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Costco’s Growing Membership Drives Up 3Q Sales

By Aggregated Content in Financial Reports on May 25, 2011 from http://c.moreover.com/click/here.pl?z4667676535&z=1250249029

Costco says its third-quarter net income rose 6 percent with growing membership numbers pushing sales both at home and abroad.

The nations biggest wholesale club has been among the top performers during the down economy and now, with more discretionary income in the pockets of shoppers, Costco is capitalizing on additional free spending.

 

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Chiasso to Open New Store in Fall

By Aggregated Content in Furniture Retailing on May 25, 2011 from http://c.moreover.com/click/here.pl?z4667092862&z=1250249032

Chiasso, a multi-channel retailer of modern home furnishings, today announced the opening of a new store in Wilmette, Ill.

The unique modern furniture shop will be located in the Wilmette Commons Shopping Center at the corner of Skokie Boulevard and Old Glenview Road

"We are excited to bring our unique, innovative line of merchandise to this great furniture shopping district," said Chris Segal, president of Chiasso.

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Belfort Furniture Expands In-Home Design Service

By Aggregated Content in Furniture Retailing on May 25, 2011 from http://c.moreover.com/click/here.pl?z4665834344&z=1250249032

Belfort Furniture is expanding its service line by offering in-home design services. Belfort Furniture has focused on of providing quality furniture selection and service for more than 23 years.

Although it€™s already known for its expansive inventory and attractive showroom space, Dan Kennedy, president, said the retailer is expanding its business in a new direction by helping customers define their living spaces through its design services.

Located in Dulles, Va., Belfort Furniture serves customers from all over Northern Virginia, Maryland, and Washington, DC. Its 100,000-square-foot furniture campus is divided into four showrooms and clearance center and outlet.

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Furniture Retailer Conn's Q1 Profit Beats Street

By Aggregated Content in Financial Reports on May 25, 2011 from http://c.moreover.com/click/here.pl?z4667703865&z=1250249032

Electronics and home appliances retailer Conn's Inc posted a first-quarter profit that beat market estimates, as people bought more home products like furniture and mattresses.

Conn's said it expects second quarter same store sales to decline to mid- to high-single digits as rising gas and food prices may affect more customers. In the quarter ended April 30, net income for the company, which provides shoppers flexible credit options to buy its products, was $4 million.

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Wolf Furniture Readies for Store Approval

By Aggregated Content in Furniture Retailing on May 25, 2011 from http://c.moreover.com/click/here.pl?z4669925126&z=1250249029

Just a few months after announcing plans to open a Leesburg store, representatives of Wolf Furniture appear poised to receive a final stamp of approval in the town's land development review process, Leesburg Today reports.

Last week, Pennsylvania-based Wolf Furniture received a recommendation of approval from the Planning Commission for the construction of a future furniture store on Fort Evans Road at the former site of the Loudoun Health & Racquet Club,.

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