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bebe stores Acquires 47 Buddy’s Home Furnishings Franchises for $35 Million

Retail TouchPoints

Specialty licensor of women’s apparel and accessories bebe stores inc. has purchased 47 Buddy’s Home Furnishings rent-to-own franchises from Franchise Group Inc. This is the company’s first foray into the home furnishings vertical. for $35 million.

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Pottery Barn Partners With The Renewal Workshop To Market Refurbished Products

Retail TouchPoints

The products are available on The Renewal Workshop web site , along with merchandise from other brand partners such as apparel companies Osprey and Carhartt and Coyuchi , a specialty retailer of cotton home textiles.

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Parachute Names First Chief Merchandising Officer as it Looks to Grow Assortment

Retail TouchPoints

The multi-category home company was founded as an online-only business in 2014 and has since expanded into brick-and-mortar with 13 storefronts, recently launched in Canada and continues to grow its category assortment, which now includes mattresses, apparel and furniture.

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Why Hispanic Customers will Travel 50 Miles to Visit a Curacao Store

Retail TouchPoints

Additionally, because many Curacao customers want to send products to family or friends in their home countries, the retailer has streamlined this process by stocking warehouses in several Latin American countries with furniture, appliances and even motorcycles to support fast delivery to recipients outside of the U.S.

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Laura Ashley to launch soft furnishings range in Australia, NZ

Inside Retail

Lifestyle label Laura Ashley has partnered with homeware marketer Basford Brands to launch a soft furnishings range in Australia and New Zealand. Established in 1953, Laura Ashley sells a range of lifestyle products including home furnishings, women’s sleepwear, children’s apparel, accessories and hospitality experiences.

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NRF: Retail Sales Rose 17.7% YoY in March as Recovery Accelerated

Retail TouchPoints

YoY; Furniture and home furnishings stores: Up 5.9% Conversely, categories like apparel skewed positive last month due to retailers mostly being closed at this time in 2020. For instance, clothing and accessory store sales were up 18.3% month-over-month seasonally adjusted, and up 104.6% unadjusted YoY.

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Beyond Acquires Zulily, Plans to Revive Brand in Q2

Retail TouchPoints

Executive Chairman Marcus Lemonis said the acquisition is aimed at strengthening Beyond’s position in the off-price market. This acquisition doubles down on our belief in the off-price market, and its importance to building our business, improving our margin profile and growing our customer file,” said Lemonis in a statement.

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