Holiday shoppers took advantage of deep discounting and early sales to lift retail spending in November.
The larger store format seems to have given lifestyle retailer Restoration Hardware (NYSE: RH) an earnings boost.
Indian child rights campaigner and founder of GoodWeave Kailash Satyarthi received the Nobel Peace Prize award in Oslo where he shared the honor with Pakistani education activist Malaia Yousafzai Wednesday.
Houston-based Mattress Firm (NASDAQ: MFRM) has initiated an underwritten public offering of more than 2 million shares.
Rug and home accessories supplier Surya recently was named a recipient of the Niryat Shree Award for outstanding performance in exports.
With most holiday merchandise safely in the country despite significant congestion impacting West Coast ports, import cargo volume at the nation’s major retail container ports is expected to continue to slow down this month, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
Multi-line home furnishings supplier Hooker Furniture Corp. (NASDAQ: HOFT) reported net income of $3.2 million for the third quarter ended Nov. 2, a 51.4 percent increase from net income of $2.1 million in the third quarter last year.