Bob’s Discount Furniture has leased a 751,966-sq.-ft. warehouse and distribution building in Shorewood, Illinois, as it prepares to expand its growing retail furniture business into the Chicago area.
Ikea plans to install solar energy panels on its 380,000-sq-ft. St. Louis store, due to open in fall 2015.
Canada’s Home Hardware chain has jumped on the in-store pickup bandwagon, tapping Shopatron to complete an implementation of Canada’s largest dealer-owned hardware, lumber, building materials and furniture cooperative’s in-store pickup platform.
Bed Bath & Beyond Inc. beat Wall Street expectations for its third quarter net earnings even as they declined from the same quarter in fiscal 2013.
Sales for the fourth quarter of fiscal 2014 at Havertys Furniture Companies Inc. increased 9% to $213 million, compared with $196.2 million for the fourth quarter of fiscal 2013.
The specialty apparel and home goods chain C. Wonder is shuttering its remaining stores, according to Buzzfeed.
The Conference Board said Tuesday that consumer confidence in November fell to a reading of 88.7, down from a revised 94.1 in October. The drop, which surprised analysts, put the index at its lowest level since June.
The Home Depot Inc. faces at least 44 lawsuits connected with a data breach that affected the retailer from April-September 2014.
Lowe’s Companies raised its full-year profit and sales forecast as strong home improvement spending boosted its profits and sales in the third quarter.