Budget-conscious shoppers fuel 10-month streak in sales gains
WASHINGTON – July sales were up in all but two of nine retail channels on a yearly basis and up in all but four categories on a monthly basis, according to new data from the CNBC/NRF Retail Monitor....
View ArticleTJX Q2: Home shines, Marmaxx stumbles
FRAMINGHAM, Mass. – In a rare misstep, TJX Cos.’ largest division under-performed during the second quarter, but strength at its other banners more than made up for the shortfall. Comp at MarMaxx –...
View ArticleHome decor helps fuel Kohl’s home gains in Q2
Summary: Kohl’s home sales up 1.0% led by decor and small electrics Online marketplace sales grew 88%, plans to double vendors Marketplace will more than double vendors and skus Tariff refunds boosted...
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