Higher ticket prices and an increase in written business gave home furnishings retailer Havertys (NYSE: HVT) a boost in its third quarter earnings.
Sears Canada is closing five of its stores, including its Toronto flagship, as part of a $400-million deal. The retailer plans to sell leases of the five stores to a mall operator.
Home furnishings retailer Restoration Hardware will open a $22 million, 865,000-square-foot distribution and call center in Grand Prairie, Texas, today. The facility will serve as the company's Southwest regional distribution hub and fulfillment center.
Vertically integrated home furnishings retailer Ethan Allen unveiled its vision of “The New Eclecticism” at a champagne reception last week in its newly redesigned flagship Design Center in Danbury, Conn.
City Furniture has opened the first part of the 90,000-square-foot superstore that will nearly triple its presence in Cutler Bay’s high-profile home furnishings retail district.
Target announced Monday that it will open 33 more stores in Canada next month, bringing the total number of Canadian stores opened this year to 124.