April 11,
2014 by in Financial Reports, Furniture Retailing, Industry
Warehouse club retailer Costco (NASDAQ: COST) reported net sales of $10.43 billion during March, an 8 percent increase from $9.67 billion reported in the same five-week period last year.
April 10,
2014 by in Acquisition, Bedding, Industry, Product
West Coast mattress retailer Sleep Train will acquire America’s Mattress in Hawaii. Terms of the deal were not disclosed.
April 10,
2014 by in Financial Reports, Furniture Retailing, Industry
Specialty home furnishings retailer Pier 1 (NYSE: PIR) reported net income of $107.5 million for the fiscal year ended March 1 a nearly 17 percent decline compared with $129.4 million in the fiscal 2013.
April 10,
2014 by in Green, Industry
Businesses and governments are evaluating options for lowering their carbon footprint and the increasing costs of sustainable energy supplies.
April 10,
2014 by in Industry, Retail Technology
New Jersey business publication NJBIZZ has named retail automation vendor Storis one of the best places to work in the state.
April 9,
2014 by in Industry, Sourcing / Importing
Import volume at the nation’s major retail container ports should rise 6.1 percent in April, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates.
April 9,
2014 by in Industry, Internet
Home furnishings supplier Nova LifeStyle (NASDAQ: NVFY) is working on development of an e-commerce platform aimed at taking advantage of increased online demand for home furnishings in China.