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Trending Wayfair’s COO to exit; Blotner steps into role as president-commercial and ope [...] 9 Showrooms expanding, relocating for January’s Atlanta Market Ocean container rates rise as concern grows over future tariffs, January port st [...] Retailers, the …
JCPenney sales go slack as traffic sputters | Home Textiles Today
Oct 8, 2024 · JCPenney sales go slack as traffic sputters. Plano, Texas – JCPenney swung to a loss during the second quarter as weaker traffic drove down sales. Sales for the quarter ended Aug. 3 fell 8.9% to $1.5 billion, according to a filing from JCPenney Intermediate Holdings LLC, the retailer’s holding company. Same-store sales down 7.7%.
Big Lots loses $40 million in soft home sales in 1st half
Oct 10, 2024 · Columbus, Ohio – Sales of soft home merchandise at Big Lots fell more sharply than the overall company’s sales declined during the first six months of the fiscal year. Soft home sales dropped more than 11.4% to $308.9 million during the first-half period, ended Aug. 3. Total company sales tumbled 9.1%. Hard home fell further, with sales ...
Target inches closer to 2,000-unit mark with upcoming store …
Oct 1, 2024 · 3610 Peck Road, El Monte, Calif. This 128,000-sq.-ft. store is the second new Target store to open this year in California, where the retailer now has 319 locations. 361 Middletown Warwick Road, Middletown, Del. The 147,000-sq.-ft. store is the Target’s fifth unit in the state. 249 NW 6th Street, Miami, Fla.
Lower prices? Largest Ikea retailer says yes
Oct 10, 2024 · According to company officials, Ingka Group, the largest Ikea retailer group, has focused on offsetting the challenges by lowering prices for customers and reigniting growth at retail by developing “a more affordable, accessible and sustainable Ikea.”. “We are in times when dreams and needs for a better life at home are greater than ever ...
JLA Home | Home Textiles Today
Aug 24, 2006 · The company maintains a 220,000 square foot design center in China, as well as regional distribution and replenishment centers in North America to service its retail customers. For Your Information: Key contact: Scott White, senior vice president, sales E-mail: [email protected] Telephone: 770 587 0451 Fax: 678-461-0248 Web site: www.jlahome.com.
Beyond Inc. sells Wamsutta brand to Indo Count
Apr 18, 2024 · Midvale, Utah – The fabled Wamsutta home textiles brand now has a new owner.. Beyond Inc. – parent company of Bed Bath & Beyond, Overstock and Zulily – has sold the brand’s intellectual property to Indo Count Industries, one of the Top 15 suppliers of home textiles to the U.S. market. Indo Count acquired Wamsutta for $10.25 million in cash plus the assumption of certain liabilities.
Caldeira leverages expanded sourcing reach | Home Textiles Today
Sep 26, 2024 · Caldeira leverages expanded sourcing reach. Cecile Corral// Contributing Editor, Home Textiles Today // September 26, 2024. New York – Caldeira’s new collections embody a geopolitical-proof mix of internationally sourced fabrications. The assortment introduced last week during New York Home Fashions market includes Turkish jacquards ...
Excell Home Fashions, Glenoit to liquidate under Chapter 7
Aug 17, 2021 · Glenoit LLC is seeking to liquidate its Glenoit and Excell businesses through a Chapter 7 bankruptcy proceeding. Both were acquired by. According to the Aug. 11 filing in the Delaware bankruptcy court, the business has fewer than 50 creditors. The filing also states that there will be no funds available to unsecured creditors after the payment ...
Belk restructures board with new outside chairman and 3 fresh ...
Oct 2, 2024 · Charlotte, N.C. – After securing fresh financing from its lenders in July, Belk Inc. has reconfigured its board of directors. The new members of the board will join Belk CEO Don Hendricks as the company focuses on deepening national brand partnerships, creating a more personalized shopping experience, and further increasing customer engagement, the …