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

Retail Touch

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. Specialty licensor of women’s apparel and accessories bebe stores inc.

Seamless Shopping Journeys Attract Today’s Home Furnishings Consumers

Storis

The most common challenge vocalized by home furnishings retailers in 2019 was how to increase store traffic. The post Seamless Shopping Journeys Attract Today’s Home Furnishings Consumers appeared first on STORIS. In today’s world, everyone has a smartphone.

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At Home to be Taken Private in $2.8 Billion Purchase

Retail Touch

At Home has entered into a definitive agreement to sell itself to funds affiliated with Hellman & Friedman (H&F), a global private equity firm, in an all-cash transaction valued at $2.8 At Home will be taken private after the acquisition closes.

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Bebe to purchase more rent-to-own furniture stores

Retail Dive

The company, which is primarily known as a fashion licensor, is purchasing more Buddy's Home Furnishings franchises and announced that it refinanced

Crate & Barrel to Open at Asheville Outlets in North Carolina

Shopping Center

Home furnishings retailer Crate & Barrel is set to open a new outlet store at Asheville Outlets in North Carolina. Asheville, N.C. Crate & Barrel Outlet offers contemporary and modern furniture, housewares, décor, entertaining items and kitchen accessories. This… The post Crate & Barrel to Open at Asheville Outlets in North Carolina appeared first on Shopping Center Business. Leasing News North Carolina

IKEA Engages Home Renovators with New Quiz Experience on Pinterest

Retail Touch

Created to help inspire consumers and bring the feeling of several destinations into various rooms of the home, the campaign launched May 19 and is a collaborative effort across Wavemaker, Ogilvy and Jebbit. IKEA U.S.

Ikea Sweden to sell sustainable energy to locals

Inside Retail

We’re] a home furnishing company, and we want to make it easier for people to live a more sustainable life at home,” Ikea Sweden sales manager Bojan Stupar said.

Bed Bath & Beyond launches three new private labels

Retail Wire

The new lines include Our Table kitchenware, Wild Sage home furnishings and Squared Away storage products. Bed Bath & Beyond has launched three new private label lines as part of the retailer’s plan to reposition itself in the marketplace. in-article

5 Critical Features to Proactively Tackle Current Industry Issues

Storis

While home furnishings retailers face unprecedented challenges, our industry has a history of resilience. Currently, the effects of production halts, labor shortages, raw material delays, and logistical challenges are compounded in the home furnishings industry.

On Our Radar: Williams-Sonoma Opens First Dubai Store

VMS

Home furnishings and kitchenware brand Williams-Sonoma (San Francisco) opened its first United Arab Emirates store in Dubai in March of this year. Our promise is to nourish people’s lives at home. Design Galleries Dubai home goods kitchenware williams-sonoma

UBS Sees 80,000 Stores Closing By 2026

VMS

In addition, roughly 7000 home furnishing stores are also likely to close. In a research note UBS published this past Monday, it predicts nearly 80,000 retail stores – roughly 9 percent – will close permanently by 2026, according to Fortune.

Sundance Opens First Michigan Location in the Greater Detroit Area

Retail Touch

The 4,120-square-foot store will be the first location in Michigan for the retailer, which sells women’s and men’s apparel, jewelry, footwear, accessories, home furnishings and art.

After 70 Years, IKEA Disassembles Both Print and Digital Catalogs

Retail Touch

In order to reach and interact with the many people, we will keep inspiring with our home furnishing solutions in new ways.”. In what the company termed an “emotional but rational” decision, Inter IKEA Systems B.V. ,

Johnstons of Elgin brings luxury Scottish craftsmanship to Caledonia Park

Retail Focus

Spanning 2,350 sq ft, the new Johnstons of Elgin boutique at Caledonia Park stocks recent collections from the label’s New Bond Street flagship store, including timeless womenswear and menswear ranges, alongside luxurious textile accessories and woven home furnishings.

Opinion: Don’t make your returns problem an experience problem

Inside Retail

For those whose business is fashion or home furnishings, it can mean presenting the customer with opportunities to “try out” their product in a digital environment in a way that’s analogous or superior to how they would interact with it in-store.

IKEA trials “Home Experience of Tomorrow” concept store

Retail Focus

Called the “Home Experience of Tomorrow”, the transformation includes an innovative new design and incorporates new technology, new ways to shop, and a focus on emotional and empowering customer experiences.

Many retail sectors have thrived during the pandemic thanks to e-commerce, but can it continue?

Retail Focus

With restaurants forced to shut their doors, many food-lovers brought the restaurant experience home with meal kits. Home furnishings and DIY. With so many of us spending more time at home, it’s no surprise that the sales of home improvement products saw a 50% increase. .

Sleep.8 ‘Awakens’ the Kings Road with debut central London store launch

Retail Focus

over the summer on a pop-up basis at 227-229 & 239 King’s Road are interior design brands, Libby Blakey Designs and Mews Furnishings. Meanwhile, Mews Furnishings will bring a handpicked collection of fabrics and homewares to Chelsea, with the 1717 sq.

Pottery Barn Partners With The Renewal Workshop To Market Refurbished Products

Retail Touch

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.

Restoration Hardware CEO Plots New Stores, Predicts More Success

VMS

The comments came during RH’s second-quarter earnings call, during which the luxury home furnishings giant reported revenues that jumped 39 percent over the same period last year.

The Power of Two … or Perhaps Three or Four?

VMS

fashion retailer Next has done more or less the same with Costa Coffee, Paperchase (a stationer) and Laura Ashley (home furnishings), among others, all taking space inside what was previously solely a modish offer.

The Lexicon continues to expand F&B offering as leasing drive picks up pace

A1 Retail

Home furnishing store Plush will be opening its first ever store, and Fone World are also joining The Lexicon. Home furnishing store Plush will open a new 19,210 sq ft flagship store offering a wide-range of innovative, comfortable furniture from premium quality brands. Plush’s store will be designed to immerse customers into the world of luxury, fine detailing, and home comforts with a modern twist.

Full House: Steven Lew’s GRB unveils new homewares brand

Inside Retail

Global Retail Brands Australia (GRBA) is making an aggressive push into the home furnishings market with the launch of a new brand, House – Bed & Bath. We’re all finding more comfort, and spending more time, in our homes.

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

Retail Touch

YoY; Furniture and home furnishings stores: Up 5.9% As COVID-19 vaccine rollouts continued and government checks generated more spending power, retail sales rose 17.7% YoY and 7.4% from February 2021 in March 2021 according to data from the National Retail Federation (NRF).

Retail sales rise in August

Mass Relators

in August, as consumers spent more on apparel, electronics and home goods, the Commerce Department reported today. increase in spending on furniture and home furnishings, as well as a 3.5% WASHINGTON – U.S. retail sales increased a modest 0.7%

John Lewis signs deal with Tesco for warehouse space in online sales push

365 Retail

We will use the Fenny Lock site to fulfil customer orders for fashion, small home furnishing items and technology products.”.

Adobe: Consumers Will Spend More Online in First 10 Months of 2021 than All of 2019

Retail Touch

In addition to notable categories such as apparel and home furnishings, consumers continue to see prices rise online for everyday goods such as groceries, pet products and personal care,” said Vivek Pandya, lead analyst for Adobe Digital Insights in a statement.

Retail appointments for the week

Inside Retail

Thai silk fashion and home furnishings brand Jim Thompson has appointed former PVH Asia president Frank Cancelloni as its new group CEO. Retail investment platform Alquemie Group grows team.

Pier 1 Returns as Revamped Ecommerce Retailer

Retail Touch

Pier 1 Imports has officially been relaunched as an internet-first retailer selling home furnishings and accessories online.

Dunelm takes action against shoplifters with new VoCoVo headset feature

A1 Retail

VoCoVo , a retail communications specialist, has partnered with Dunelm , the UK home furnishing retailer, to enhance its in-store security and help to prevent theft and loss. New tannoy functionality acts as major deterrent for would-be shoplifters. This has been achieved through the roll out of a new feature to colleagues’ VoCoVo headsets, empowering shop floor staff to take discreet action to deter would-be thieves.

April COVID-19 Trade Show Updates

Independent Retailer

Here are some of the most recent changes and which shows will be going on, but remember to frequently check the organization’s website for the most up-to-date information: Reimagine Home Furnishings Market – June 5-9, 2021. The Inspired Home Show – March 5-8, 2022.

Macy’s Names Permanent CFO

Retail Touch

Prior to joining BCG, Mitchell had a wide range of retail experiences, including serving as a Board Director at REI ; as CEO of home furnishings retailer Arhaus ; as CFO, COO and interim CEO at Crate & Barrel ; and in several management positions at Target. “In Macy’s has appointed Adrian Mitchell as its new CFO, effective Nov. Mitchell will take on responsibility for leading all finance functions and will report to Macy’s Inc. Chairman and CEO Jeff Gennette.

Former Macy’s marketing officer joins NRF

Mass Relators

Reardon spent the last decade with Macy’s, retailer of apparel, accessories, cosmetics, home furnishings and other consumer goods under the Macy’s, Bloomingdale’s and Bluemercury banners.

ScS hikes outlook for this year and next as orders surge

365 Retail

Home furnishing firms are enjoying booming trade as Britons have turned to revamping their homes during lengthy lockdowns and with little else to spend their money on. ecommerce Financial Home & DIY News Physical ScS

NRF, Census Bureau Report Continued Retail Recovery In August

Retail Touch

unadjusted year-over-year; Furniture and home furnishings stores : Up 2.1% Retail sales continued their gradual improvement in August, rising 0.6% seasonally adjusted from July and 2.6% year-over-year, according to Census Bureau data. The monthly increase is down slightly from the 0.9%

Our Industry’s Everyday Heroes

Storis

As we all are spending more time than ever before in our own homes, I wanted to take this time to reflect on some of our industry heroes. The home furnishings retail employees, from sales associates and delivery fleets to IT and warehouse teams, that help us make our house a home.

Sleep.8 ‘Awakens’ the Kings Road with Debut Central London Store Launch

A1 Retail

The store launch of sleep technology and home furnishings brand Sleep.8, complemented with interior pop-ups Libby Blakey Designs and Mews Furnishings highlights our responsive shops on demand leasing strategy.

The Value of Repeat Customers

Storis

Many retailers in the home furnishings industry are also offering Membership Programs , where customers have the option to pay to receive perks and promotional pricing all year round.

Charity Raises Nearly $50,000 During Atlanta Market

Independent Retailer

Las Vegas Market is the leading home furnishings and gift market in the western U.S., presenting 4,300+ furniture, home décor and gift resources in an unrivaled market destination.

Made.com presses button on London listing

365 Retail

Its stock market debut comes amid a boom in demand for home furnishings during the pandemic, as well as a shift towards online retail. Around half of our sales are outside of the UK and we are aiming to be the leading home destination in Europe for the digital native.”.

Stimulus Checks Spur 5.3% Jump in January Retail Sales

Retail Touch

Electronics and appliances as well as furniture and home furnishing stores both marked double-digit increases over the previous month. Retail sales rose higher than expected in January, reaching a total of $568 billion , a 5.3% increase from December 2020, according to the U.S.

Importance of Seamless Experiences

Storis

STORIS’ Unified Commerce solution is developed to help home furnishings retailers maximize their revenue potential across channels. A unified experience has become the new model in the retail environment and is necessary to succeed in the home furnishings industry.

Johnstons of Elgin brings luxury Scottish craftmanship to Caledonia Park

A1 Retail

Spanning 2,350 sq ft, the new Johnstons of Elgin boutique at Caledonia Park stocks recent collections from the label’s New Bond Street flagship store, including timeless womenswear and menswear ranges, alongside luxurious textile accessories and woven home furnishings.