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Holiday Sales Grew 4% to Top $994 Billion, Exceeding Expectations

Retail TouchPoints

economy, said Jack Kleinhenz, Chief Economist at the NRF in a statement. Ecommerce, Home Furnishings Show Strong Growth Online and other non-store sales grew 8.6% Ecommerce, Home Furnishings Show Strong Growth Online and other non-store sales grew 8.6% Full-year 2024 retail sales also showed healthy growth of 3.6%

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At Home Files for Bankruptcy, Secures $600M as it Prepares to be Sold

Retail TouchPoints

At Home has filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware, part of an agreement with its lenders for a prearranged financial restructuring that will eliminate nearly $2 billion of the home furnishings retailer’s funded debt. billion.

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IKEA Prepares for Brighton Store Launch with Localised Approach to Home Furnishings

365 Retail

Lisa Ward, Life at Home expert at IKEA UK, explained the retailers approach: At IKEA, we strive to create a better everyday life for as many people as possible. By doing so, we can create a fantastic store filled with bespoke roomsets and home furnishing solutions relevant to the Sussex areas wants and needs.

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Best Buy, Ikea Assemble Shop-in-Shop Concept

Retail TouchPoints

The “Ikea in Best Buy” pairing will allow customers to shop for major appliances alongside complementary home furnishings and marks the first time that Ikea products and services will be accessible through another U.S. It’s a great step on our journey to helping people create beautiful, functional homes at a price they can afford.”

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Janie and Jack Aims to Become One-Stop Kids’ Shop with Addition of Third-Party Marketplace

Retail TouchPoints

Childrenswear brand Janie and Jack is launching a third-party marketplace, in partnership with Mirakl , to expand its online offerings beyond fashion and into home furnishings and dcor, toys, health and wellness products, and kids and baby gear.

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Sensible gifting took centre stage as consumers embraced practicality this Christmas

Retail Focus

Sector highlights: practicality tops the list The 2024 Boxing Day sales also saw impressive growth in categories tied to utility and everyday improvements: DIY sector revenue surged by 173% YOY driven by an increase in home improvement gifts such as tools and supplies.

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Franchise Group Sells Vitamin Shoppe to Private Equity Firms

Retail TouchPoints

The Vitamin Shoppe has been sold to Kingswood Capital Management and Performance Investment Partners in a deal that Bloomberg Law has valued at $193.5 The acquisition of the health and supplements retailer, which operates more than 650 stores, is expected to close later in Q2 2025.