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Target Announces Bauer as SVP, Global Inventory Management

Target Corp. (NYSE: TGT) has hired John Bauer as senior vp of global inventory management to lead the teams responsible for ordering, inventory positioning, global trade and domestic transportation.

NRF Increases 2018 Economic Forecast

The National Retail Federation has upgraded its retail sales forecast for 2018 and said sales are now expected to grow more than previously predicted.

Fast Fact: Furniture Imports Versus Exports, Gap Widens

The Great Recession, 2007 to 2009, created a major collapse in international trade, affecting both imports and exports of household furniture.  While a healthy economy has propelled import growth since then, exports are still struggling.

Aaron’s Inc. Announces Quarterly Dividend

Directors of Aaron’s Inc. (NYSE: AAN) have announced a quarterly cash dividend. The dividend declared is $0.03 per share of common stock, payable Oct. 5 to stockholders of record Sept. 20.

NRF Responds to Proposed 25% Tariffs

The National Retail Federation has responded to the administration’s recent announcement that it will consider imposing a tariff of 25 percent rather than 10 percent on $200 billion in goods from China.

Toys R Us, 123 Locations Up for Auction

In a rare opportunity for retailers, landlords and real estate investors, a total of 123 Toys R Us and Babies R Us owned and ground-leased properties in 29 states will be auctioned on August 13 - 14 in Manhattan, provided that qualified bids exceed a certain threshold by the deadline of Aug. 7.

Fast Fact: Industry Sales, Strongest 2nd Quarter Growth Since 2015

After a steady first quarter, furniture and bedding sales continued to climb in the second quarter, according to the proprietary market model from Impact Consulting, parent company of Home Furnishings Business.

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