February 24,
2017 by Jane Chero in Industry, Retail Closing 
JCPenney announced Friday it will close 130 to 140 stores and two distribution centers in the next few months, allowing the retailer to focus its investments on stores with the greatest revenue potential.
February 24,
2017 by Larry Thomas in Financial Reports, Industry
A variety of restructuring costs, as well as expenses stemming from the launch of RH Modern, erased much of Restoration Hardware’s fourth-quarter profit, according to preliminary financial results released by the lifestyle retailer.
February 24,
2017 by Larry Thomas in Industry, Retail Technology
Aiming to enhance the websites of its retail customers and boost store traffic, top 10 mattress manufacturer King Koil has launched a digital marketing program.
February 24,
2017 by Larry Thomas in Financial Reports, Industry
Struggling retailer HH Gregg (NASDAQ: HHG) is preparing to file for Chapter 11 bankruptcy protection – possibly as soon as next month, according to a report from Bloomberg News.
February 24,
2017 by Larry Thomas in Community / Charitable Support, Industry
Art Van Furniture has opened the application process for charities across the Midwest to compete in its ninth annual Art Van Charity Challenge, which will culminate in the winning charity receiving a $100,000 grant from Art Van Furniture
February 23,
2017 by Larry Thomas in Financial Reports, Industry
E-commerce powerhouse Wayfair Inc. (NYSE: W) said fourth-quarter revenue leaped 33.1% to $984.6 million, but the retailer’s net loss more than doubled to $44 million.