Lowe's Companies reported an increase in profit and sales in the first quarter but its performance in both metrics fell short of Wall Street estimates.
Ikea has submitted plans to the city of Joliet, IL for a second distribution center – to accompany the center previously announced and planned to open in summer 2017.
The Home Depot Inc. benefited from improvements in the housing market and the weather in the first quarter of fiscal 2015.
RH (Restoration Hardware Holdings Inc.) is reportedly planning to open a more than 70,000-sq.-ft. RH Gallery format store at the Tivoli Village upscale shopping center in Las Vegas.
David Stanchak has joined RH (Restoration Hardware Holdings Inc.) as chief real estate and development officer, effective immediately.
Ikea is thinking small in Canada. Ikea Canada is testing a new concept, a “pick-up-point” store, in London, Ontario, and Quebec City.
Havertys has promoted Tim Simpson to assistant VP, IT development.
U.K. home and garden retailer Homebase is using IBM Commerce to provide more personalized shopping experiences by integrating in-store, online and mobile channels.
While most retailers are shrinking their footprints, Nebraska Furniture Mart (NFM) is doing just the opposite, opening the nation’s largest home furnishings store.